DigitalOcean
DOCN
226 hedge funds and large institutions have $899M invested in DigitalOcean in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 66 increasing their positions, 76 reducing their positions, and 71 closing their positions.
26% more call options, than puts
Call options by funds: $87.4M | Put options by funds: $69.1M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6.21% less ownership
Funds ownership: 53.3% → 47.08% (-6.2%)
13% less funds holding
Funds holding: 260 → 226 (-34)
13% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 76
45% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 71
53% less capital invested
Capital invested by funds: $1.9B → $899M (-$1B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$28.3M |
| 2 |
SFM
Soros Fund Management
New York
|
+$21.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$17.4M |
| 4 |
Goldman Sachs
New York
|
+$16.4M |
| 5 |
Millennium Management
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$116M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$40.9M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$34.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$28.2M |
| 5 |
Two Sigma Investments
New York
|
-$19.9M |
DOCN Hedge Fund Activity: Q3 2023 in Review
226 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in DigitalOcean (DOCN) for Q3 2023, worth a combined $899M — down 53% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of DOCN and 39 opened new positions — a net loss of 32 holders — while 76 trimmed existing stakes and 66 added.
The largest buyer was Marshall Wace, opening a new position worth an estimated $28.3M. The largest seller was AllianceBernstein, cutting an estimated $116M.
- 226 institutional investors held DigitalOcean (DOCN) as of Q3 2023, down from 260 in Q2 2023.
- Funds reported $899M of DigitalOcean stock for Q3 2023, down 53% quarter-over-quarter.
- 39 funds opened new DigitalOcean positions in Q3 2023 and 71 closed out, a net change of -32 holders.
- The largest DigitalOcean buyer in Q3 2023 was Marshall Wace, an estimated $28.3M added.
- The largest DigitalOcean seller in Q3 2023 was AllianceBernstein, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2023.