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 ($3.4m this quarter). Holder counts are more reliable. Shares outstanding: 90.8m as of 2024-02-08, 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 ≈ $36.67. Options: 24 managers hold calls ($148.1m notional), 23 hold puts ($88.0m).
Trends to Q4 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 |
| Q4 2023 | 266 |
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 |
| Q4 2023 | 131 | 105 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $101.5m | $64.7m | 0.64 |
| Q2 2023 | $130.0m | $40.4m | 0.31 |
| Q3 2023 | $87.4m | $69.1m | 0.79 |
| Q4 2023 | $148.1m | $88.0m | 0.59 |
Biggest buyers
| Wolf Hill Capital Management, LP | New | +2.4m |
| JPMORGAN CHASE & CO | Added | +1.2m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +711.2k |
| Hood River Capital Management LLC | Added | +362.4k |
| BlackRock Inc. | Added | +359.1k |
| NORGES BANK | Added | +297.3k |
| Portolan Capital Management, LLC | New | +273.4k |
| CITADEL ADVISORS LLC | Added | +264.5k |
| MORGAN STANLEY | Added | +251.7k |
| Mirae Asset Global Investments Co., Ltd. | Added | +241.7k |
Biggest sellers
| SOROS FUND MANAGEMENT LLC | Sold out | -611.1k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -479.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -448.6k |
| Point72 Asset Management, L.P. | Reduced | -442.6k |
| MARSHALL WACE, LLP | Reduced | -407.0k |
| VANGUARD GROUP INC | Reduced | -359.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Sold out | -292.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -248.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -180.5k |
| ExodusPoint Capital Management, LP | Reduced | -168.7k |
Biggest calls
| SOROS FUND MANAGEMENT LLC | Added | $29.4m800.0k shares |
| CITADEL ADVISORS LLC | Added | $24.2m659.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.7m645.8k shares |
| PEAK6 Investments LLC | Added | $10.7m290.6k shares |
| SIMPLEX TRADING, LLC | Added | $9.2m251.7k shares |
| Squarepoint Ops LLC | Added | $6.6m180.3k shares |
| JANE STREET GROUP, LLC | Added | $6.4m174.8k shares |
| Walleye Trading LLC | Added | $6.4m173.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $6.2m170.1k shares |
| UBS Group AG | Reduced | $4.9m132.2k shares |
Biggest puts
| SOROS FUND MANAGEMENT LLC | Reduced | $16.5m450.0k shares |
| CITADEL ADVISORS LLC | Added | $12.8m349.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.0m328.1k shares |
| PEAK6 Investments LLC | Reduced | $9.8m265.8k shares |
| Parallax Volatility Advisers, L.P. | Added | $6.4m175.0k shares |
| Crawford Fund Management, LLC | First filing | $6.0m163.3k shares |
| GROUP ONE TRADING LLC | Added | $4.8m131.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.6m125.8k shares |
| Walleye Trading LLC | Reduced | $2.4m64.2k shares |
| WOLVERINE TRADING, LLC | Added | $2.0m55.5k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 3 | $49.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-11-22 | Spruill Yancey L. Chief Executive Officer, director | Sold | $8.8m309.7k shares |
| 2023-11-21 | Spruill Yancey L. Chief Executive Officer, director | Sold | $4.3m149.7k shares |
| 2023-11-20 | Spruill Yancey L. Chief Executive Officer, director | Sold | $13.0m451.9k shares |
| 2023-11-17 | Guy Jeffrey Scott Chief Operating Officer | Sold | $1.4m50.0k shares |
| 2023-11-17 | Wood Megan Chief Stgy and Prdct Officer | Sold | $431.6k15.0k shares |
| 2023-11-15 | Spruill Yancey L. Chief Executive Officer, director | Sold | $14.9m546.5k shares |
| 2023-11-14 | Spruill Yancey L. Chief Executive Officer, director | Sold | $5.4m200.2k shares |
| 2023-11-10 | Guy Jeffrey Scott Chief Operating Officer | Sold | $462.7k18.7k shares |
| 2023-11-07 | Wood Megan Chief Stgy and Prdct Officer | Sold | $515.8k20.0k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 6.0m $221.3m | Reduced -359.2k |
| BlackRock Inc. 0.00% of their portfolio | 5.2m $189.4m | Added +359.1k |
