Douglas Dynamics
PLOW
77 hedge funds and large institutions have $347M invested in Douglas Dynamics in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 10 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
15% more capital invested
Capital invested by funds: $303M → $347M (+$43.9M)
0.27% more ownership
Funds ownership: 92.57% → 92.84% (+0.27%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 79 → 77 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$6.6M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.84M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$2.21M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$1.31M |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$712K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.11M |
| 2 |
Neuberger Berman Group
New York
|
-$3.88M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.84M |
| 4 |
CAM
Cubic Asset Management
Boston,
Massachusetts
|
-$1.31M |
| 5 |
MCMT
Moon Capital Management (Tennessee)
Knoxville,
Tennessee
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| $2K | -$83.8K | -5,369 | -98% |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $318 | +$20.4K | +1,305 | +7% |
|
|
78
Neuberger Berman Group
New York
| – | -$3.88M | -263,216 | Closed |
|
|
CAM
79
Cubic Asset Management
Boston,
Massachusetts
| – | -$1.31M | -88,775 | Closed |
|
|
MCMT
80
Moon Capital Management (Tennessee)
Knoxville,
Tennessee
| – | -$1.07M | -72,684 | Closed |
|
81
ProShare Advisors
Bethesda,
Maryland
| – | -$207K | -14,047 | Closed |
|
|
RFC
82
Russell Frank Company
Seattle,
Washington
| – | -$78K | -5,275 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$19K | -1,239 | Closed |
|
84
California Public Employees Retirement System
Sacramento,
California
| – | -$13K | -900 | Closed |
|
85
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -781 | Closed |
|
|
MAA
86
Managed Account Advisors
Jersey City,
New Jersey
| – | -$7K | -477 | Closed |
|
87
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -38 | Closed |
|
PLOW Hedge Fund Activity: Q4 2013 in Review
77 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Douglas Dynamics (PLOW) for Q4 2013, worth a combined $347M — up 15% from $303M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PLOW and 8 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 32 added.
The largest buyer was Granahan Investment Management, adding an estimated $6.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $4.11M.
- 77 institutional investors held Douglas Dynamics (PLOW) as of Q4 2013, down from 79 in Q3 2013.
- Funds reported $347M of Douglas Dynamics stock for Q4 2013, up 15% quarter-over-quarter.
- 8 funds opened new Douglas Dynamics positions in Q4 2013 and 10 closed out, a net change of -2 holders.
- The largest Douglas Dynamics buyer in Q4 2013 was Granahan Investment Management, an estimated $6.6M added.
- The largest Douglas Dynamics seller in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $4.11M sold.
Based on aggregated 13F filings for Q4 2013.