Deluxe
204 hedge funds and large institutions have $876M invested in Deluxe in 2020 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 64 increasing their positions, 83 reducing their positions, and 37 closing their positions.
44% more call options, than puts
Call options by funds: $3.55M | Put options by funds: $2.48M
1.07% less ownership
Funds ownership: 90.16% → 89.09% (-1.1%)
5% less funds holding
Funds holding: 215 → 204 (-11)
11% less capital invested
Capital invested by funds: $983M → $876M (-$107M)
23% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 83
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$22M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$9.42M |
| 3 |
RA
Royce & Associates
New York
|
+$9.27M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.3M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$6.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$16.8M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$15.7M |
| 3 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$11.3M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$7.06M |
| 5 |
BlackRock
New York
|
-$6.17M |
DLX Hedge Fund Activity: Q2 2020 in Review
204 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Deluxe (DLX) for Q2 2020, worth a combined $876M — down 11% from $983M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of DLX and 28 opened new positions — a net loss of 9 holders — while 83 trimmed existing stakes and 64 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $22M. The largest seller was Brown Advisory, exiting entirely with an estimated $16.8M sold.
- 204 institutional investors held Deluxe (DLX) as of Q2 2020, down from 215 in Q1 2020.
- Funds reported $876M of Deluxe stock for Q2 2020, down 11% quarter-over-quarter.
- 28 funds opened new Deluxe positions in Q2 2020 and 37 closed out, a net change of -9 holders.
- The largest Deluxe buyer in Q2 2020 was State of Michigan Retirement System, an estimated $22M added.
- The largest Deluxe seller in Q2 2020 was Brown Advisory, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2020.