Donnelley Financial Solutions
DFIN
161 hedge funds and large institutions have $561M invested in Donnelley Financial Solutions in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 50 reducing their positions, and 28 closing their positions.
7% more capital invested
Capital invested by funds: $525M → $561M (+$36.4M)
3.07% more ownership
Funds ownership: 89.08% → 92.15% (+3.1%)
8% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 50
7% less funds holding
Funds holding: 174 → 161 (-13)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
93% less call options, than puts
Call options by funds: $113K | Put options by funds: $1.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$17.2M |
| 2 |
SCM
Simcoe Capital Management
New York
|
+$13.7M |
| 3 |
JP Morgan Chase
New York
|
+$7.72M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$6.01M |
| 5 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$5.42M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$5.27M |
| 3 |
Millennium Management
New York
|
-$4.01M |
| 4 |
SCA
Secor Capital Advisors
New York
|
-$3.35M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.15M |
DFIN Hedge Fund Activity: Q3 2018 in Review
161 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Donnelley Financial Solutions (DFIN) for Q3 2018, worth a combined $561M — up 6.9% from $525M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of DFIN and 16 opened new positions — a net loss of 12 holders — while 50 trimmed existing stakes and 54 added.
The largest buyer was Wedge Capital Management, opening a new position worth an estimated $17.2M. The largest seller was LSV Asset Management, cutting an estimated $5.42M.
- 161 institutional investors held Donnelley Financial Solutions (DFIN) as of Q3 2018, down from 174 in Q2 2018.
- Funds reported $561M of Donnelley Financial Solutions stock for Q3 2018, up 6.9% quarter-over-quarter.
- 16 funds opened new Donnelley Financial Solutions positions in Q3 2018 and 28 closed out, a net change of -12 holders.
- The largest Donnelley Financial Solutions buyer in Q3 2018 was Wedge Capital Management, an estimated $17.2M added.
- The largest Donnelley Financial Solutions seller in Q3 2018 was LSV Asset Management, an estimated $5.42M sold.
Based on aggregated 13F filings for Q3 2018.