Digi International
DGII
195 hedge funds and large institutions have $1.36B invested in Digi International in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 89 reducing their positions, and 34 closing their positions.
988% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $106K
21% more capital invested
Capital invested by funds: $1.12B → $1.36B (+$236M)
2.88% more ownership
Funds ownership: 93.26% → 96.14% (+2.9%)
6% less funds holding
Funds holding: 208 → 195 (-13)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 89
38% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$41.2M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$20.7M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$15.5M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
+$14.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$10.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$8.43M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$6.03M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.35M |
DGII Hedge Fund Activity: Q2 2023 in Review
195 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Digi International (DGII) for Q2 2023, worth a combined $1.36B — up 21% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of DGII and 21 opened new positions — a net loss of 13 holders — while 89 trimmed existing stakes and 57 added.
The largest buyer was Conestoga Capital Advisors, adding an estimated $41.2M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $10.8M sold.
- 195 institutional investors held Digi International (DGII) as of Q2 2023, down from 208 in Q1 2023.
- Funds reported $1.36B of Digi International stock for Q2 2023, up 21% quarter-over-quarter.
- 21 funds opened new Digi International positions in Q2 2023 and 34 closed out, a net change of -13 holders.
- The largest Digi International buyer in Q2 2023 was Conestoga Capital Advisors, an estimated $41.2M added.
- The largest Digi International seller in Q2 2023 was Intrinsic Edge Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2023.