Douglas Dynamics
PLOW
139 hedge funds and large institutions have $886M invested in Douglas Dynamics in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 59 increasing their positions, 42 reducing their positions, and 14 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
14% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $905K
0.62% more ownership
Funds ownership: 88.29% → 88.91% (+0.62%)
5% less funds holding
Funds holding: 147 → 139 (-8)
8% less capital invested
Capital invested by funds: $962M → $886M (-$75.5M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$24.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.56M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.14M |
| 4 |
BlackRock
New York
|
+$1.53M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$13.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.94M |
| 3 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
-$3.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.4M |
| 5 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$18K | -365 | Closed |
|
|
CF
152
Centaurus Financial
Anaheim,
California
| – | -$8K | -172 | Closed |
|
153
SEI Investments
Oaks,
Pennsylvania
| – | -$5K | -97 | Closed |
|
PLOW Hedge Fund Activity: Q3 2018 in Review
139 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Douglas Dynamics (PLOW) for Q3 2018, worth a combined $886M — down 7.9% from $962M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PLOW and 6 opened new positions — a net loss of 8 holders — while 42 trimmed existing stakes and 59 added.
The largest buyer was Conestoga Capital Advisors, adding an estimated $24.8M. The largest seller was Lazard Asset Management, cutting an estimated $13.9M.
- 139 institutional investors held Douglas Dynamics (PLOW) as of Q3 2018, down from 147 in Q2 2018.
- Funds reported $886M of Douglas Dynamics stock for Q3 2018, down 7.9% quarter-over-quarter.
- 6 funds opened new Douglas Dynamics positions in Q3 2018 and 14 closed out, a net change of -8 holders.
- The largest Douglas Dynamics buyer in Q3 2018 was Conestoga Capital Advisors, an estimated $24.8M added.
- The largest Douglas Dynamics seller in Q3 2018 was Lazard Asset Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2018.