Drive Shack Inc.
DS was delisted on the 30th of December, 2022.
56 hedge funds and large institutions have $2.74M invested in Drive Shack Inc. in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 34 closing their positions.
519% more call options, than puts
Call options by funds: $365K | Put options by funds: $59K
31% less funds holding
Funds holding: 81 → 56 (-25)
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
62% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 34
83% less capital invested
Capital invested by funds: $16.5M → $2.74M (-$13.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$2.96M |
| 2 |
WCM
Whitefort Capital Management
New York
|
+$2.07M |
| 3 |
DAM
Deltec Asset Management
New York
|
+$364K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$106K |
| 5 |
Jane Street
New York
|
+$80.3K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
HSBC Holdings
London,
United Kingdom
| – | -$14K | -22,435 | Closed |
|
77
Ameriprise
Minneapolis,
Minnesota
| – | -$13K | -21,284 | Closed |
|
78
Verition Fund Management
Greenwich,
Connecticut
| – | -$11K | -18,039 | Closed |
|
79
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$8K | -13,166 | Closed |
|
|
LCS
80
Levin Capital Strategies
New York
| – | -$6K | -10,000 | Closed |
|
|
MVP
81
Miller Value Partners
Sarasota,
Florida
| – | -$6K | -10,000 | Closed |
|
82
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.93K | -4,248 | -77% |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$2K | -3,533 | Closed |
|
84
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -833 | Closed |
|
85
JP Morgan Chase
New York
| – | -$15 | -34 | -15% |
|
|
NA
86
NewEdge Advisors
New Orleans,
Louisiana
| – | +$797 | +1,750 | New |
|
DS Hedge Fund Activity: Q4 2022 in Review
56 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Drive Shack Inc. (DS) for Q4 2022, worth a combined $2.74M — down 83% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of DS and 13 opened new positions — a net loss of 21 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $2.96M. The largest seller was American Assets Capital Advisers, exiting entirely with an estimated $5.68M sold.
- 56 institutional investors held Drive Shack Inc. (DS) as of Q4 2022, down from 81 in Q3 2022.
- Funds reported $2.74M of Drive Shack Inc. stock for Q4 2022, down 83% quarter-over-quarter.
- 13 funds opened new Drive Shack Inc. positions in Q4 2022 and 34 closed out, a net change of -21 holders.
- The largest Drive Shack Inc. buyer in Q4 2022 was Nantahala Capital Management, an estimated $2.96M added.
- The largest Drive Shack Inc. seller in Q4 2022 was American Assets Capital Advisers, an estimated $5.68M sold.
Based on aggregated 13F filings for Q4 2022.