DocGo
DCGO
143 hedge funds and large institutions have $439M invested in DocGo in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 33 reducing their positions, and 13 closing their positions.
13,358% more call options, than puts
Call options by funds: $5.79M | Put options by funds: $43K
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
52% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 33
42% more capital invested
Capital invested by funds: $310M → $439M (+$130M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
12% more funds holding
Funds holding: 128 → 143 (+15)
6.94% more ownership
Funds ownership: 42.62% → 49.56% (+6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$27M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$9.85M |
| 3 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$5.16M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$4.83M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$7.61M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$5.24M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.36M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.37M |
| 5 |
Renaissance Technologies
New York
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
ProShare Advisors
Bethesda,
Maryland
| – | -$75.1K | -10,617 | Closed |
|
152
Lazard Asset Management
New York
| – | -$64K | -9,073 | Closed |
|
153
Group One Trading
Chicago,
Illinois
| – | -$15.4K | -1,742 | Closed |
|
|
CP
154
Castleview Partners
Dallas,
Texas
| – | -$311 | -44 | Closed |
|
|
EI
155
Ellevest Inc
New York
| – | -$71 | -10 | Closed |
|
DCGO Hedge Fund Activity: Q1 2023 in Review
143 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DocGo (DCGO) for Q1 2023, worth a combined $439M — up 42% from $310M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new DCGO positions and 13 closed out — a net gain of 18 holders — while 50 added to existing stakes and 33 trimmed.
The largest buyer was Deerfield Management, opening a new position worth an estimated $27M. The largest seller was Light Street Capital Management, exiting entirely with an estimated $7.61M sold.
- 143 institutional investors held DocGo (DCGO) as of Q1 2023, up from 128 in Q4 2022.
- Funds reported $439M of DocGo stock for Q1 2023, up 42% quarter-over-quarter.
- 31 funds opened new DocGo positions in Q1 2023 and 13 closed out, a net change of +18 holders.
- The largest DocGo buyer in Q1 2023 was Deerfield Management, an estimated $27M added.
- The largest DocGo seller in Q1 2023 was Light Street Capital Management, an estimated $7.61M sold.
Based on aggregated 13F filings for Q1 2023.