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 18 funds opening new positions, 84 increasing their positions, 74 reducing their positions, and 29 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 74
8.77% more ownership
Funds ownership: 84.49% → 93.26% (+8.8%)
2% more capital invested
Capital invested by funds: $1.1B → $1.12B (+$25.4M)
0% less call options, than puts
Call options by funds: $724K | Put options by funds: $727K
6% less funds holding
Funds holding: 221 → 208 (-13)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
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 |
DGII Hedge Fund Activity: Q1 2023 in Review
208 of the 6,283 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: 29 funds closed out of DGII and 18 opened new positions — a net loss of 11 holders — while 74 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 221 in Q4 2022.
- Funds reported $1.12B of Digi International stock for Q1 2023, up 2.3% quarter-over-quarter.
- 18 funds opened new Digi International positions in Q1 2023 and 29 closed out, a net change of -11 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.