Direct Digital Holdings
DRCT
11 hedge funds and large institutions have $880K invested in Direct Digital Holdings in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0.01% less ownership
Funds ownership: 0.06% → 0.05% (-0.01%)
15% less funds holding
Funds holding: 13 → 11 (-2)
37% less capital invested
Capital invested by funds: $1.39M → $880K (-$512K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.81K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$245K |
| 2 |
Renaissance Technologies
New York
|
-$118K |
| 3 |
Two Sigma Investments
New York
|
-$13.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.4K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.62K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Vanguard Group
Malvern,
Pennsylvania
| $351K | – | – | – |
|
|
2
Renaissance Technologies
New York
| $207K | -$118K | -171 | -34% |
|
|
PCM
3
Perritt Capital Management
Chicago,
Illinois
| $114K | – | – | – |
|
4
Geode Capital Management
Boston,
Massachusetts
| $75.6K | – | – | – |
|
5
State Street
Boston,
Massachusetts
| $46.4K | – | – | – |
|
|
6
Two Sigma Investments
New York
| $36.6K | -$13.7K | -20 | -26% |
|
7
BlackRock
New York
| $17.9K | -$687 | -1 | -3% |
|
8
Morgan Stanley
New York
| $17K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $8.69K | +$4.81K | +7 | +100% |
|
|
SPIA
10
Steward Partners Investment Advisory
New York
| $4.84K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $1.21K | -$12.4K | -18 | -90% |
|
12
Wells Fargo
San Francisco,
California
| $60 | – | – | – |
|
|
EI
13
EAM Investors
Solana Beach,
California
| – | -$245K | -344 | Closed |
|
|
14
Fidelity Investments
Boston,
Massachusetts
| – | -$1.62K | -2 | Closed |
|
DRCT Hedge Fund Activity: Q2 2023 in Review
11 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Direct Digital Holdings (DRCT) for Q2 2023, worth a combined $880K — down 37% from $1.39M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DRCT and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $4.81K. The largest seller was EAM Investors, exiting entirely with an estimated $245K sold.
- 11 institutional investors held Direct Digital Holdings (DRCT) as of Q2 2023, down from 13 in Q1 2023.
- Funds reported $880K of Direct Digital Holdings stock for Q2 2023, down 37% quarter-over-quarter.
- 0 funds opened new Direct Digital Holdings positions in Q2 2023 and 2 closed out, a net change of -2 holders.
- The largest Direct Digital Holdings buyer in Q2 2023 was Tower Research Capital (TRC), an estimated $4.81K added.
- The largest Direct Digital Holdings seller in Q2 2023 was EAM Investors, an estimated $245K sold.
Based on aggregated 13F filings for Q2 2023.