Digi International
DGII
99 hedge funds and large institutions have $220M invested in Digi International in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 12 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
8% less funds holding
Funds holding: 108 → 99 (-9)
17% less capital invested
Capital invested by funds: $265M → $220M (-$44.3M)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.49M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.99M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$670K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$610K |
| 5 |
ClearBridge Investments
New York
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.07M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$878K |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$700K |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$640K |
| 5 |
PCM
Potomac Capital Management
New York
|
-$639K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Potomac Capital Management
New York
| – | -$639K | -52,718 | Closed |
|
102
JP Morgan Chase
New York
| – | -$519K | -42,875 | Closed |
|
|
LM
103
Luminus Management
Houston,
Texas
| – | -$274K | -22,597 | Closed |
|
|
NCCM
104
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$242K | -20,000 | Closed |
|
|
PA
105
Profund Advisors
Bethesda,
Maryland
| – | -$187K | -15,459 | Closed |
|
106
Nomura Holdings
Tokyo,
Japan
| – | -$185K | -15,206 | Closed |
|
|
AG
107
Algert Global
San Francisco,
California
| – | -$152K | -12,513 | Closed |
|
|
MC
108
Menta Capital
San Francisco,
California
| – | -$142K | -11,740 | Closed |
|
|
DS
109
DRW Securities
Chicago,
Illinois
| – | -$140K | -11,577 | Closed |
|
|
SIM
110
Spark Investment Management
New York
| – | -$123K | -10,200 | Closed |
|
|
HNB
111
Huntington National Bank
Columbus,
Ohio
| – | -$46K | -3,813 | Closed |
|
DGII Hedge Fund Activity: Q1 2014 in Review
99 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Digi International (DGII) for Q1 2014, worth a combined $220M — down 17% from $265M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DGII and 4 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 36 added.
The largest buyer was Ameriprise, adding an estimated $2.49M. The largest seller was TFS Capital, cutting an estimated $1.07M.
- 99 institutional investors held Digi International (DGII) as of Q1 2014, down from 108 in Q4 2013.
- Funds reported $220M of Digi International stock for Q1 2014, down 17% quarter-over-quarter.
- 4 funds opened new Digi International positions in Q1 2014 and 12 closed out, a net change of -8 holders.
- The largest Digi International buyer in Q1 2014 was Ameriprise, an estimated $2.49M added.
- The largest Digi International seller in Q1 2014 was TFS Capital, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2014.