| IA Venture Strategies Fund II, LP 96.67% of their portfolio | 4.4m $163.0m | Unchanged |
| Wolf Hill Capital Management, LP 7.47% of their portfolio | 2.4m $86.8m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.4m $86.6m | Added +1.2m |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.7m $62.8m | Reduced -23.1k |
| Van Berkom & Associates Inc. 1.48% of their portfolio | 1.4m $51.0m | Reduced -41.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $49.0m | Added +22.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $44.7m | Added +40.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $40.1m | Reduced -19.4k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 901.3k $33.1m | Added +241.7k |
| MORGAN STANLEY 0.00% of their portfolio | 872.0k $32.0m | Added +251.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 861.0k $31.6m | Added +1.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.15% of their portfolio | 800.7k $29.4m | Added +16.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 774.4k $28.4m | Added +180.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.13% of their portfolio | 711.2k $26.1m | New |
| Hood River Capital Management LLC 0.70% of their portfolio | 692.4k $25.4m | Added +362.4k |
| Mubadala Investment Co PJSC 0.07% of their portfolio | 596.4k $21.9m | First filing |
| FMR LLC 0.00% of their portfolio | 594.7k $21.8m | Added +69.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 568.9k $20.9m | Reduced -14.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 492.3k $18.1m | Reduced -44.7k |
| NORGES BANK 0.00% of their portfolio | 481.3k $17.7m | Added +297.3k |
| LA FINANCIERE DE L'ECHIQUIER 0.81% of their portfolio | 476.8k $17.5m | Reduced -42.2k |
| GLENMEDE TRUST CO NA 0.09% of their portfolio | 461.7k $16.9m | Added +130.4k |
| Grandeur Peak Global Advisors, LLC 1.18% of their portfolio | 455.0k $16.7m | Added +18.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 449.3k $16.5m | Reduced -248.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 430.9k $15.8m | Reduced -1.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 402.2k $14.8m | Added +264.5k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 392.6k $14.4m | Reduced -407.0k |
| Paragon Capital Management Ltd 2.82% of their portfolio | 376.6k $13.8m | Unchanged |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 317.3k $11.7m | Reduced -6.9k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 281.1k $10.3m | Added +11.8k |
| PEAK6 Investments LLC 0.44% of their portfolio | 275.1k $10.1m | Added +43.9k |
| Portolan Capital Management, LLC 0.88% of their portfolio | 273.4k $10.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 266.8k $9.8m | Reduced -36.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 243.6k $8.9m | Added +2.5k |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 195.5k $7.2m | Added +138.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 188.6k $6.9m | Added +3.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 185.5k $6.8m | Added +94.1k |
| Polar Asset Management Partners Inc. 0.18% of their portfolio | 179.2k $6.6m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.08% of their portfolio | 170.2k $6.2m | Reduced -45.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 155.7k $5.7m | Added +55.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 149.6k $5.5m | Reduced -57.4k |
| PDT Partners, LLC 0.58% of their portfolio | 143.2k $5.3m | Reduced -15.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 138.9k $5.1m | Added +1.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 138.0k $5.1m | Reduced -5.5k |
| Susquehanna Portfolio Strategies, LLC 0.09% of their portfolio | 134.0k $4.9m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 132.9k $4.9m | Reduced -448.6k |
| Swiss National Bank 0.00% of their portfolio | 113.8k $4.2m | Reduced -3.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 112.8k $4.1m | Added +63.8k |
