Donnelley Financial Solutions
DFIN
148 hedge funds and large institutions have $168M invested in Donnelley Financial Solutions in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 24 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.12% less ownership
Funds ownership: 96.33% → 93.21% (-3.1%)
6% less funds holding
Funds holding: 157 → 148 (-9)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
51% less capital invested
Capital invested by funds: $346M → $168M (-$177M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.61M |
| 2 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
+$3.79M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$2.18M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.31M |
| 5 |
Goldman Sachs
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.5M |
| 2 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$2.08M |
| 3 |
Millennium Management
New York
|
-$1.7M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.55M |
| 5 |
Morgan Stanley
New York
|
-$1.52M |
DFIN Hedge Fund Activity: Q1 2020 in Review
148 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Donnelley Financial Solutions (DFIN) for Q1 2020, worth a combined $168M — down 51% from $346M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of DFIN and 17 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 50 added.
The largest buyer was Vanguard Group, adding an estimated $6.61M. The largest seller was Fidelity Investments, exiting entirely with an estimated $23.5M sold.
- 148 institutional investors held Donnelley Financial Solutions (DFIN) as of Q1 2020, down from 157 in Q4 2019.
- Funds reported $168M of Donnelley Financial Solutions stock for Q1 2020, down 51% quarter-over-quarter.
- 17 funds opened new Donnelley Financial Solutions positions in Q1 2020 and 24 closed out, a net change of -7 holders.
- The largest Donnelley Financial Solutions buyer in Q1 2020 was Vanguard Group, an estimated $6.61M added.
- The largest Donnelley Financial Solutions seller in Q1 2020 was Fidelity Investments, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2020.