DigitalOcean
DOCN
266 hedge funds and large institutions have $1.67B invested in DigitalOcean in 2023 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 77 increasing their positions, 79 reducing their positions, and 26 closing their positions.
154% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 26
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
86% more capital invested
Capital invested by funds: $899M → $1.67B (+$770M)
68% more call options, than puts
Call options by funds: $148M | Put options by funds: $88M
18% more funds holding
Funds holding: 226 → 266 (+40)
5.84% more ownership
Funds ownership: 47.09% → 52.92% (+5.8%)
3% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$65.5M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$19.7M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$10M |
| 4 |
BlackRock
New York
|
+$9.93M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$8.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
-$16.9M |
| 2 |
Millennium Management
New York
|
-$12.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.2M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$11.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$11.3M |
DOCN Hedge Fund Activity: Q4 2023 in Review
266 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in DigitalOcean (DOCN) for Q4 2023, worth a combined $1.67B — up 86% from $899M a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new DOCN positions and 26 closed out — a net gain of 40 holders — while 77 added to existing stakes and 79 trimmed.
The largest buyer was Wolf Hill Capital Management, opening a new position worth an estimated $65.5M. The largest seller was Soros Fund Management, exiting entirely with an estimated $16.9M sold.
- 266 institutional investors held DigitalOcean (DOCN) as of Q4 2023, up from 226 in Q3 2023.
- Funds reported $1.67B of DigitalOcean stock for Q4 2023, up 86% quarter-over-quarter.
- 66 funds opened new DigitalOcean positions in Q4 2023 and 26 closed out, a net change of +40 holders.
- The largest DigitalOcean buyer in Q4 2023 was Wolf Hill Capital Management, an estimated $65.5M added.
- The largest DigitalOcean seller in Q4 2023 was Soros Fund Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2023.