Donnelley Financial Solutions
DFIN
166 hedge funds and large institutions have $487M invested in Donnelley Financial Solutions in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 35 closing their positions.
5,000% more call options, than puts
Call options by funds: $255K | Put options by funds: $5K
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
7% more capital invested
Capital invested by funds: $453M → $487M (+$33.1M)
1.1% more ownership
Funds ownership: 94.7% → 95.8% (+1.1%)
9% less funds holding
Funds holding: 182 → 166 (-16)
46% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$4.28M |
| 3 |
SCM
Simcoe Capital Management
New York
|
+$3.52M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$3.15M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.76M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$3.51M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.03M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$2.62M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$2.61M |
DFIN Hedge Fund Activity: Q1 2019 in Review
166 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Donnelley Financial Solutions (DFIN) for Q1 2019, worth a combined $487M — up 7.3% from $453M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of DFIN and 19 opened new positions — a net loss of 16 holders — while 48 trimmed existing stakes and 61 added.
The largest buyer was Fidelity Investments, adding an estimated $20M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $3.76M sold.
- 166 institutional investors held Donnelley Financial Solutions (DFIN) as of Q1 2019, down from 182 in Q4 2018.
- Funds reported $487M of Donnelley Financial Solutions stock for Q1 2019, up 7.3% quarter-over-quarter.
- 19 funds opened new Donnelley Financial Solutions positions in Q1 2019 and 35 closed out, a net change of -16 holders.
- The largest Donnelley Financial Solutions buyer in Q1 2019 was Fidelity Investments, an estimated $20M added.
- The largest Donnelley Financial Solutions seller in Q1 2019 was Hotchkis & Wiley Capital Management, an estimated $3.76M sold.
Based on aggregated 13F filings for Q1 2019.