Dynex Capital
118 hedge funds and large institutions have $230M invested in Dynex Capital in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 28 reducing their positions, and 14 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 28
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
16% more capital invested
Capital invested by funds: $197M → $230M (+$32.5M)
4% more funds holding
Funds holding: 113 → 118 (+5)
0.59% more ownership
Funds ownership: 15% → 15.59% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less call options, than puts
Call options by funds: $166K | Put options by funds: $167K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.06M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.87M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.89M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.82M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.94M |
| 2 |
Morgan Stanley
New York
|
-$1.83M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.54M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.06M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$683K |
DX Hedge Fund Activity: Q1 2014 in Review
118 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Dynex Capital (DX) for Q1 2014, worth a combined $230M — up 16% from $197M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new DX positions and 14 closed out — a net gain of 5 holders — while 40 added to existing stakes and 28 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.06M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $5.94M sold.
- 118 institutional investors held Dynex Capital (DX) as of Q1 2014, up from 113 in Q4 2013.
- Funds reported $230M of Dynex Capital stock for Q1 2014, up 16% quarter-over-quarter.
- 19 funds opened new Dynex Capital positions in Q1 2014 and 14 closed out, a net change of +5 holders.
- The largest Dynex Capital buyer in Q1 2014 was Vanguard Group, an estimated $3.06M added.
- The largest Dynex Capital seller in Q1 2014 was Schroder Investment Management Group, an estimated $5.94M sold.
Based on aggregated 13F filings for Q1 2014.