DocuSign
DOCU
849 hedge funds and large institutions have $29.6B invested in DocuSign in 2020 Q3 according to their latest regulatory filings, with 198 funds opening new positions, 292 increasing their positions, 298 reducing their positions, and 82 closing their positions.
141% more first-time investments, than exits
New positions opened: 198 | Existing positions closed: 82
18% more capital invested
Capital invested by funds: $25.1B → $29.6B (+$4.5B)
16% more funds holding
Funds holding: 735 → 849 (+114)
10% more call options, than puts
Call options by funds: $1.96B | Put options by funds: $1.79B
2% less repeat investments, than reductions
Existing positions increased: 292 | Existing positions reduced: 298
3.55% less ownership
Funds ownership: 77.84% → 74.3% (-3.5%)
32% less funds holding in top 10
Funds holding in top 10: 31 → 21 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$858M |
| 2 |
Jennison Associates
New York
|
+$292M |
| 3 |
BlackRock
New York
|
+$268M |
| 4 |
JP Morgan Chase
New York
|
+$260M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$224M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$837M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$542M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$448M |
| 4 |
D.E. Shaw & Co
New York
|
-$274M |
| 5 |
Select Equity Group
New York
|
-$242M |
DOCU Hedge Fund Activity: Q3 2020 in Review
849 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in DocuSign (DOCU) for Q3 2020, worth a combined $29.6B — up 18% from $25.1B a quarter earlier.
Buyers outnumbered sellers: 198 funds opened new DOCU positions and 82 closed out — a net gain of 116 holders — while 292 added to existing stakes and 298 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $858M. The largest seller was T. Rowe Price Associates, cutting an estimated $837M.
- 849 institutional investors held DocuSign (DOCU) as of Q3 2020, up from 735 in Q2 2020.
- Funds reported $29.6B of DocuSign stock for Q3 2020, up 18% quarter-over-quarter.
- 198 funds opened new DocuSign positions in Q3 2020 and 82 closed out, a net change of +116 holders.
- The largest DocuSign buyer in Q3 2020 was Lone Pine Capital, an estimated $858M added.
- The largest DocuSign seller in Q3 2020 was T. Rowe Price Associates, an estimated $837M sold.
Based on aggregated 13F filings for Q3 2020.