Douglas Dynamics
PLOW
129 hedge funds and large institutions have $747M invested in Douglas Dynamics in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 26 closing their positions.
2.76% more ownership
Funds ownership: 88.91% → 91.66% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 139 → 129 (-10)
14% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 49
16% less capital invested
Capital invested by funds: $886M → $747M (-$139M)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
79% less call options, than puts
Call options by funds: $294K | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$23.5M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$18.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.04M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$4.42M |
| 5 |
BlackRock
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$8.76M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.36M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$5.95M |
| 4 |
JP Morgan Chase
New York
|
-$2.53M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Simplex Trading
Chicago,
Illinois
| – | -$65.7K | -1,676 | Closed |
|
|
SWP
152
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$48K | -1,100 | Closed |
|
|
TRCT
153
Tower Research Capital (TRC)
New York
| – | -$33K | -756 | Closed |
|
|
SFM
154
Signet Financial Management
Parsippany,
New Jersey
| – | -$4K | -81 | Closed |
|
|
CFGS
155
Concourse Financial Group Securities
Birmingham,
Alabama
| – | +$863 | +22 | New |
|
PLOW Hedge Fund Activity: Q4 2018 in Review
129 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Douglas Dynamics (PLOW) for Q4 2018, worth a combined $747M — down 16% from $886M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PLOW and 17 opened new positions — a net loss of 9 holders — while 49 trimmed existing stakes and 42 added.
The largest buyer was Conestoga Capital Advisors, adding an estimated $23.5M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $8.76M sold.
- 129 institutional investors held Douglas Dynamics (PLOW) as of Q4 2018, down from 139 in Q3 2018.
- Funds reported $747M of Douglas Dynamics stock for Q4 2018, down 16% quarter-over-quarter.
- 17 funds opened new Douglas Dynamics positions in Q4 2018 and 26 closed out, a net change of -9 holders.
- The largest Douglas Dynamics buyer in Q4 2018 was Conestoga Capital Advisors, an estimated $23.5M added.
- The largest Douglas Dynamics seller in Q4 2018 was Lazard Asset Management, an estimated $8.76M sold.
Based on aggregated 13F filings for Q4 2018.