Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f
DGNR.U
DGNR.U was delisted on the 30th of July, 2021.
41 hedge funds and large institutions have $450M invested in Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 48 closing their positions.
36% less capital invested
Capital invested by funds: $707M → $450M (-$257M)
51% less funds holding
Funds holding: 83 → 41 (-42)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
88% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.34M |
| 2 |
VF
Virtu Financial
New York
|
+$777K |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$498K |
| 4 |
KC
Kepos Capital
New York
|
+$256K |
| 5 |
MCM
Mason Capital Management
New York
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$42.9M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$36.8M |
| 3 |
BlackRock
New York
|
-$26.4M |
| 4 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$24.5M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$22.6M |
DGNR.U Hedge Fund Activity: Q4 2020 in Review
41 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f (DGNR.U) for Q4 2020, worth a combined $450M — down 36% from $707M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of DGNR.U and 6 opened new positions — a net loss of 42 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $1.34M. The largest seller was Altimeter Capital Management, exiting entirely with an estimated $42.9M sold.
- 41 institutional investors held Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f (DGNR.U) as of Q4 2020, down from 83 in Q3 2020.
- Funds reported $450M of Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f stock for Q4 2020, down 36% quarter-over-quarter.
- 6 funds opened new Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f positions in Q4 2020 and 48 closed out, a net change of -42 holders.
- The largest Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f buyer in Q4 2020 was Massachusetts Financial Services, an estimated $1.34M added.
- The largest Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f seller in Q4 2020 was Altimeter Capital Management, an estimated $42.9M sold.
Based on aggregated 13F filings for Q4 2020.