Drive Shack Inc.
DS was delisted on the 30th of December, 2022.
92 hedge funds and large institutions have $149M invested in Drive Shack Inc. in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 29 reducing their positions, and 16 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
6% less funds holding
Funds holding: 98 → 92 (-6)
34% less capital invested
Capital invested by funds: $225M → $149M (-$75.7M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $189K
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$793K |
| 3 |
Renaissance Technologies
New York
|
+$540K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$436K |
| 5 |
BlackRock
New York
|
+$433K |
Top Sellers
| 1 |
TCM
Trafelet Capital Management
New York
|
-$6.28M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.04M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.01M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$559K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$515K |
DS Hedge Fund Activity: Q4 2018 in Review
92 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Drive Shack Inc. (DS) for Q4 2018, worth a combined $149M — down 34% from $225M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DS and 10 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 28 added.
The largest buyer was Fidelity Investments, adding an estimated $11.3M. The largest seller was Trafelet Capital Management, cutting an estimated $6.28M.
- 92 institutional investors held Drive Shack Inc. (DS) as of Q4 2018, down from 98 in Q3 2018.
- Funds reported $149M of Drive Shack Inc. stock for Q4 2018, down 34% quarter-over-quarter.
- 10 funds opened new Drive Shack Inc. positions in Q4 2018 and 16 closed out, a net change of -6 holders.
- The largest Drive Shack Inc. buyer in Q4 2018 was Fidelity Investments, an estimated $11.3M added.
- The largest Drive Shack Inc. seller in Q4 2018 was Trafelet Capital Management, an estimated $6.28M sold.
Based on aggregated 13F filings for Q4 2018.