Fidelity D&D Bancorp
FDBC
45 hedge funds and large institutions have $46M invested in Fidelity D&D Bancorp in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 4 reducing their positions, and 6 closing their positions.
375% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
39% more capital invested
Capital invested by funds: $33M → $46M (+$13M)
10% more funds holding
Funds holding: 41 → 45 (+4)
3.56% more ownership
Funds ownership: 13.14% → 16.7% (+3.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.6M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.04M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.7M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.29M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$773K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 3 |
Jane Street
New York
|
-$436K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$423K |
| 5 |
HF
HRT Financial
New York
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Acadian Asset Management
Boston,
Massachusetts
| – | -$28K | -615 | Closed |
|
FDBC Hedge Fund Activity: Q2 2023 in Review
45 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Fidelity D&D Bancorp (FDBC) for Q2 2023, worth a combined $46M — up 39% from $33M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDBC positions and 6 closed out — a net gain of 6 holders — while 19 added to existing stakes and 4 trimmed.
The largest buyer was BlackRock, adding an estimated $9.6M. The largest seller was Millennium Management, exiting entirely with an estimated $2.09M sold.
- 45 institutional investors held Fidelity D&D Bancorp (FDBC) as of Q2 2023, up from 41 in Q1 2023.
- Funds reported $46M of Fidelity D&D Bancorp stock for Q2 2023, up 39% quarter-over-quarter.
- 12 funds opened new Fidelity D&D Bancorp positions in Q2 2023 and 6 closed out, a net change of +6 holders.
- The largest Fidelity D&D Bancorp buyer in Q2 2023 was BlackRock, an estimated $9.6M added.
- The largest Fidelity D&D Bancorp seller in Q2 2023 was Millennium Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q2 2023.