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 ($7.5m this quarter). Holder counts are more reliable. Shares outstanding: 88.8m as of 2023-08-04, 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 ≈ $40.13. Options: 20 managers hold calls ($130.0m notional), 16 hold puts ($40.4m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 279 |
| Q4 2022 | 249 |
| Q1 2023 | 259 |
| Q2 2023 | 260 |
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 |
| Q2 2023 | 114 | 133 |
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 |
| Q2 2023 | $130.0m | $40.4m | 0.31 |
Biggest buyers
| Invesco Ltd. | Added | +1.5m |
| ALLIANCEBERNSTEIN L.P. | Added | +948.7k |
| Hood River Capital Management LLC | Added | +878.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +559.6k |
| FMR LLC | Added | +383.7k |
| Cubist Systematic Strategies, LLC | Added | +225.6k |
| Woodline Partners LP | New | +156.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +113.3k |
| TWINBEECH CAPITAL LP | New | +113.2k |
| JANE STREET GROUP, LLC | Added | +110.3k |
Biggest sellers
| IA Venture Strategies Fund II, LP | Reduced | -3.0m |
| Bank of New York Mellon Corp | Reduced | -877.6k |
| Capital World Investors | Sold out | -851.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -594.1k |
| BlackRock Inc. | Reduced | -366.2k |
| Assenagon Asset Management S.A. | Sold out | -276.2k |
| Van Berkom & Associates Inc. | Reduced | -252.9k |
| MARSHALL WACE, LLP | Sold out | -233.9k |
| BERKSHIRE CAPITAL HOLDINGS INC | Reduced | -231.2k |
| Cinctive Capital Management LP | Sold out | -228.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $28.1m699.4k shares |
| CITADEL ADVISORS LLC | Reduced | $22.7m566.5k shares |
| PEAK6 Investments LLC | Added | $17.9m447.1k shares |
| SOROS FUND MANAGEMENT LLC | Unchanged | $12.0m300.0k shares |
| WOLVERINE TRADING, LLC | New | $8.6m220.5k shares |
| SIMPLEX TRADING, LLC | Added | $7.7m191.4k shares |
| Walleye Trading LLC | Reduced | $7.3m182.4k shares |
| GROUP ONE TRADING LLC | Added | $4.6m114.1k shares |
| JANE STREET GROUP, LLC | Reduced | $3.8m94.5k shares |
| Jefferies Financial Group Inc. | New | $3.7m92.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $16.0m399.5k shares |
| PEAK6 Investments LLC | Reduced | $6.1m152.2k shares |
| CITADEL ADVISORS LLC | Reduced | $5.1m126.5k shares |
| Walleye Trading LLC | Reduced | $3.9m97.8k shares |
| GROUP ONE TRADING LLC | Reduced | $1.9m48.0k shares |
| WOLVERINE TRADING, LLC | New | $1.3m33.1k shares |
| TWO SIGMA SECURITIES, LLC | Added | $1.2m30.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m28.6k shares |
| JANE STREET GROUP, LLC | Unchanged | $1.0m25.4k shares |
| Jefferies Financial Group Inc. | New | $1.0m25.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2023 | 0 | — | 2 | $2.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-12 | Guy Jeffrey Scott Chief Operating Officer | Sold | $265.2k6.0k shares |
| 2023-06-06 | Norman Harold Matthew Chief People Officer | Sold | $450.0k10.0k shares |
| 2023-06-02 | Norman Harold Matthew Chief People Officer | Sold | $127.5k3.1k shares |
| 2023-05-19 | Norman Harold Matthew Chief People Officer | Sold | $731.6k21.5k shares |
| 2023-05-18 | Guy Jeffrey Scott Chief Operating Officer | Sold | $205.2k5.9k shares |
| 2023-04-10 | Guy Jeffrey Scott Chief Operating Officer | Sold | $219.7k6.0k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 6.2m $248.4m | Added +4.7k |
| BlackRock Inc. 0.01% of their portfolio | 5.1m $203.2m | Reduced -366.2k |
| IA Venture Strategies Fund II, LP 99.61% of their portfolio | 4.4m $178.3m | Reduced -3.0m |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 3.4m $137.4m | Added +948.7k |
| Invesco Ltd. 0.02% of their portfolio | 1.6m $62.6m | Added +1.5m |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.5m $61.2m | Reduced -206.9k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $53.2m | Reduced -40.6k |
| Hood River Capital Management LLC 1.56% of their portfolio | 1.3m $52.6m | Added +878.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $46.7m | Reduced -51.2k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 1.2m $46.4m | Added +109.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.1m $45.9m | Reduced -144.5k |
| Van Berkom & Associates Inc. 1.66% of their portfolio | 1.1m $45.9m | Reduced -252.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 872.8k $35.0m | Added +4.7k |
| FMR LLC 0.00% of their portfolio | 788.8k $31.7m | Added +383.7k |
| Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio | 702.8k $28.2m | Reduced -46.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 701.5k $28.2m | Reduced -47.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 592.4k $23.8m | Reduced -28.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.13% of their portfolio | 559.6k $22.5m | New |
| TUDOR INVESTMENT CORP ET AL 0.36% of their portfolio | 544.0k $21.8m | Added +50.5k |
| MORGAN STANLEY 0.00% of their portfolio | 542.8k $21.8m | Reduced -50.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 536.2k $21.5m | Reduced -877.6k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 494.7k $19.9m | Added +15.8k |
| LA FINANCIERE DE L'ECHIQUIER 0.97% of their portfolio | 484.0k $19.4m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 482.3k $19.4m | Reduced -50.0k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 463.1k $18.6m | Reduced -78.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 459.5k $18.4m | Added +113.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 435.8k $17.5m | Reduced -35.0k |
| Grandeur Peak Global Advisors, LLC 1.13% of their portfolio | 410.9k $16.5m | Added +90.3k |
