Dycom Industries
299 hedge funds and large institutions have $2.82B invested in Dycom Industries in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 123 increasing their positions, 99 reducing their positions, and 69 closing their positions.
26% more call options, than puts
Call options by funds: $23.5M | Put options by funds: $18.7M
24% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 99
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6.41% more ownership
Funds ownership: 105.37% → 111.78% (+6.4%)
4% more capital invested
Capital invested by funds: $2.71B → $2.82B (+$117M)
8% less funds holding
Funds holding: 326 → 299 (-27)
30% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$60M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$47.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$36.7M |
| 4 |
MC
Maplelane Capital
New York
|
+$33.6M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Peconic Partners
New York
|
-$63.9M |
| 2 |
Millennium Management
New York
|
-$40.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$34.1M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$33M |
| 5 |
Renaissance Technologies
New York
|
-$29.4M |
DY Hedge Fund Activity: Q4 2016 in Review
299 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Dycom Industries (DY) for Q4 2016, worth a combined $2.82B — up 4.3% from $2.71B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of DY and 48 opened new positions — a net loss of 21 holders — while 99 trimmed existing stakes and 123 added.
The largest buyer was Pennant Capital Management, opening a new position worth an estimated $60M. The largest seller was Peconic Partners, cutting an estimated $63.9M.
- 299 institutional investors held Dycom Industries (DY) as of Q4 2016, down from 326 in Q3 2016.
- Funds reported $2.82B of Dycom Industries stock for Q4 2016, up 4.3% quarter-over-quarter.
- 48 funds opened new Dycom Industries positions in Q4 2016 and 69 closed out, a net change of -21 holders.
- The largest Dycom Industries buyer in Q4 2016 was Pennant Capital Management, an estimated $60M added.
- The largest Dycom Industries seller in Q4 2016 was Peconic Partners, an estimated $63.9M sold.
Based on aggregated 13F filings for Q4 2016.