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 ($3.1m this quarter). Holder counts are more reliable. Shares outstanding: 86.0m as of 2023-10-26, 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 ≈ $21.50. Options: 25 managers hold calls ($87.4m notional), 22 hold puts ($69.1m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 279 |
| Q4 2022 | 249 |
| Q1 2023 | 259 |
| Q2 2023 | 260 |
| Q3 2023 | 226 |
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 |
| Q3 2023 | 103 | 147 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $82.3m | $42.6m | 0.52 |
| Q1 2023 | $101.5m | $64.7m | 0.64 |
| Q2 2023 | $130.0m | $40.4m | 0.31 |
| Q3 2023 | $87.4m | $69.1m | 0.79 |
Biggest buyers
| MARSHALL WACE, LLP | New | +799.6k |
| SOROS FUND MANAGEMENT LLC | New | +611.1k |
| Point72 Asset Management, L.P. | Added | +492.4k |
| GOLDMAN SACHS GROUP INC | Added | +463.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +392.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | New | +292.5k |
| Van Berkom & Associates Inc. | Added | +288.5k |
| Balyasny Asset Management L.P. | New | +269.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +243.1k |
| PEAK6 Investments LLC | New | +231.2k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -3.3m |
| Allspring Global Investments Holdings, LLC | Reduced | -1.2m |
| Hood River Capital Management LLC | Reduced | -979.3k |
| VICTORY CAPITAL MANAGEMENT INC | Sold out | -701.5k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -494.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -459.5k |
| Invesco Ltd. | Reduced | -445.9k |
| AMERIPRISE FINANCIAL INC | Reduced | -436.3k |
| FMR LLC | Reduced | -263.9k |
| BlackRock Inc. | Reduced | -261.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.7m819.0k shares |
| CITADEL ADVISORS LLC | Added | $14.5m604.8k shares |
| SOROS FUND MANAGEMENT LLC | Added | $10.2m424.0k shares |
| UBS Group AG | New | $5.0m209.7k shares |
| SIMPLEX TRADING, LLC | Added | $5.0m207.6k shares |
| PEAK6 Investments LLC | Reduced | $4.8m198.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.4m183.3k shares |
| Walleye Trading LLC | Reduced | $4.0m166.8k shares |
| GROUP ONE TRADING LLC | Added | $3.2m134.3k shares |
| Caption Management, LLC | Added | $3.1m128.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.9m704.8k shares |
| SOROS FUND MANAGEMENT LLC | New | $12.0m500.0k shares |
| PEAK6 Investments LLC | Added | $8.8m365.4k shares |
| CITADEL ADVISORS LLC | Added | $7.3m303.6k shares |
| UBS Group AG | New | $6.5m269.9k shares |
| SIMPLEX TRADING, LLC | Added | $4.5m188.8k shares |
| ROYAL BANK OF CANADA | New | $2.2m91.0k shares |
| Walleye Trading LLC | Reduced | $1.8m76.3k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $1.7m72.4k shares |
| GROUP ONE TRADING LLC | Added | $1.5m61.0k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2023 | 1 | $103.0k | 1 | $1.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-07 | Guy Jeffrey Scott Chief Operating Officer | Sold | $518.9k20.6k shares |
| 2023-09-07 | JENSON WARREN Director | Bought | $103.0k4.0k shares |
| 2023-08-21 | Guy Jeffrey Scott Chief Operating Officer | Sold | $324.1k10.0k shares |
| 2023-08-14 | Guy Jeffrey Scott Chief Operating Officer | Sold | $213.1k6.0k shares |
| 2023-07-10 | Guy Jeffrey Scott Chief Operating Officer | Sold | $276.5k6.0k 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 6.4m $153.6m | Added +202.2k |
| BlackRock Inc. 0.00% of their portfolio | 4.8m $115.4m | Reduced -261.0k |
| IA Venture Strategies Fund II, LP 0.60% of their portfolio | 4.4m $662.8k | Unchanged |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.7m $41.7m | Added +210.9k |
| Van Berkom & Associates Inc. 1.12% of their portfolio | 1.4m $34.4m | Added +288.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $31.5m | Reduced -12.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $28.3m | Added +15.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $28.3m | Added +34.6k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $26.7m | Reduced -445.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 859.8k $20.7m | Reduced -13.0k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 799.6k $19.2m | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio | 784.0k $18.8m | Added +224.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 698.1k $16.8m | Added +463.1k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 659.6k $15.9m | Reduced -43.1k |
| MORGAN STANLEY 0.00% of their portfolio | 620.3k $14.9m | Added +77.5k |
| SOROS FUND MANAGEMENT LLC 0.30% of their portfolio | 611.1k $14.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 594.0k $14.3m | Added +243.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 583.6k $14.0m | Reduced -8.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 581.4k $14.0m | Added +392.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 537.0k $12.9m | Added +794 |
| FMR LLC 0.00% of their portfolio | 524.8k $12.6m | Reduced -263.9k |
| LA FINANCIERE DE L'ECHIQUIER 0.65% of their portfolio | 519.0k $12.5m | Added +35.0k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 495.8k $11.9m | Added +492.4k |
| TUDOR INVESTMENT CORP ET AL 0.17% of their portfolio | 479.0k $11.5m | Reduced -65.0k |
| Grandeur Peak Global Advisors, LLC 0.79% of their portfolio | 436.5k $10.5m | Added +25.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 432.7k $10.4m | Reduced -3.0k |
| Paragon Capital Management Ltd 2.04% of their portfolio | 376.6k $9.0m | Reduced -500 |
| GLENMEDE TRUST CO NA 0.05% of their portfolio | 331.3k $8.0m | Reduced -4.9k |
