Digi International
DGII
133 hedge funds and large institutions have $199M invested in Digi International in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 21 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 40
5% less funds holding
Funds holding: 140 → 133 (-7)
18% less capital invested
Capital invested by funds: $242M → $199M (-$42.9M)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$1.8M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.33M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.13M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.11M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$2.93M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.36M |
| 3 |
Millennium Management
New York
|
-$1.7M |
| 4 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$1.4M |
| 5 |
Morgan Stanley
New York
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$44K | -3,900 | Closed |
|
|
TRCT
152
Tower Research Capital (TRC)
New York
| – | -$6K | -553 | Closed |
|
153
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$6K | -532 | Closed |
|
154
Simplex Trading
Chicago,
Illinois
| – | -$1K | -120 | Closed |
|
DGII Hedge Fund Activity: Q1 2016 in Review
133 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Digi International (DGII) for Q1 2016, worth a combined $199M — down 18% from $242M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of DGII and 14 opened new positions — a net loss of 7 holders — while 40 trimmed existing stakes and 51 added.
The largest buyer was Ariel Investments, opening a new position worth an estimated $1.8M. The largest seller was McKinley Capital Management, exiting entirely with an estimated $2.93M sold.
- 133 institutional investors held Digi International (DGII) as of Q1 2016, down from 140 in Q4 2015.
- Funds reported $199M of Digi International stock for Q1 2016, down 18% quarter-over-quarter.
- 14 funds opened new Digi International positions in Q1 2016 and 21 closed out, a net change of -7 holders.
- The largest Digi International buyer in Q1 2016 was Ariel Investments, an estimated $1.8M added.
- The largest Digi International seller in Q1 2016 was McKinley Capital Management, an estimated $2.93M sold.
Based on aggregated 13F filings for Q1 2016.