Digi International
DGII
195 hedge funds and large institutions have $967M invested in Digi International in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 71 increasing their positions, 66 reducing their positions, and 32 closing their positions.
870% more call options, than puts
Call options by funds: $291K | Put options by funds: $30K
3.45% more ownership
Funds ownership: 96.14% → 99.59% (+3.5%)
8% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 66
0% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 32
1% less funds holding
Funds holding: 196 → 195 (-1)
29% less capital invested
Capital invested by funds: $1.36B → $967M (-$391M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$26.8M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$10.6M |
| 3 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$9.65M |
| 4 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$8.77M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$8.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$7.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.7M |
| 3 |
BlackRock
New York
|
-$7.26M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.07M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$4.81M |
DGII Hedge Fund Activity: Q3 2023 in Review
195 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Digi International (DGII) for Q3 2023, worth a combined $967M — down 29% from $1.36B a quarter earlier.
Fund positioning in DGII was balanced in Q3 2023: 32 funds opened new positions, 32 closed out, 71 added to existing stakes and 66 trimmed.
The largest buyer was Conestoga Capital Advisors, adding an estimated $26.8M. The largest seller was Victory Capital Management, cutting an estimated $7.8M.
- 195 institutional investors held Digi International (DGII) as of Q3 2023, down from 196 in Q2 2023.
- Funds reported $967M of Digi International stock for Q3 2023, down 29% quarter-over-quarter.
- 32 funds opened new Digi International positions in Q3 2023 and 32 closed out, a net change of 0 holders.
- The largest Digi International buyer in Q3 2023 was Conestoga Capital Advisors, an estimated $26.8M added.
- The largest Digi International seller in Q3 2023 was Victory Capital Management, an estimated $7.8M sold.
Based on aggregated 13F filings for Q3 2023.