Dominion Diamond Corporation
DDC
DDC was delisted on the 1st of November, 2017.
125 hedge funds and large institutions have $843M invested in Dominion Diamond Corporation in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 41 closing their positions.
33% more capital invested
Capital invested by funds: $631M → $843M (+$211M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
8% less funds holding
Funds holding: 136 → 125 (-11)
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
20% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 41
65% less call options, than puts
Call options by funds: $173K | Put options by funds: $501K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$126M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$56.7M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$53.2M |
| 4 |
Morgan Stanley
New York
|
+$19.3M |
| 5 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$50.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$28.1M |
| 3 |
BHMP
Bardin Hill Management Partners
New York
|
-$21.7M |
| 4 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
-$14.6M |
| 5 |
Neuberger Berman Group
New York
|
-$12.3M |
DDC Hedge Fund Activity: Q3 2017 in Review
125 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Dominion Diamond Corporation (DDC) for Q3 2017, worth a combined $843M — up 33% from $631M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DDC and 33 opened new positions — a net loss of 8 holders — while 38 trimmed existing stakes and 33 added.
The largest buyer was Fidelity Investments, adding an estimated $126M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $50.9M sold.
- 125 institutional investors held Dominion Diamond Corporation (DDC) as of Q3 2017, down from 136 in Q2 2017.
- Funds reported $843M of Dominion Diamond Corporation stock for Q3 2017, up 33% quarter-over-quarter.
- 33 funds opened new Dominion Diamond Corporation positions in Q3 2017 and 41 closed out, a net change of -8 holders.
- The largest Dominion Diamond Corporation buyer in Q3 2017 was Fidelity Investments, an estimated $126M added.
- The largest Dominion Diamond Corporation seller in Q3 2017 was TIG Advisors LLC, an estimated $50.9M sold.
Based on aggregated 13F filings for Q3 2017.