Drive Shack Inc.
DS was delisted on the 30th of December, 2022.
115 hedge funds and large institutions have $160M invested in Drive Shack Inc. in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 25 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
34% more capital invested
Capital invested by funds: $120M → $160M (+$40.3M)
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
6% more funds holding
Funds holding: 108 → 115 (+7)
40% less call options, than puts
Call options by funds: $5.44M | Put options by funds: $9.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$14.8M |
| 2 |
BlackRock
New York
|
+$12.1M |
| 3 |
LM
Lansing Management
New York
|
+$6.31M |
| 4 |
Millennium Management
New York
|
+$3.66M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$3.24M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$2.79M |
| 3 |
MCM
Moore Capital Management
New York
|
-$2.66M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$2.4M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Capstone Investment Advisors
New York
| – | -$61K | -18,915 | Closed |
|
|
JG
127
Jefferies Group
New York
| – | -$53.9K | -16,800 | Closed |
|
128
Balyasny Asset Management
Chicago,
Illinois
| – | -$48K | -14,947 | Closed |
|
|
JF
129
Jump Financial
Chicago,
Illinois
| – | -$42K | -13,228 | Closed |
|
|
SWM
130
Spire Wealth Management
Mclean,
Virginia
| – | -$34K | -11,200 | Closed |
|
|
IAIM
131
International Assets Investment Management
Orlando,
Florida
| – | -$129K | -6,841 | Closed |
|
|
SPIA
132
Steward Partners Investment Advisory
New York
| – | -$12.2K | -3,785 | Closed |
|
|
WP
133
WealthShield Partners
Cary,
North Carolina
| – | -$11K | -3,506 | Closed |
|
|
GGHC
134
Gilder Gagnon Howe & Co
New York
| – | -$4K | -1,250 | Closed |
|
|
GWM
135
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -500 | Closed |
|
|
SFS
136
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -297 | Closed |
|
DS Hedge Fund Activity: Q2 2021 in Review
115 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Drive Shack Inc. (DS) for Q2 2021, worth a combined $160M — up 34% from $120M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new DS positions and 25 closed out — a net gain of 7 holders — while 38 added to existing stakes and 24 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $14.8M. The largest seller was Two Sigma Investments, cutting an estimated $3.24M.
- 115 institutional investors held Drive Shack Inc. (DS) as of Q2 2021, up from 108 in Q1 2021.
- Funds reported $160M of Drive Shack Inc. stock for Q2 2021, up 34% quarter-over-quarter.
- 32 funds opened new Drive Shack Inc. positions in Q2 2021 and 25 closed out, a net change of +7 holders.
- The largest Drive Shack Inc. buyer in Q2 2021 was Schroder Investment Management Group, an estimated $14.8M added.
- The largest Drive Shack Inc. seller in Q2 2021 was Two Sigma Investments, an estimated $3.24M sold.
Based on aggregated 13F filings for Q2 2021.