Digi International
DGII
208 hedge funds and large institutions have $1.12B invested in Digi International in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 84 increasing their positions, 75 reducing their positions, and 30 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 75
1.53% more ownership
Funds ownership: 91.72% → 93.26% (+1.5%)
2% more capital invested
Capital invested by funds: $1.1B → $1.12B (+$25.3M)
0% less call options, than puts
Call options by funds: $724K | Put options by funds: $727K
7% less funds holding
Funds holding: 223 → 208 (-15)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$36.1M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$11.2M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$10.9M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$4.79M |
| 5 |
Millennium Management
New York
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.5M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$6.52M |
| 3 |
LCG
Lisanti Capital Growth
New York
|
-$5.07M |
| 4 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$5.02M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$4.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
226
Aquatic Capital Management
Chicago,
Illinois
| – | -$216K | -5,900 | Closed |
|
227
ProShare Advisors
Bethesda,
Maryland
| – | -$205K | -5,601 | Closed |
|
|
AS
228
Altshuler Shaham
Tel Aviv,
Israel
| – | -$31.9K | -872 | Closed |
|
|
MCC
229
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$20.1K | -550 | Closed |
|
|
SWA
230
Sutton Wealth Advisors
Tampa,
Florida
| – | -$17.9K | -489 | Closed |
|
231
Rockefeller Capital Management
New York
| – | -$14K | -390 | Closed |
|
|
IA
232
IFP Advisors
Tampa,
Florida
| – | -$4K | -348 | Closed |
|
|
TC
233
Truvestments Capital
Sarasota,
Florida
| – | -$3.18K | -87 | Closed |
|
|
S
234
SignatureFD
Atlanta,
Georgia
| – | -$1.68K | -46 | Closed |
|
|
HIIFS
235
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$2K | -42 | Closed |
|
|
AWM
236
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$1.34K | -37 | Closed |
|
|
FGAM
237
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$592 | -37 | Closed |
|
|
SWM
238
Spire Wealth Management
Mclean,
Virginia
| – | -$1K | -20 | Closed |
|
DGII Hedge Fund Activity: Q1 2023 in Review
208 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Digi International (DGII) for Q1 2023, worth a combined $1.12B — up 2.3% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of DGII and 17 opened new positions — a net loss of 13 holders — while 75 trimmed existing stakes and 84 added.
The largest buyer was Conestoga Capital Advisors, adding an estimated $36.1M. The largest seller was Fidelity Investments, cutting an estimated $11.5M.
- 208 institutional investors held Digi International (DGII) as of Q1 2023, down from 223 in Q4 2022.
- Funds reported $1.12B of Digi International stock for Q1 2023, up 2.3% quarter-over-quarter.
- 17 funds opened new Digi International positions in Q1 2023 and 30 closed out, a net change of -13 holders.
- The largest Digi International buyer in Q1 2023 was Conestoga Capital Advisors, an estimated $36.1M added.
- The largest Digi International seller in Q1 2023 was Fidelity Investments, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2023.