DoubleDown Interactive
DDI
12 hedge funds and large institutions have $36.6M invested in DoubleDown Interactive in 2023 Q1 according to their latest regulatory filings, with funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.38% less ownership
Funds ownership: 185.39% → 185.02% (-0.38%)
6% less capital invested
Capital invested by funds: $38.9M → $36.6M (-$2.23M)
8% less funds holding
Funds holding: 13 → 12 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$48.7K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$23.9K |
| 3 |
Morgan Stanley
New York
|
+$5.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$128K |
| 2 |
AIC
AWM Investment Company
New York
|
-$35.4K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$575 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRF
1
B. Riley Financial
Los Angeles,
California
| $30.8M | -$128K | -13,939 | -0.4% |
|
2
Ameriprise
Minneapolis,
Minnesota
| $2.24M | – | – | – |
|
|
EPM
3
Equitec Proprietary Markets
Chicago,
Illinois
| $1.05M | – | – | – |
|
4
Verition Fund Management
Greenwich,
Connecticut
| $784K | – | – | – |
|
5
Tudor Investment Corp
Stamford,
Connecticut
| $547K | – | – | – |
|
|
ACM
6
Altium Capital Management
New York
| $486K | – | – | – |
|
|
7
Millennium Management
New York
| $252K | +$48.7K | +5,300 | +20% |
|
|
AIC
8
AWM Investment Company
New York
| $218K | -$35.4K | -3,848 | -12% |
|
|
AC
9
Aristides Capital
Louisville,
Kentucky
| $167K | – | – | – |
|
|
10
Morgan Stanley
New York
| $43.9K | +$5.51K | +600 | +12% |
|
|
11
UBS Group
Zurich,
Switzerland
| $21.5K | +$23.9K | +2,597 | +2,597% |
|
12
Citigroup
New York
| $8 | – | – | – |
|
|
13
Fidelity Investments
Boston,
Massachusetts
| – | -$575 | -68 | Closed |
|
DDI Hedge Fund Activity: Q1 2023 in Review
12 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in DoubleDown Interactive (DDI) for Q1 2023, worth a combined $36.6M — down 5.7% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of DDI and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Millennium Management, adding an estimated $48.7K. The largest seller was B. Riley Financial, cutting an estimated $128K.
- 12 institutional investors held DoubleDown Interactive (DDI) as of Q1 2023, down from 13 in Q4 2022.
- Funds reported $36.6M of DoubleDown Interactive stock for Q1 2023, down 5.7% quarter-over-quarter.
- 0 funds opened new DoubleDown Interactive positions in Q1 2023 and 1 closed out, a net change of -1 holder.
- The largest DoubleDown Interactive buyer in Q1 2023 was Millennium Management, an estimated $48.7K added.
- The largest DoubleDown Interactive seller in Q1 2023 was B. Riley Financial, an estimated $128K sold.
Based on aggregated 13F filings for Q1 2023.