DigitalOcean
DOCN
258 hedge funds and large institutions have $1.98B invested in DigitalOcean in 2023 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 73 increasing their positions, 80 reducing their positions, and 38 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
57% more call options, than puts
Call options by funds: $101M | Put options by funds: $64.7M
55% more capital invested
Capital invested by funds: $1.28B → $1.98B (+$699M)
32% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 38
4% more funds holding
Funds holding: 249 → 258 (+9)
0.23% less ownership
Funds ownership: 52.12% → 51.89% (-0.23%)
9% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.4M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$13.6M |
| 3 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
+$9.03M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$8.69M |
| 5 |
BCH
Berkshire Capital Holdings
San Jose,
California
|
+$7.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$22.9M |
| 2 |
Bank of New York Mellon
New York
|
-$9.32M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.3M |
| 4 |
Squarepoint
New York
|
-$8.07M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$7.18M |
DOCN Hedge Fund Activity: Q1 2023 in Review
258 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in DigitalOcean (DOCN) for Q1 2023, worth a combined $1.98B — up 55% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new DOCN positions and 38 closed out — a net gain of 12 holders — while 73 added to existing stakes and 80 trimmed.
The largest buyer was Bank of America, adding an estimated $14.4M. The largest seller was First Trust Advisors, cutting an estimated $22.9M.
- 258 institutional investors held DigitalOcean (DOCN) as of Q1 2023, up from 249 in Q4 2022.
- Funds reported $1.98B of DigitalOcean stock for Q1 2023, up 55% quarter-over-quarter.
- 50 funds opened new DigitalOcean positions in Q1 2023 and 38 closed out, a net change of +12 holders.
- The largest DigitalOcean buyer in Q1 2023 was Bank of America, an estimated $14.4M added.
- The largest DigitalOcean seller in Q1 2023 was First Trust Advisors, an estimated $22.9M sold.
Based on aggregated 13F filings for Q1 2023.