DoubleVerify
281 hedge funds and large institutions have $6.25B invested in DoubleVerify in 2023 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 150 increasing their positions, 47 reducing their positions, and 40 closing their positions.
219% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 47
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
65% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 40
37% more capital invested
Capital invested by funds: $4.57B → $6.25B (+$1.68B)
9% more funds holding
Funds holding: 258 → 281 (+23)
2.27% more ownership
Funds ownership: 97.68% → 99.95% (+2.3%)
24% less call options, than puts
Call options by funds: $60.3M | Put options by funds: $79.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.9M |
| 2 |
BlackRock
New York
|
+$40.7M |
| 3 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$39.1M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$36.9M |
| 5 |
Millennium Management
New York
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEP
Providence Equity Partners
Providence,
Rhode Island
|
-$448M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$21.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.5M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$11.6M |
DV Hedge Fund Activity: Q4 2023 in Review
281 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in DoubleVerify (DV) for Q4 2023, worth a combined $6.25B — up 37% from $4.57B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new DV positions and 40 closed out — a net gain of 26 holders — while 150 added to existing stakes and 47 trimmed.
The largest buyer was Vanguard Group, adding an estimated $62.9M. The largest seller was Providence Equity Partners, cutting an estimated $448M.
- 281 institutional investors held DoubleVerify (DV) as of Q4 2023, up from 258 in Q3 2023.
- Funds reported $6.25B of DoubleVerify stock for Q4 2023, up 37% quarter-over-quarter.
- 66 funds opened new DoubleVerify positions in Q4 2023 and 40 closed out, a net change of +26 holders.
- The largest DoubleVerify buyer in Q4 2023 was Vanguard Group, an estimated $62.9M added.
- The largest DoubleVerify seller in Q4 2023 was Providence Equity Partners, an estimated $448M sold.
Based on aggregated 13F filings for Q4 2023.