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DigitalOcean
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280 hedge funds and large institutions have $2.19B invested in DigitalOcean in 2024 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 95 increasing their positions, 87 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more call options, than puts

Call options by funds: $182M | Put options by funds: $82M

25% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 40

17% more capital invested

Capital invested by funds: $1.87B → $2.19B (+$314M)

3% more funds holding

Funds holding: 271 → 280 (+9)

9% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 87

0.32% less ownership

Funds ownership: 59.15% → 58.83% (-0.32%)

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

Holders
280
Holders Change
+9
Holders Change %
+3.32%
% of All Funds
4.02%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
50
Increased
95
Reduced
87
Closed
40
Calls
$182M
Puts
$82M
Net Calls
+$99.6M
Net Calls Change
+$14.3M

Top Buyers

1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$41.2M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$32.4M
3
BlackRock
BlackRock
New York
+$16.1M
4
OAM
Oberweis Asset Management
Illinois
+$15.1M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$14.2M

Top Sellers

1
IVSFI
IA Venture Strategies Fund II
New York
-$52.8M
2
MIC
Mubadala Investment Company
United Arab Emirates
-$20.7M
3
WHCM
Wolf Hill Capital Management
Connecticut
-$20M
4
UBS Group
UBS Group
Switzerland
-$12.1M
5
UOTTAIMCU
University of Texas/Texas AM Investment Management Co (UTIMCO)
Texas
-$11.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$398M +$16.1M +452,780 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$336M +$14.2M +398,877 +5%
State Street
3
State Street
Massachusetts
$94.5M +$4.88M +136,893 +6%
Lazard Asset Management
4
Lazard Asset Management
New York
$88.2M +$4.41M +123,760 +6%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$83.9M +$32.4M +908,410 +78%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$59.2M +$3.8M +106,636 +8%
First Trust Advisors
7
First Trust Advisors
Illinois
$58.3M -$3.09M -86,605 -6%
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$58.2M +$6.72M +188,357 +15%
Jacobs Levy Equity Management
9
Jacobs Levy Equity Management
New Jersey
$56.4M +$12.3M +345,119 +33%
Invesco
10
Invesco
Georgia
$54.9M +$210K +5,901 +0.4%
Principal Financial Group
11
Principal Financial Group
Iowa
$52.6M +$4.37M +122,651 +10%
VBA
12
Van Berkom & Associates
Quebec, Canada
$51.9M +$449K +12,594 +1%
JP Morgan Chase
13
JP Morgan Chase
New York
$46.8M -$531K -14,891 -1%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$46.6M +$41.2M +1,153,980 New
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$45.9M +$2.03M +56,914 +5%
HRCM
16
Hood River Capital Management
Florida
$41.1M +$6.93M +194,386 +24%
Morgan Stanley
17
Morgan Stanley
New York
$35M -$407K -11,414 -1%
Goldman Sachs
18
Goldman Sachs
New York
$29.3M +$1.37M +38,424 +6%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$26.7M -$3.72M -104,445 -14%
Northern Trust
20
Northern Trust
Illinois
$25.6M +$1.23M +34,463 +6%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$24M -$9.84M -276,065 -32%
Charles Schwab
22
Charles Schwab
California
$22.9M +$2.52M +70,700 +14%
Norges Bank
23
Norges Bank
Norway
$22.2M +$7.71M +216,153 +65%
GT
24
Glenmede Trust
Pennsylvania
$19.5M -$254K -7,120 -1%
Renaissance Technologies
25
Renaissance Technologies
New York
$17.7M +$2.21M +62,100 +17%
1
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DOCN Hedge Fund Activity: Q3 2024 in Review

280 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in DigitalOcean (DOCN) for Q3 2024, worth a combined $2.19B — up 17% from $1.87B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new DOCN positions and 40 closed out — a net gain of 10 holders — while 95 added to existing stakes and 87 trimmed.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $41.2M. The largest seller was IA Venture Strategies Fund II, exiting entirely with an estimated $52.8M sold.

  • 280 institutional investors held DigitalOcean (DOCN) as of Q3 2024, up from 271 in Q2 2024.
  • Funds reported $2.19B of DigitalOcean stock for Q3 2024, up 17% quarter-over-quarter.
  • 50 funds opened new DigitalOcean positions in Q3 2024 and 40 closed out, a net change of +10 holders.
  • The largest DigitalOcean buyer in Q3 2024 was Arrowstreet Capital, an estimated $41.2M added.
  • The largest DigitalOcean seller in Q3 2024 was IA Venture Strategies Fund II, an estimated $52.8M sold.

Based on aggregated 13F filings for Q3 2024.