Direct Digital Holdings
DRCT
24 hedge funds and large institutions have $8.67M invested in Direct Digital Holdings in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
936% more capital invested
Capital invested by funds: $837K → $8.67M (+$7.83M)
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
100% more funds holding
Funds holding: 12 → 24 (+12)
0.04% more ownership
Funds ownership: 0.05% → 0.09% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$519K |
| 2 |
Man Group
London,
United Kingdom
|
+$426K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$201K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$187K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$134K |
| 2 |
WAM
Warberg Asset Management
Winnetka,
Illinois
|
-$76.5K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$16.2K |
DRCT Hedge Fund Activity: Q4 2023 in Review
24 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in Direct Digital Holdings (DRCT) for Q4 2023, worth a combined $8.67M — up 936% from $837K a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DRCT positions and 2 closed out — a net gain of 12 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $519K. The largest seller was Perritt Capital Management, exiting entirely with an estimated $134K sold.
- 24 institutional investors held Direct Digital Holdings (DRCT) as of Q4 2023, up from 12 in Q3 2023.
- Funds reported $8.67M of Direct Digital Holdings stock for Q4 2023, up 936% quarter-over-quarter.
- 14 funds opened new Direct Digital Holdings positions in Q4 2023 and 2 closed out, a net change of +12 holders.
- The largest Direct Digital Holdings buyer in Q4 2023 was Intrinsic Edge Capital Management, an estimated $519K added.
- The largest Direct Digital Holdings seller in Q4 2023 was Perritt Capital Management, an estimated $134K sold.
Based on aggregated 13F filings for Q4 2023.