Dynex Capital
110 hedge funds and large institutions have $233M invested in Dynex Capital in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 32 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
28% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 32
0.73% more ownership
Funds ownership: 15.34% → 16.07% (+0.73%)
6% less funds holding
Funds holding: 117 → 110 (-7)
9% less capital invested
Capital invested by funds: $258M → $233M (-$24.4M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
29% less call options, than puts
Call options by funds: $260K | Put options by funds: $365K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.67M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.32M |
| 3 |
SCM
Silver Capital Management
New York
|
+$1.32M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$988K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$2.35M |
| 2 |
Bank of New York Mellon
New York
|
-$1.6M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.58M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.56M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.23M |
DX Hedge Fund Activity: Q3 2013 in Review
110 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Dynex Capital (DX) for Q3 2013, worth a combined $233M — down 9.5% from $258M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DX and 10 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 41 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $3.67M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $2.35M sold.
- 110 institutional investors held Dynex Capital (DX) as of Q3 2013, down from 117 in Q2 2013.
- Funds reported $233M of Dynex Capital stock for Q3 2013, down 9.5% quarter-over-quarter.
- 10 funds opened new Dynex Capital positions in Q3 2013 and 14 closed out, a net change of -4 holders.
- The largest Dynex Capital buyer in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $3.67M added.
- The largest Dynex Capital seller in Q3 2013 was Renaissance Technologies, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2013.