Dauch Corp
DCH
164 hedge funds and large institutions have $1.26B invested in Dauch Corp in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 53 reducing their positions, and 22 closing their positions.
230% more call options, than puts
Call options by funds: $35.2M | Put options by funds: $10.7M
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
23% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 53
3% more funds holding
Funds holding: 159 → 164 (+5)
6.36% less ownership
Funds ownership: 96.21% → 89.84% (-6.4%)
15% less capital invested
Capital invested by funds: $1.49B → $1.26B (-$229M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$20.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.9M |
| 3 |
Millennium Management
New York
|
+$11M |
| 4 |
AIM
Atlantic Investment Management
New York
|
+$10.9M |
| 5 |
FAM
Fred Alger Management
New York
|
+$8.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$136M |
| 2 |
SA
Smithwood Advisers
Los Angeles,
California
|
-$19.9M |
| 3 |
Bank of New York Mellon
New York
|
-$19.2M |
| 4 |
O
OppenheimerFunds
New York
|
-$14.6M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
176
A.R.T. Advisors
New York
| – | -$589K | -28,846 | Closed |
|
|
RFC
177
Russell Frank Company
Seattle,
Washington
| – | -$488K | -24,182 | Closed |
|
|
NI
178
Numeric Investors
Boston,
Massachusetts
| – | -$466K | -22,800 | Closed |
|
179
Los Angeles Capital Management
Los Angeles,
California
| – | -$368K | -17,976 | Closed |
|
|
QIM
180
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$357K | -17,500 | Closed |
|
181
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$289K | -13,300 | Closed |
|
|
VRS
182
Virginia Retirement Systems
Richmond,
Virginia
| – | -$252K | -12,300 | Closed |
|
|
T
183
TradeWorx
Red Bank,
New Jersey
| – | -$251K | -12,291 | Closed |
|
|
WA
184
WFG Advisors
Dallas,
Texas
| – | -$73K | -3,569 | Closed |
|
|
WEC
185
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$21K | -1,035 | Closed |
|
|
LTFS
186
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$346 | +18 | New |
|
DCH Hedge Fund Activity: Q1 2014 in Review
164 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Dauch Corp (DCH) for Q1 2014, worth a combined $1.26B — down 15% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DCH positions and 22 closed out — a net gain of 5 holders — while 65 added to existing stakes and 53 trimmed.
The largest buyer was Gotham Asset Management, opening a new position worth an estimated $20.2M. The largest seller was Jana Partners, exiting entirely with an estimated $136M sold.
- 164 institutional investors held Dauch Corp (DCH) as of Q1 2014, up from 159 in Q4 2013.
- Funds reported $1.26B of Dauch Corp stock for Q1 2014, down 15% quarter-over-quarter.
- 27 funds opened new Dauch Corp positions in Q1 2014 and 22 closed out, a net change of +5 holders.
- The largest Dauch Corp buyer in Q1 2014 was Gotham Asset Management, an estimated $20.2M added.
- The largest Dauch Corp seller in Q1 2014 was Jana Partners, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2014.