DORAL FINANCIAL CORPORATION (NEW)
DRL
DRL was delisted on the 27th of February, 2015.
50 hedge funds and large institutions have $56.7M invested in DORAL FINANCIAL CORPORATION (NEW) in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 15 closing their positions.
25% more capital invested
Capital invested by funds: $45.4M → $56.7M (+$11.3M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
14% less funds holding
Funds holding: 58 → 50 (-8)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$7.12M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.32M |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
+$1.85M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.01M |
| 5 |
Renaissance Technologies
New York
|
+$749K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$3.32M |
| 2 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$1.98M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$1.88M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$387K |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
RhumbLine Advisers
Boston,
Massachusetts
| – | -$148K | -8,941 | Closed |
|
52
Los Angeles Capital Management
Los Angeles,
California
| – | -$101K | -6,097 | Closed |
|
53
ProShare Advisors
Bethesda,
Maryland
| – | -$69K | -4,145 | Closed |
|
54
Morgan Stanley
New York
| – | -$67K | -4,044 | Closed |
|
55
BNP Paribas Financial Markets
Paris,
France
| – | -$44.9K | -2,702 | Closed |
|
56
JP Morgan Chase
New York
| – | -$35K | -2,123 | Closed |
|
|
GC
57
Guggenheim Capital
Chicago,
Illinois
| – | -$31K | -1,841 | Closed |
|
58
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$30K | -1,807 | Closed |
|
59
Millennium Management
New York
| – | -$12K | -725 | Closed |
|
60
Comerica Bank
Dallas,
Texas
| – | -$10K | -633 | Closed |
|
|
PA
61
Profund Advisors
Bethesda,
Maryland
| – | -$9K | -566 | Closed |
|
|
SB
62
Suntrust Banks
Atlanta,
Georgia
| – | -$9K | -558 | Closed |
|
63
Nomura Holdings
Tokyo,
Japan
| – | -$88K | -265 | Closed |
|
DRL Hedge Fund Activity: Q3 2013 in Review
50 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in DORAL FINANCIAL CORPORATION (NEW) (DRL) for Q3 2013, worth a combined $56.7M — up 25% from $45.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DRL and 7 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $7.12M. The largest seller was Anchorage Capital Group, cutting an estimated $3.32M.
- 50 institutional investors held DORAL FINANCIAL CORPORATION (NEW) (DRL) as of Q3 2013, down from 58 in Q2 2013.
- Funds reported $56.7M of DORAL FINANCIAL CORPORATION (NEW) stock for Q3 2013, up 25% quarter-over-quarter.
- 7 funds opened new DORAL FINANCIAL CORPORATION (NEW) positions in Q3 2013 and 15 closed out, a net change of -8 holders.
- The largest DORAL FINANCIAL CORPORATION (NEW) buyer in Q3 2013 was Raging Capital Management, an estimated $7.12M added.
- The largest DORAL FINANCIAL CORPORATION (NEW) seller in Q3 2013 was Anchorage Capital Group, an estimated $3.32M sold.
Based on aggregated 13F filings for Q3 2013.