DIGITALOCEAN HLDGS INC DOCN
COM · Common Stock · CUSIP 25402D102 · ISIN US25402D1028
American cloud infrastructure provider
- SectorTechnology
- IndustryServices-Computer Programming, Data Processing, Etc.
- HeadquartersBroomfield, CO
- Founded2011
- Websitedigitalocean.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.8m this quarter). Holder counts are more reliable. Shares outstanding: 88.8m as of 2023-04-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $39.29. Options: 16 managers hold calls ($101.5m notional), 17 hold puts ($64.7m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 279 |
| Q4 2022 | 249 |
| Q1 2023 | 259 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 111 | 156 |
| Q1 2023 | 123 | 117 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $129.6m | $113.2m | 0.87 |
| Q4 2022 | $82.3m | $42.6m | 0.52 |
| Q1 2023 | $101.5m | $64.7m | 0.64 |
Biggest buyers
| BANK OF AMERICA CORP /DE/ | Added | +457.0k |
| Hood River Capital Management LLC | New | +431.2k |
| FMR LLC | Added | +402.5k |
| Engle Capital Management, L.P. | Added | +286.9k |
| Assenagon Asset Management S.A. | New | +276.2k |
| BERKSHIRE CAPITAL HOLDINGS INC | Added | +231.2k |
| Cinctive Capital Management LP | New | +228.6k |
| Grandeur Peak Global Advisors, LLC | Added | +216.8k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +178.6k |
| DIMENSIONAL FUND ADVISORS LP | Added | +174.0k |
Biggest sellers
| FIRST TRUST ADVISORS LP | Reduced | -729.0k |
| Squarepoint Ops LLC | Sold out | -316.7k |
| Bank of New York Mellon Corp | Reduced | -296.0k |
| TWINBEECH CAPITAL LP | Sold out | -275.0k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -263.7k |
| Allspring Global Investments Holdings, LLC | Reduced | -228.2k |
| Man Group plc | Sold out | -187.9k |
| Parallax Volatility Advisers, L.P. | Reduced | -187.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -185.4k |
| LA FINANCIERE DE L'ECHIQUIER | Reduced | -157.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $25.6m653.9k shares |
| CITADEL ADVISORS LLC | Added | $23.8m608.5k shares |
| SOROS FUND MANAGEMENT LLC | Reduced | $11.8m300.0k shares |
| PEAK6 Investments LLC | Added | $11.5m294.3k shares |
| Walleye Trading LLC | Added | $8.8m225.3k shares |
| JANE STREET GROUP, LLC | Added | $4.7m120.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.3m110.4k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $4.1m103.6k shares |
| GROUP ONE TRADING LLC | Added | $3.2m80.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $2.1m52.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.0m536.9k shares |
| PEAK6 Investments LLC | Added | $14.3m364.1k shares |
| CITADEL ADVISORS LLC | Added | $8.5m216.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $4.7m120.0k shares |
| Walleye Trading LLC | Added | $4.4m112.7k shares |
| GROUP ONE TRADING LLC | Added | $3.6m91.7k shares |
| D. E. Shaw & Co., Inc. | Reduced | $3.3m83.8k shares |
| UBS Group AG | Unchanged | $1.4m36.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m31.1k shares |
| JANE STREET GROUP, LLC | Reduced | $994.9k25.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ACCESS INDUSTRIES MANAGEMENT, LLC 13D · may seek influence -2.0 pts · filed 2026-08-06 | 15.9% |
| JPMORGAN CHASE & CO 13G · institution -3.4 pts · filed 2026-10-16 | 9.6% |
| BlackRock, Inc. 13G · institution filed 2026-07-28 | 7.6% |
Fell to 5% or below in the last year: VANGUARD PORTFOLIO MANAGEMENT LLC (4.4%, 2026-07-31), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $14.7m | — |
| Q1 2022 | 0 | — | 3 | $4.9m | — |
| Q2 2022 | 0 | — | 3 | $2.9m | — |
| Q3 2022 | 0 | — | 2 | $331.6k | — |
| Q4 2022 | 0 | — | 3 | $708.6k | — |
| Q1 2023 | 0 | — | 5 | $6.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-14 | Guy Jeffrey Scott Chief Operating Officer | Sold | $196.0k5.6k shares |
| 2023-03-10 | Guy Jeffrey Scott Chief Operating Officer | Sold | $224.1k6.4k shares |
| 2023-03-03 | Guy Jeffrey Scott Chief Operating Officer | Sold | $518.0k14.8k shares |
| 2023-03-02 | Norman Harold Matthew Chief People Officer | Sold | $114.0k3.6k shares |
| 2023-02-21 | Brantz Carly D Chief Marketing Officer | Sold | $3.7m106.4k shares |
