DigitalOcean
DOCN
260 hedge funds and large institutions have $1.9B invested in DigitalOcean in 2023 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 72 increasing their positions, 94 reducing their positions, and 38 closing their positions.
222% more call options, than puts
Call options by funds: $130M | Put options by funds: $40.4M
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
1.4% more ownership
Funds ownership: 51.89% → 53.3% (+1.4%)
1% more funds holding
Funds holding: 258 → 260 (+2)
4% less capital invested
Capital invested by funds: $1.98B → $1.9B (-$77.5M)
23% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 94
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$54.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$35M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$32.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.6M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVSFI
IA Venture Strategies Fund II
New York
|
-$109M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$33.3M |
| 3 |
Bank of New York Mellon
New York
|
-$32.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$21.9M |
| 5 |
BlackRock
New York
|
-$13.5M |
DOCN Hedge Fund Activity: Q2 2023 in Review
260 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in DigitalOcean (DOCN) for Q2 2023, worth a combined $1.9B — down 3.9% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new DOCN positions and 38 closed out — a net gain of 5 holders — while 72 added to existing stakes and 94 trimmed.
The largest buyer was Invesco, adding an estimated $54.2M. The largest seller was IA Venture Strategies Fund II, cutting an estimated $109M.
- 260 institutional investors held DigitalOcean (DOCN) as of Q2 2023, up from 258 in Q1 2023.
- Funds reported $1.9B of DigitalOcean stock for Q2 2023, down 3.9% quarter-over-quarter.
- 43 funds opened new DigitalOcean positions in Q2 2023 and 38 closed out, a net change of +5 holders.
- The largest DigitalOcean buyer in Q2 2023 was Invesco, an estimated $54.2M added.
- The largest DigitalOcean seller in Q2 2023 was IA Venture Strategies Fund II, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2023.