Drive Shack Inc.
DS was delisted on the 30th of December, 2022.
98 hedge funds and large institutions have $225M invested in Drive Shack Inc. in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 107 → 98 (-9)
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
23% less capital invested
Capital invested by funds: $293M → $225M (-$67.4M)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
68% less call options, than puts
Call options by funds: $207K | Put options by funds: $651K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Trafelet Capital Management
New York
|
+$2.21M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.61M |
| 3 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
+$1.51M |
| 4 |
BlackRock
New York
|
+$1.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.37M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$1.6M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.44M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.29M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.21M |
DS Hedge Fund Activity: Q3 2018 in Review
98 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Drive Shack Inc. (DS) for Q3 2018, worth a combined $225M — down 23% from $293M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of DS and 9 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 28 added.
The largest buyer was Trafelet Capital Management, adding an estimated $2.21M. The largest seller was JP Morgan Chase, cutting an estimated $2.37M.
- 98 institutional investors held Drive Shack Inc. (DS) as of Q3 2018, down from 107 in Q2 2018.
- Funds reported $225M of Drive Shack Inc. stock for Q3 2018, down 23% quarter-over-quarter.
- 9 funds opened new Drive Shack Inc. positions in Q3 2018 and 17 closed out, a net change of -8 holders.
- The largest Drive Shack Inc. buyer in Q3 2018 was Trafelet Capital Management, an estimated $2.21M added.
- The largest Drive Shack Inc. seller in Q3 2018 was JP Morgan Chase, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2018.