Drive Shack Inc.
DS was delisted on the 30th of December, 2022.
81 hedge funds and large institutions have $16.5M invested in Drive Shack Inc. in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 21 closing their positions.
501% more call options, than puts
Call options by funds: $1.74M | Put options by funds: $290K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 95 → 81 (-14)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
64% less capital invested
Capital invested by funds: $46.3M → $16.5M (-$29.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$427K |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$366K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$357K |
| 4 |
First Eagle Investment Management
New York
|
+$266K |
| 5 |
Renaissance Technologies
New York
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Lansing Management
New York
|
-$4.29M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.74M |
| 3 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.15M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$957K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$769K |
DS Hedge Fund Activity: Q3 2022 in Review
81 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Drive Shack Inc. (DS) for Q3 2022, worth a combined $16.5M — down 64% from $46.3M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of DS and 8 opened new positions — a net loss of 13 holders — while 27 trimmed existing stakes and 22 added.
The largest buyer was K2 Principal Fund, opening a new position worth an estimated $427K. The largest seller was Lansing Management, cutting an estimated $4.29M.
- 81 institutional investors held Drive Shack Inc. (DS) as of Q3 2022, down from 95 in Q2 2022.
- Funds reported $16.5M of Drive Shack Inc. stock for Q3 2022, down 64% quarter-over-quarter.
- 8 funds opened new Drive Shack Inc. positions in Q3 2022 and 21 closed out, a net change of -13 holders.
- The largest Drive Shack Inc. buyer in Q3 2022 was K2 Principal Fund, an estimated $427K added.
- The largest Drive Shack Inc. seller in Q3 2022 was Lansing Management, an estimated $4.29M sold.
Based on aggregated 13F filings for Q3 2022.