DIGITAL RIVER INC.
DRIV
DRIV was delisted on the 12th of February, 2015.
145 hedge funds and large institutions have $421M invested in DIGITAL RIVER INC. in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 57 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
8% more funds holding
Funds holding: 134 → 145 (+11)
14% less capital invested
Capital invested by funds: $492M → $421M (-$71.1M)
17% less call options, than puts
Call options by funds: $199K | Put options by funds: $241K
26% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 57
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$5.82M |
| 2 |
Renaissance Technologies
New York
|
+$5.53M |
| 3 |
RA
Royce & Associates
New York
|
+$4.05M |
| 4 |
SFM
Soros Fund Management
New York
|
+$3.18M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.6M |
| 2 |
JP Morgan Chase
New York
|
-$8.26M |
| 3 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
-$6.66M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$6.01M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
151
THB Asset Management
Norwalk,
Connecticut
| – | -$666K | -38,261 | Closed |
|
|
CBOA
152
Commonwealth Bank of Australia
Sydney, NSW,
Australia
| – | -$641K | -36,800 | Closed |
|
|
EMG
153
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$315K | -18,100 | Closed |
|
|
PSC
154
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$261K | -15,000 | Closed |
|
|
TC
155
TFS Capital
West Chester,
Pennsylvania
| – | -$254K | -14,593 | Closed |
|
|
PG
156
PEAK6 Group
Chicago,
Illinois
| – | -$210K | -12,020 | Closed |
|
157
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$5K | -300 | Closed |
|
DRIV Hedge Fund Activity: Q2 2014 in Review
145 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in DIGITAL RIVER INC. (DRIV) for Q2 2014, worth a combined $421M — down 14% from $492M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new DRIV positions and 12 closed out — a net gain of 12 holders — while 42 added to existing stakes and 57 trimmed.
The largest buyer was Norges Bank, adding an estimated $5.82M. The largest seller was Fidelity Investments, exiting entirely with an estimated $17.6M sold.
- 145 institutional investors held DIGITAL RIVER INC. (DRIV) as of Q2 2014, up from 134 in Q1 2014.
- Funds reported $421M of DIGITAL RIVER INC. stock for Q2 2014, down 14% quarter-over-quarter.
- 24 funds opened new DIGITAL RIVER INC. positions in Q2 2014 and 12 closed out, a net change of +12 holders.
- The largest DIGITAL RIVER INC. buyer in Q2 2014 was Norges Bank, an estimated $5.82M added.
- The largest DIGITAL RIVER INC. seller in Q2 2014 was Fidelity Investments, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2014.