| 2023-02-21 | SHAPIRO ALAN General Counsel | Sold | $1.4m39.4k shares |
| 2023-02-16 | Guy Jeffrey Scott Chief Operating Officer | Sold | $521.7k14.9k shares |
| 2023-02-16 | Butte Amy Director · See Footnote | Sold | $175.0k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| IA Venture Strategies Fund II, LP 99.81% of their portfolio | 7.4m $290.0m | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.2m $242.2m | Added +30.8k |
| BlackRock Inc. 0.01% of their portfolio | 5.4m $212.7m | Added +159.2k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.5m $96.9m | Reduced -263.7k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 1.7m $67.8m | Reduced -729.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $55.4m | Reduced -296.0k |
| Van Berkom & Associates Inc. 2.02% of their portfolio | 1.4m $54.7m | Added +164.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $53.5m | Added +16.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.3m $50.5m | Added +16.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $47.6m | Added +55.3k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 1.0m $41.0m | Reduced -228.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 962.4k $37.7m | Added +457.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 868.1k $34.0m | Reduced -14.6k |
| Capital World Investors 0.01% of their portfolio | 851.0k $33.3m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 748.8k $29.3m | Added +9.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 748.6k $29.3m | Added +67.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 620.7k $24.3m | Added +14.2k |
| MORGAN STANLEY 0.00% of their portfolio | 593.1k $23.2m | Reduced -38.4k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 541.9k $21.2m | Reduced -108.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 532.3k $20.9m | Reduced -60.6k |
| TUDOR INVESTMENT CORP ET AL 0.37% of their portfolio | 493.5k $19.3m | Reduced -25.2k |
| LA FINANCIERE DE L'ECHIQUIER 0.99% of their portfolio | 484.0k $19.0m | Reduced -157.0k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 478.9k $18.8m | Reduced -185.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 470.8k $18.4m | Added +816 |
| Hood River Capital Management LLC 0.55% of their portfolio | 431.2k $16.9m | New |
| FMR LLC 0.00% of their portfolio | 405.0k $15.9m | Added +402.5k |
| Engle Capital Management, L.P. 5.16% of their portfolio | 402.0k $15.7m | Added +286.9k |
| Paragon Capital Management Ltd 3.38% of their portfolio | 377.1k $14.8m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 346.2k $13.6m | Added +145.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 337.2k $12.8m | Added +178.6k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 335.6k $13.1m | Added +79.5k |
| Grandeur Peak Global Advisors, LLC 0.77% of their portfolio | 320.7k $12.6m | Added +216.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 308.8k $12.1m | Added +120.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 287.3k $11.3m | Reduced -3.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 282.0k $11.0m | Added +22.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 281.3k $11.0m | Added +174.0k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 276.2k $10.8m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 253.8k $9.9m | Reduced -14.3k |
| NORGES BANK 0.00% of their portfolio | 237.7k $9.3m | Reduced -30.3k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 233.9k $9.2m | Reduced -79.7k |
| BERKSHIRE CAPITAL HOLDINGS INC 4.05% of their portfolio | 231.2k $9.1m | Added +231.2k |
| Cinctive Capital Management LP 0.33% of their portfolio | 228.6k $9.0m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.17% of their portfolio | 222.6k $8.7m | Reduced -44.1k |
| IEQ CAPITAL, LLC 0.19% of their portfolio | 209.4k $8.2m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 203.5k $8.0m | Reduced -49.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 197.7k $7.7m | Reduced -136.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 194.1k $7.6m | Reduced -20.7k |
| UBS Group AG 0.00% of their portfolio | 173.2k $6.8m | Added +30.2k |
