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Direct Digital Holdings
DRCT

29 hedge funds and large institutions have $8.05M invested in Direct Digital Holdings in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

21% more funds holding

Funds holding: 24 → 29 (+5)

0.01% less ownership

Funds ownership: 0.09% → 0.08% (-0.01%)

7% less capital invested

Capital invested by funds: $8.67M → $8.05M (-$616K)

56% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 9

Holders
29
Holders Change
+5
Holders Change %
+20.83%
% of All Funds
0.42%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
4
Reduced
9
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
+$795K
2
Millennium Management
Millennium Management
New York
+$396K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$334K
4
Goldman Sachs
Goldman Sachs
New York
+$292K
5
BlackRock
BlackRock
New York
+$246K

Top Sellers

Rank Fund Capital Flow
1
IECM
Intrinsic Edge Capital Management
Illinois
-$1.16M
2
Renaissance Technologies
Renaissance Technologies
New York
-$633K
3
CA
Cetera Advisors
Colorado
-$447K
4
RJA
Raymond James & Associates
Florida
-$404K
5
JP Morgan Chase
JP Morgan Chase
New York
-$200K
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.1M +$26.9K +7 +1%
Man Group
2
Man Group
United Kingdom
$875K -$111K -29 -10%
Ameriprise
3
Ameriprise
Minnesota
$694K +$795K +207 New
Geode Capital Management
4
Geode Capital Management
Massachusetts
$504K -$42.3K -11 -7%
LCM
5
Laurion Capital Management
New York
$427K – – –
Millennium Management
6
Millennium Management
New York
$347K +$396K +103 New
BlackRock
7
BlackRock
New York
$308K +$246K +64 +229%
CAM
8
Cresset Asset Management
Illinois
$293K -$11.5K -3 -3%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$293K +$334K +87 New
Goldman Sachs
10
Goldman Sachs
New York
$253K +$292K +76 New
DA
11
Denali Advisors
California
$235K -$154K -40 -36%
JP Morgan Chase
12
JP Morgan Chase
New York
$202K -$200K -52 -46%
Morgan Stanley
13
Morgan Stanley
New York
$196K -$69.2K -18 -24%
Qube Research & Technologies (QRT)
14
Qube Research & Technologies (QRT)
United Kingdom
$187K +$208K +54 +2,700%
HF
15
HRT Financial
New York
$180K +$208K +54 New
Jane Street
16
Jane Street
New York
$178K +$204K +53 New
IAA
17
Independent Advisor Alliance
North Carolina
$167K +$192K +50 New
State Street
18
State Street
Massachusetts
$153K -$108K -28 -38%
UBS Group
19
UBS Group
Switzerland
$130K +$57.6K +15 +63%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$121K +$138K +36 New
Citigroup
21
Citigroup
New York
$99.2K -$57.6K -15 -33%
GWM
22
Geneos Wealth Management
Colorado
$30.5K – – –
SPIA
23
Steward Partners Investment Advisory
New York
$25.9K – – –
TRCT
24
Tower Research Capital (TRC)
New York
$23.5K -$15.4K -4 -36%
Lazard Asset Management
25
Lazard Asset Management
New York
$8K – – –
1
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DRCT Hedge Fund Activity: Q1 2024 in Review

29 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direct Digital Holdings (DRCT) for Q1 2024, worth a combined $8.05M — down 7.1% from $8.67M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new DRCT positions and 5 closed out — a net gain of 5 holders — while 4 added to existing stakes and 9 trimmed.

The largest buyer was Ameriprise, opening a new position worth an estimated $795K. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $1.16M sold.

  • 29 institutional investors held Direct Digital Holdings (DRCT) as of Q1 2024, up from 24 in Q4 2023.
  • Funds reported $8.05M of Direct Digital Holdings stock for Q1 2024, down 7.1% quarter-over-quarter.
  • 10 funds opened new Direct Digital Holdings positions in Q1 2024 and 5 closed out, a net change of +5 holders.
  • The largest Direct Digital Holdings buyer in Q1 2024 was Ameriprise, an estimated $795K added.
  • The largest Direct Digital Holdings seller in Q1 2024 was Intrinsic Edge Capital Management, an estimated $1.16M sold.

Based on aggregated 13F filings for Q1 2024.