| Hood River Capital Management LLC 0.25% of their portfolio | 330.0k $7.9m | Reduced -979.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 324.2k $7.9m | Reduced -471 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 303.0k $7.3m | Reduced -65.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 292.5k $7.0m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 282.1k $6.8m | Added +170.0k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 269.4k $6.5m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 241.1k $5.8m | Reduced -46.2k |
| PEAK6 Investments LLC 0.27% of their portfolio | 231.2k $5.6m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio | 215.8k $5.2m | New |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 207.0k $5.0m | Reduced -256.1k |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 188.2k $4.5m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 184.9k $4.4m | Reduced -4.8k |
| NORGES BANK 0.00% of their portfolio | 184.0k $4.4m | Reduced -52.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 182.0k $4.4m | Added +95.9k |
| PDT Partners, LLC 0.48% of their portfolio | 159.0k $3.8m | Added +53.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 143.5k $3.4m | Reduced -46.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 137.7k $3.3m | Added +122.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 137.6k $3.3m | Reduced -3.3m |
| UBS Group AG 0.00% of their portfolio | 127.8k $3.1m | Reduced -51.8k |
| Swiss National Bank 0.00% of their portfolio | 117.1k $2.8m | Reduced -9.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 116.3k $2.8m | Added +86.3k |
| DUALITY ADVISERS, LP 0.31% of their portfolio | 105.9k $2.5m | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 103.1k $2.5m | Reduced -208 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 100.7k $2.4m | Added +31.0k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 91.4k $2.2m | Reduced -4.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 89.6k $2.2m | Added +1.0k |
| Alberta Investment Management Corp 0.02% of their portfolio | 86.2k $2.1m | Added +11.4k |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 85.8k $2.1m | Reduced -3.3k |
| CastleKnight Management LP 0.34% of their portfolio | 83.0k $2.0m | New |
| IEQ CAPITAL, LLC 0.04% of their portfolio | 78.5k $1.9m | Reduced -130.9k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 74.8k $1.8m | Reduced -2.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 67.3k $1.6m | Added +212 |
| LPL Financial LLC 0.00% of their portfolio | 66.9k $1.6m | Added +7.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 61.1k $1.5m | Reduced -11.2k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 57.4k $1.4m | Added +28.0k |
| Advisory Services Network, LLC 0.04% of their portfolio | 56.7k $1.4m | Reduced -5.1k |
| Legal & General Group Plc 0.00% of their portfolio | 53.5k $1.3m | Reduced -186 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 49.0k $1.2m | Reduced -8.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 46.0k $1.1m | Reduced -436.3k |
| Cetera Investment Advisers 0.01% of their portfolio | 46.0k $1.1m | Added +321 |
| HarbourVest Partners LLC 0.36% of their portfolio | 44.2k $1.1m | Unchanged |
| Alpha Square Group S LLC 1.17% of their portfolio | 42.0k $1.0m | Reduced -3.8k |
| Knights of Columbus Asset Advisors LLC 0.09% of their portfolio | 40.9k $982.0k | Added +1.1k |
| BSW Wealth Partners 0.20% of their portfolio | 37.0k $889.2k | Reduced -36.1k |
| WEALTH EFFECTS LLC 0.42% of their portfolio | 35.5k $854.1k | Added +7.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 35.3k $848.0k | Added +8.1k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 33.6k $806.7k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 33.2k $798.7k | Reduced -58.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 32.0k $769.3k | Reduced -81.8k |
| Renaissance Capital LLC 0.41% of their portfolio | 31.8k $763.9k | Added +7.4k |
| SEVEN EIGHT CAPITAL, LP 0.09% of their portfolio | 31.7k $761.8k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 31.7k $760.8k | Added +1.1k |
| Quantbot Technologies LP 0.05% of their portfolio | 31.5k $757.2k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 30.3k $730.0k | Added +1.1k |
| Edgestream Partners, L.P. 0.06% of their portfolio | 29.5k $709.8k | New |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 27.8k $667.8k | New |
| Clay Northam Wealth Management, LLC 0.64% of their portfolio | 26.7k $642.8k | Reduced -170 |
| Bank Julius Baer & Co. Ltd, Zurich 0.00% of their portfolio | 26.7k $640.0k | Added +1.8k |
| Cutler Group LLC / CA 0.10% of their portfolio | 26.3k $632.0k | Added +25.4k |
| BARCLAYS PLC 0.00% of their portfolio | 25.7k $618.7k | Reduced -3.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 25.5k $613.2k | Reduced -52 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 25.5k $613.1k | Added +222 |
| Walleye Trading LLC 0.01% of their portfolio | 25.0k $601.5k | New |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 24.7k $592.6k | Unchanged |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 24.3k $583.0k | Added +5.3k |
| Dynamic Technology Lab Private Ltd 0.06% of their portfolio | 24.2k $582.0k | New |
| Plancorp, LLC 0.03% of their portfolio | 23.8k $571.3k | Added +5 |
| NATIXIS 0.00% of their portfolio | 23.0k $553.7k | New |
| Versor Investments LP 0.11% of their portfolio | 22.8k $547.3k | New |
| Aveo Capital Partners, LLC 0.07% of their portfolio | 22.6k $543.0k | Unchanged |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.07% of their portfolio | 21.5k $517.0k | Reduced -42.4k |
| Schechter Investment Advisors, LLC 0.05% of their portfolio | 19.9k $477.3k | Reduced -90 |