Dominion Diamond Corporation
DDC
DDC was delisted on the 1st of November, 2017.
120 hedge funds and large institutions have $350M invested in Dominion Diamond Corporation in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
10% more capital invested
Capital invested by funds: $318M → $350M (+$32.5M)
3% more funds holding
Funds holding: 117 → 120 (+3)
0% more call options, than puts
Call options by funds: $3.58M | Put options by funds: $3.58M
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$26.6M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.98M |
| 3 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$4.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.65M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.6M |
| 2 |
CPM
Chesapeake Partners Management
Baltimore,
Maryland
|
-$5.69M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$5.45M |
| 4 |
GA
Glenhill Advisors
New York
|
-$4.06M |
| 5 |
Two Sigma Investments
New York
|
-$3.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Allianz Asset Management
Munich,
Germany
| – | -$415K | -30,229 | Closed |
|
|
DTL
127
Dynamic Technology Lab
Singapore
| – | -$291K | -28,447 | Closed |
|
128
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$190K | -18,814 | Closed |
|
|
TH
129
Timber Hill
Greenwich,
Connecticut
| – | -$184K | -18,016 | Closed |
|
|
SI
130
Sentry Investments
Toronto,
Ontario, Canada
| – | -$219 | -15,500 | Closed |
|
|
DC
131
Deere & Company
Moline,
Illinois
| – | -$116K | -11,303 | Closed |
|
|
FIMG
132
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$105K | -10,308 | Closed |
|
|
EWM
133
Edge Wealth Management
New York
| – | -$41K | -4,000 | Closed |
|
|
IA
134
IFP Advisors
Tampa,
Florida
| – | -$5K | -470 | Closed |
|
|
CCS
135
Crosspoint Capital Strategies
Orinda,
California
| – | -$3K | -150 | Closed |
|
DDC Hedge Fund Activity: Q1 2016 in Review
120 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Dominion Diamond Corporation (DDC) for Q1 2016, worth a combined $350M — up 10% from $318M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DDC positions and 17 closed out — a net gain of 4 holders — while 35 added to existing stakes and 44 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $26.6M. The largest seller was Morgan Stanley, cutting an estimated $17.6M.
- 120 institutional investors held Dominion Diamond Corporation (DDC) as of Q1 2016, up from 117 in Q4 2015.
- Funds reported $350M of Dominion Diamond Corporation stock for Q1 2016, up 10% quarter-over-quarter.
- 21 funds opened new Dominion Diamond Corporation positions in Q1 2016 and 17 closed out, a net change of +4 holders.
- The largest Dominion Diamond Corporation buyer in Q1 2016 was Royal Bank of Canada, an estimated $26.6M added.
- The largest Dominion Diamond Corporation seller in Q1 2016 was Morgan Stanley, an estimated $17.6M sold.
Based on aggregated 13F filings for Q1 2016.