| Man Group plc 0.02% of their portfolio | 168.2k $6.6m | New |
| Lisanti Capital Growth, LLC 0.86% of their portfolio | 157.0k $6.2m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 150.2k $5.9m | Added +105.1k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 141.5k $5.5m | Reduced -154.5k |
| Brevan Howard Capital Management LP 1.16% of their portfolio | 134.0k $5.2m | Added +76.0k |
| CASTLEARK MANAGEMENT LLC 0.24% of their portfolio | 127.3k $5.0m | New |
| CI INVESTMENTS INC. 0.02% of their portfolio | 118.4k $4.6m | Reduced -3 |
| Advantage Alpha Capital Partners LP 0.92% of their portfolio | 112.5k $4.4m | Reduced -63.7k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio | 103.1k $4.0m | Added +4 |
| Swiss National Bank 0.00% of their portfolio | 93.5k $3.7m | Reduced -11.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 93.2k $3.6m | Reduced -1.6k |
| Invesco Ltd. 0.00% of their portfolio | 87.9k $3.4m | Added +53.4k |
| PDT Partners, LLC 0.43% of their portfolio | 80.9k $3.2m | Added +27.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 79.9k $3.1m | Added +35.4k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 78.8k $3.1m | Added +68.8k |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 78.4k $3.1m | Added +4.1k |
| Jump Financial, LLC 0.12% of their portfolio | 78.2k $3.1m | Added +10.9k |
| Creative Planning 0.00% of their portfolio | 72.4k $2.8m | Reduced -2.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 67.1k $2.6m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 64.0k $2.5m | Reduced -1.8k |
| Advisory Services Network, LLC 0.07% of their portfolio | 63.0k $2.5m | Added +6.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 61.2k $2.4m | New |
| GREAT LAKES ADVISORS, LLC 0.02% of their portfolio | 60.5k $2.4m | New |
| LPL Financial LLC 0.00% of their portfolio | 60.3k $2.4m | Reduced -30.1k |
| Alberta Investment Management Corp 0.02% of their portfolio | 60.0k $2.4m | Added +17.4k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 56.7k $2.2m | Added +10 |
| Sterling Investment Advisors, Ltd. 0.74% of their portfolio | 56.3k $2.2m | Reduced -675 |
| BSW Wealth Partners 0.45% of their portfolio | 55.9k $2.2m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 55.7k $2.2m | Reduced -14.6k |
| VAN DEN BERG MANAGEMENT I, INC 0.78% of their portfolio | 53.4k $2.1m | Added +5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 53.3k $2.1m | Added +878 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 52.5k $2.1m | Added +34.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 51.8k $2.0m | Reduced -21.2k |
| Gotham Asset Management, LLC 0.05% of their portfolio | 51.1k $2.0m | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 50.3k $2.0m | New |
| Alpha Square Group S LLC 1.61% of their portfolio | 50.0k $2.0m | Reduced -6 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 48.7k $1.9m | Reduced -82.7k |
| Cetera Investment Advisers 0.02% of their portfolio | 47.4k $1.9m | Reduced -311 |
| BARCLAYS PLC 0.00% of their portfolio | 46.3k $1.8m | Added +24.4k |
| SIMPLEX TRADING, LLC 0.08% of their portfolio | 45.2k $1.8m | New |
| HarbourVest Partners LLC 0.58% of their portfolio | 44.2k $1.7m | Unchanged |
| Knights of Columbus Asset Advisors LLC 0.15% of their portfolio | 39.7k $1.6m | Added +305 |
| MetLife Investment Management, LLC 0.01% of their portfolio | 37.5k $1.5m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 36.9k $1.4m | Reduced -15.7k |
| Quantbot Technologies LP 0.09% of their portfolio | 33.8k $1.3m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 33.7k $1.3m | Added +669 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 29.7k $1.2m | Reduced -589 |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 29.5k $1.2m | Reduced -11.1k |
| Bank Julius Baer & Co. Ltd, Zurich 0.01% of their portfolio | 28.4k $1.1m | Added +3.4k |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 28.0k $1.1m | Added +15.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 27.7k $1.1m | Reduced -728 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 27.6k $1.1m | Reduced -6.2k |