Dun & Bradstreet
DNB was delisted on the 25th of August, 2025.
217 hedge funds and large institutions have $3.98B invested in Dun & Bradstreet in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 85 increasing their positions, 55 reducing their positions, and 20 closing their positions.
240% more call options, than puts
Call options by funds: $146K | Put options by funds: $43K
140% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 20
55% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 55
14% more funds holding
Funds holding: 190 → 217 (+27)
2.94% more ownership
Funds ownership: 87.64% → 90.58% (+2.9%)
11% less capital invested
Capital invested by funds: $4.45B → $3.98B (-$474M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$88.5M |
| 2 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$38.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$23.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
THLTP
Thomas H. Lee (THL) Partners
Boston,
Massachusetts
|
-$151M |
| 2 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
-$38.7M |
| 3 |
Goldman Sachs
New York
|
-$28.8M |
| 4 |
Millennium Management
New York
|
-$22.3M |
| 5 |
Morgan Stanley
New York
|
-$4.15M |
DNB Hedge Fund Activity: Q3 2023 in Review
217 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Dun & Bradstreet (DNB) for Q3 2023, worth a combined $3.98B — down 11% from $4.45B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new DNB positions and 20 closed out — a net gain of 28 holders — while 85 added to existing stakes and 55 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $88.5M. The largest seller was Thomas H. Lee (THL) Partners, cutting an estimated $151M.
- 217 institutional investors held Dun & Bradstreet (DNB) as of Q3 2023, up from 190 in Q2 2023.
- Funds reported $3.98B of Dun & Bradstreet stock for Q3 2023, down 11% quarter-over-quarter.
- 48 funds opened new Dun & Bradstreet positions in Q3 2023 and 20 closed out, a net change of +28 holders.
- The largest Dun & Bradstreet buyer in Q3 2023 was Massachusetts Financial Services, an estimated $88.5M added.
- The largest Dun & Bradstreet seller in Q3 2023 was Thomas H. Lee (THL) Partners, an estimated $151M sold.
Based on aggregated 13F filings for Q3 2023.