| BARCLAYS PLC 0.00% of their portfolio | 110.6k $4.1m | Added +84.8k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 103.2k $3.8m | Added +139 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 101.6k $3.7m | Reduced -180.5k |
| Knights of Columbus Asset Advisors LLC 0.24% of their portfolio | 101.1k $3.7m | Added +60.2k |
| Alberta Investment Management Corp 0.03% of their portfolio | 89.8k $3.3m | Added +3.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 89.3k $3.3m | Reduced -314 |
| UBS Group AG 0.00% of their portfolio | 87.6k $3.2m | Reduced -40.2k |
| DUALITY ADVISERS, LP 0.34% of their portfolio | 86.7k $3.2m | Reduced -19.2k |
| a16z Perennial Management, L.P. 0.53% of their portfolio | 85.6k $3.1m | First filing |
| Hillsdale Investment Management Inc. 0.26% of their portfolio | 85.4k $3.1m | New |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 81.6k $3.0m | Reduced -4.2k |
| IEQ CAPITAL, LLC 0.05% of their portfolio | 78.5k $2.9m | Unchanged |
| ClariVest Asset Management LLC 0.16% of their portfolio | 77.4k $2.8m | Added +58.8k |
| Washington Harbour Partners LP 5.10% of their portfolio | 72.5k $2.7m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 67.3k $2.3m | Unchanged |
| Moody Aldrich Partners LLC 0.43% of their portfolio | 65.1k $2.4m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 65.0k $2.4m | Added +19.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 62.2k $2.3m | Reduced -54.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 61.9k $2.3m | Added +788 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 61.8k $2.3m | Reduced -13.0k |
| K.J. Harrison & Partners Inc 0.35% of their portfolio | 57.0k $2.1m | New |
| Advisory Services Network, LLC 0.05% of their portfolio | 56.2k $2.1m | Reduced -523 |
| Legal & General Group Plc 0.00% of their portfolio | 54.9k $2.0m | Added +1.4k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 53.2k $2.0m | Reduced -442.6k |
| Walleye Capital LLC 0.03% of their portfolio | 51.8k $1.9m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 49.7k $1.8m | Added +30.4k |
| Parallax Volatility Advisers, L.P. 0.05% of their portfolio | 49.3k $1.8m | New |
| COMERICA BANK 0.01% of their portfolio | 47.4k $1.7m | Added +46.8k |
| WEALTH EFFECTS LLC 0.64% of their portfolio | 46.4k $1.7m | Added +10.8k |
| Cetera Investment Advisers 0.01% of their portfolio | 45.9k $1.7m | Reduced -46 |
| Engineers Gate Manager LP 0.05% of their portfolio | 44.3k $1.6m | Added +35.1k |
| HarbourVest Partners LLC 0.54% of their portfolio | 44.2k $1.6m | Unchanged |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 42.7k $1.6m | New |
| Alpha Square Group S LLC 1.81% of their portfolio | 42.0k $1.5m | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 41.4k $1.5m | Reduced -140.6k |
| Renaissance Capital LLC 0.72% of their portfolio | 40.2k $1.5m | Added +8.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 39.5k $1.4m | New |
| CastleKnight Management LP 0.23% of their portfolio | 38.6k $1.4m | Reduced -44.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 38.4k $1.4m | Added +20.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 38.2k $1.4m | Added +6.2k |
| Snowden Capital Advisors LLC 0.05% of their portfolio | 37.3k $1.4m | Added +18.0k |
| BSW Wealth Partners 0.26% of their portfolio | 35.5k $1.3m | Reduced -1.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 34.4k $1.3m | Reduced -896 |
| Baker Avenue Asset Management, LP 0.06% of their portfolio | 34.4k $1.3m | Added +34.3k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 33.6k $1.2m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 32.9k $1.2m | Reduced -294 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 31.9k $1.2m | Added +1.6k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 31.5k $1.2m | Reduced -128 |
| CAXTON ASSOCIATES LP 0.06% of their portfolio | 31.5k $1.2m | New |
| VIMA LLC 0.02% of their portfolio | 30.7k $7.4k | First filing |