Direct Digital Holdings
DRCT
11 hedge funds and large institutions have $1.25M invested in Direct Digital Holdings in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 19 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
0.03% less ownership
Funds ownership: 0.08% → 0.05% (-0.03%)
62% less funds holding
Funds holding: 29 → 11 (-18)
85% less capital invested
Capital invested by funds: $8.05M → $1.25M (-$6.81M)
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMU
Privium Fund Management (UK)
London,
United Kingdom
|
+$117K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$14.7K |
| 3 |
Morgan Stanley
New York
|
+$11.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$7.37K |
| 5 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$3.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$875K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$427K |
| 3 |
Millennium Management
New York
|
-$347K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$293K |
| 5 |
Goldman Sachs
New York
|
-$253K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$99.2K | -30 | Closed |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| – | -$30.5K | -9 | Closed |
|
28
Lazard Asset Management
New York
| – | -$8K | -2 | Closed |
|
|
MIM
29
Macroview Investment Management
Bethesda,
Maryland
| – | -$7.79K | -2 | Closed |
|
|
SHIM
30
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$7.39K | -2 | Closed |
|
31
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$2 | -1 | Closed |
|
DRCT Hedge Fund Activity: Q2 2024 in Review
11 of the 6,929 institutional investors tracked by Wall St. Rank reported a position in Direct Digital Holdings (DRCT) for Q2 2024, worth a combined $1.25M — down 85% from $8.05M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DRCT and 1 opened new positions — a net loss of 18 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Privium Fund Management (UK), opening a new position worth an estimated $117K. The largest seller was Man Group, exiting entirely with an estimated $875K sold.
- 11 institutional investors held Direct Digital Holdings (DRCT) as of Q2 2024, down from 29 in Q1 2024.
- Funds reported $1.25M of Direct Digital Holdings stock for Q2 2024, down 85% quarter-over-quarter.
- 1 fund opened new Direct Digital Holdings positions in Q2 2024 and 19 closed out, a net change of -18 holders.
- The largest Direct Digital Holdings buyer in Q2 2024 was Privium Fund Management (UK), an estimated $117K added.
- The largest Direct Digital Holdings seller in Q2 2024 was Man Group, an estimated $875K sold.
Based on aggregated 13F filings for Q2 2024.