| Paragon Capital Management Ltd 3.28% of their portfolio | 377.1k $15.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 368.3k $14.8m | Reduced -594.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 350.9k $14.1m | Added +69.7k |
| GLENMEDE TRUST CO NA 0.07% of their portfolio | 336.3k $13.2m | Added +630 |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 324.6k $13.1m | Reduced -12.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 287.3k $11.3m | Unchanged |
| Cubist Systematic Strategies, LLC 0.11% of their portfolio | 255.1k $10.2m | Added +225.6k |
| NORGES BANK 0.00% of their portfolio | 236.7k $9.5m | Reduced -1.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 235.0k $9.4m | Reduced -18.8k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 219.7k $8.8m | Added +69.5k |
| Engle Capital Management, L.P. 2.62% of their portfolio | 211.0k $8.5m | Reduced -191.0k |
| IEQ CAPITAL, LLC 0.17% of their portfolio | 209.4k $8.4m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 190.3k $7.6m | Added +110.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 189.7k $7.6m | Reduced -4.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 188.5k $7.6m | Reduced -93.5k |
| UBS Group AG 0.00% of their portfolio | 179.7k $7.2m | Added +6.4k |
| Woodline Partners LP 0.07% of their portfolio | 156.2k $6.3m | New |
| CI INVESTMENTS INC. 0.03% of their portfolio | 150.9k $6.1m | Added +32.5k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 141.5k $5.7m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 126.6k $5.1m | Added +33.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 113.8k $4.6m | Added +61.2k |
| TWINBEECH CAPITAL LP 0.09% of their portfolio | 113.2k $4.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 112.1k $4.5m | Reduced -196.7k |
| PDT Partners, LLC 0.58% of their portfolio | 105.1k $4.2m | Added +24.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio | 103.3k $4.1m | Added +203 |
| Brevan Howard Capital Management LP 0.73% of their portfolio | 99.0k $4.0m | Reduced -35.0k |
| Advantage Alpha Capital Partners LP 0.78% of their portfolio | 97.0k $3.9m | Reduced -15.5k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 96.1k $3.9m | Added +17.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 91.7k $3.7m | Added +39.9k |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 89.1k $3.6m | Added +10.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 88.6k $3.6m | Reduced -4.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 86.8k $3.5m | Reduced -116.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 86.1k $3.5m | New |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 77.6k $3.1m | Added +20.9k |
| Alberta Investment Management Corp 0.03% of their portfolio | 74.8k $3.0m | Added +14.7k |
| BSW Wealth Partners 0.61% of their portfolio | 73.1k $2.9m | Added +17.2k |
| Point72 Middle East FZE 0.16% of their portfolio | 72.9k $2.9m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 72.3k $2.9m | Added +8.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 69.7k $2.8m | Added +69.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 67.1k $2.7m | Unchanged |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.27% of their portfolio | 63.9k $2.6m | New |
| Advisory Services Network, LLC 0.07% of their portfolio | 61.8k $2.5m | Reduced -1.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 61.2k $2.5m | New |
| LPL Financial LLC 0.00% of their portfolio | 59.3k $2.4m | Reduced -1.0k |
| Sterling Investment Advisors, Ltd. 0.77% of their portfolio | 58.0k $2.3m | Added +1.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 57.6k $2.3m | Added +1.8k |
| VAN DEN BERG MANAGEMENT I, INC 0.78% of their portfolio | 53.9k $2.2m | Added +451 |
| Legal & General Group Plc 0.00% of their portfolio | 53.7k $2.2m | Added +382 |
| Baird Financial Group, Inc. 0.01% of their portfolio | 49.4k $2.0m | Reduced -858 |
| SIMPLEX TRADING, LLC 0.08% of their portfolio | 46.1k $1.9m | Added +941 |
| Alpha Square Group S LLC 1.66% of their portfolio | 45.8k $1.8m | Reduced -4.2k |
| Cetera Investment Advisers 0.02% of their portfolio | 45.7k $1.8m | Reduced -1.7k |
| HarbourVest Partners LLC 0.50% of their portfolio | 44.2k $1.8m | Unchanged |
| Bayesian Capital Management, LP 0.19% of their portfolio | 43.6k $1.8m | Added +17.5k |
| Knights of Columbus Asset Advisors LLC 0.14% of their portfolio | 39.8k $1.6m | Added +87 |
| CHASE INVESTMENT COUNSEL CORP 0.79% of their portfolio | 38.8k $1.6m | New |
| Graham Capital Management, L.P. 0.05% of their portfolio | 38.7k $1.6m | New |
| CITIGROUP INC 0.00% of their portfolio | 38.4k $1.5m | Added +26.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 35.6k $1.4m | Added +18.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 33.7k $1.4m | Added +23.7k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 33.6k $1.3m | Reduced -3.9k |
| Engineers Gate Manager LP 0.05% of their portfolio | 31.2k $1.3m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 30.5k $1.2m | Reduced -3.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 29.9k $1.2m | Added +2.3k |
| BARCLAYS PLC 0.00% of their portfolio | 29.6k $1.2m | Reduced -16.7k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 29.4k $1.2m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 29.3k $1.2m | Reduced -19.4k |
| WEALTH EFFECTS LLC 0.49% of their portfolio | 27.8k $1.1m | Added +475 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 27.2k $1.1m | Reduced -2.5k |
| Clay Northam Wealth Management, LLC 1.03% of their portfolio | 26.9k $1.1m | Added +550 |
| Squarepoint Ops LLC 0.01% of their portfolio | 26.6k $1.1m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 25.6k $1.0m | Reduced -11.3k |