Deluxe
292 hedge funds and large institutions have $1.5B invested in Deluxe in 2018 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 82 increasing their positions, 114 reducing their positions, and 67 closing their positions.
3.05% less ownership
Funds ownership: 89.14% → 86.1% (-3%)
6% less funds holding
Funds holding: 312 → 292 (-20)
28% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 114
28% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 67
38% less capital invested
Capital invested by funds: $2.43B → $1.5B (-$932M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
68% less call options, than puts
Call options by funds: $1.54M | Put options by funds: $4.83M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$13.3M |
| 2 |
Two Sigma Investments
New York
|
+$13.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$10.5M |
| 4 |
Millennium Management
New York
|
+$10.4M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$8.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.5M |
| 2 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$26.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$20.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.7M |
DLX Hedge Fund Activity: Q4 2018 in Review
292 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Deluxe (DLX) for Q4 2018, worth a combined $1.5B — down 38% from $2.43B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of DLX and 48 opened new positions — a net loss of 19 holders — while 114 trimmed existing stakes and 82 added.
The largest buyer was Renaissance Technologies, adding an estimated $13.3M. The largest seller was Fidelity Investments, cutting an estimated $56.5M.
- 292 institutional investors held Deluxe (DLX) as of Q4 2018, down from 312 in Q3 2018.
- Funds reported $1.5B of Deluxe stock for Q4 2018, down 38% quarter-over-quarter.
- 48 funds opened new Deluxe positions in Q4 2018 and 67 closed out, a net change of -19 holders.
- The largest Deluxe buyer in Q4 2018 was Renaissance Technologies, an estimated $13.3M added.
- The largest Deluxe seller in Q4 2018 was Fidelity Investments, an estimated $56.5M sold.
Based on aggregated 13F filings for Q4 2018.