Dycom Industries
188 hedge funds and large institutions have $874M invested in Dycom Industries in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 82 increasing their positions, 53 reducing their positions, and 72 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
55% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 53
12% more call options, than puts
Call options by funds: $9.07M | Put options by funds: $8.13M
6.37% more ownership
Funds ownership: 98.78% → 105.15% (+6.4%)
22% less funds holding
Funds holding: 240 → 188 (-52)
41% less capital invested
Capital invested by funds: $1.47B → $874M (-$597M)
69% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$79.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.8M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$16.4M |
| 4 |
PP
Peconic Partners
New York
|
+$15.6M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$36.9M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$18.9M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$13.4M |
| 4 |
ClearBridge Investments
New York
|
-$12.6M |
| 5 |
BlackRock
New York
|
-$9.7M |
DY Hedge Fund Activity: Q1 2020 in Review
188 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Dycom Industries (DY) for Q1 2020, worth a combined $874M — down 41% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of DY and 22 opened new positions — a net loss of 50 holders — while 53 trimmed existing stakes and 82 added.
The largest buyer was Fidelity Investments, adding an estimated $79.5M. The largest seller was Victory Capital Management, cutting an estimated $36.9M.
- 188 institutional investors held Dycom Industries (DY) as of Q1 2020, down from 240 in Q4 2019.
- Funds reported $874M of Dycom Industries stock for Q1 2020, down 41% quarter-over-quarter.
- 22 funds opened new Dycom Industries positions in Q1 2020 and 72 closed out, a net change of -50 holders.
- The largest Dycom Industries buyer in Q1 2020 was Fidelity Investments, an estimated $79.5M added.
- The largest Dycom Industries seller in Q1 2020 was Victory Capital Management, an estimated $36.9M sold.
Based on aggregated 13F filings for Q1 2020.