Vault-13

DIGITALOCEAN HLDGS INC DOCN 0 12.01.26

NOTE 12/0 · US DOMESTIC · CUSIP 25402DAB8

47 institutional holders -6 vs Q1 2025
35,361,68135.4m shares reported held*
$1.4bnreported value*
5 new 11 added 16 reduced 10 sold out net sold ≈ $149.6m (+8.4m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $39.43.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 22: 60Q1 23: 64Q2 23: 63Q3 23: 64Q4 23: 60Q1 24: 66Q2 24: 75Q3 24: 69Q4 24: 72Q1 25: 53Q2 25: 4747Q4 22Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 202260
Q1 202364
Q2 202363
Q3 202364
Q4 202360
Q1 202466
Q2 202475
Q3 202469
Q4 202472
Q1 202553
Q2 202547

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 23: 31 bought or addedQ3 23: 24 cut or sold outQ4 23: 27 bought or addedQ4 23: 28 cut or sold outQ4 23Q1 24: 25 bought or addedQ1 24: 26 cut or sold outQ2 24: 34 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 18 bought or addedQ3 24: 35 cut or sold outQ4 24: 26 bought or addedQ4 24: 25 cut or sold outQ4 24Q1 25: 23 bought or addedQ1 25: 43 cut or sold outQ2 25: 16 bought or addedQ2 25: 26 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233124
Q4 20232728
Q1 20242526
Q2 20243424
Q3 20241835
Q4 20242625
Q1 20252343
Q2 20251626

Biggest buyers

CAPSTONE INVESTMENT ADVISORS, LLC Added +32,736,000+32.7m
Balyasny Asset Management L.P. New +21,104,000+21.1m
Davidson Kempner Capital Management LP Added +19,650,000+19.6m
PICTON MAHONEY ASSET MANAGEMENT New +12,000,000+12.0m
BNP PARIBAS FINANCIAL MARKETS Added +7,023,000+7.0m
BANK OF AMERICA CORP /DE/ Added +5,292,000+5.3m
MILLENNIUM MANAGEMENT LLC Added +4,000,000+4.0m
ROYAL BANK OF CANADA Added +3,290,000+3.3m
CAMDEN ASSET MANAGEMENT L P /CA Added +2,000,000+2.0m
Linden Advisors LP Added +1,769,000+1.8m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -176,335,000-176.3m
Radcliffe Capital Management, L.P. Reduced -21,000,000-21.0m
Point72 Asset Management, L.P. Sold out -12,270,000-12.3m
CORBYN INVESTMENT MANAGEMENT INC/MD Reduced -10,107,000-10.1m
Calamos Advisors LLC Reduced -8,671,000-8.7m
MARSHALL WACE, LLP Reduced -8,000,000-8.0m
MORGAN STANLEY Sold out -6,433,000-6.4m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -5,487,000-5.5m
SSI INVESTMENT MANAGEMENT LLC Reduced -5,395,000-5.4m
JPMORGAN CHASE & CO Reduced -4,226,000-4.2m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio ATLANTA, GA 176,335,000176.3m $165.1m $165.1m 0.16% Reduced -176.3m -176,335,000
2 SOROS FUND MANAGEMENT LLC 2.67% of their portfolio NEW YORK, NY 166,500,000166.5m $155.8m $155.8m 2.67% Unchanged
3 Radcliffe Capital Management, L.P. 11.03% of their portfolio BALA CYNWYD, PA 155,235,000155.2m $144.8m $144.8m 11.03% Reduced -21.0m -21,000,000
4 Linden Advisors LP 0.87% of their portfolio New York, NY 151,166,000151.2m $141.4m $141.4m 0.87% Added +1.8m +1,769,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 1.77% of their portfolio NEW YORK, NY 140,023,000140.0m $131.1m $131.1m 1.77% Unchanged
6 CAPSTONE INVESTMENT ADVISORS, LLC 0.68% of their portfolio NEW YORK, NY 85,326,00085.3m $79.9m $79.9m 0.68% Added +32.7m +32,736,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 1.47% of their portfolio NEW YORK, NY 71,435,00071.4m $66.9m $66.9m 1.47% Reduced -5.5m -5,487,000
8 Davidson Kempner Capital Management LP 0.99% of their portfolio New York, NY 70,000,00070.0m $65.3m $65.3m 0.99% Added +19.6m +19,650,000
9 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 59,891,00059.9m $56.0m $56.0m 0.04% Added +7.0m +7,023,000
10 CAMDEN ASSET MANAGEMENT L P /CA 1.18% of their portfolio Los Angeles, CA 53,850,00053.9m $50.2m $50.2m 1.18% Added +2.0m +2,000,000
11 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 52,603,00052.6m $49.2m $49.2m 0.04% Added +4.0m +4,000,000
12 Calamos Advisors LLC 0.20% of their portfolio NAPERVILLE, IL 50,310,00050.3m $47.0m $47.0m 0.20% Reduced -8.7m -8,671,000
13 ARISTEIA CAPITAL, L.L.C. 1.13% of their portfolio GREENWICH, CT 42,620,00042.6m $39.9m $39.9m 1.13% Reduced -39.0k -39,000
14 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 30,000,00030.0m $28.1m $28.1m 0.03% Reduced -8.0m -8,000,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 29,176,00029.2m $27.3m $27.3m 0.00% Reduced -1.5m -1,500,000
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 27,813,00027.8m $26.0m $26.0m 0.00% Added +5.3m +5,292,000
17 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 21,104,00021.1m $19.7m $19.7m 0.04% New
18 SHENKMAN CAPITAL MANAGEMENT INC 1.94% of their portfolio NEW YORK, NY 20,764,00020.8m $19.5m $19.5m 1.94% Reduced -1.5m -1,530,000
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 14,525,00014.5m $13.6m $13.6m 0.00% Reduced -1.1m -1,150,000
20 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 12,503,00012.5m $11.7m $11.7m 0.02% Unchanged
21 PICTON MAHONEY ASSET MANAGEMENT 0.16% of their portfolio Toronto, A6 12,000,00012.0m $11.2m $11.2m 0.16% New
22 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio HARRISBURG, PA 10,510,00010.5m $9.8m $9.8m 0.05% Reduced -2.1m -2,060,000
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,580,0006.6m $6.1m $6.1m 0.00% Added +3.3m +3,290,000
24 CORBYN INVESTMENT MANAGEMENT INC/MD 1.75% of their portfolio Lutherville, MD 5,590,0005.6m $5.2m $5.2m 1.75% Reduced -10.1m -10,107,000
25 PALISADE CAPITAL MANAGEMENT, LP 0.13% of their portfolio FORT LEE, NJ 4,850,0004.8m $4.5m $4.5m 0.13% Unchanged
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,247,0004.2m $4.0m $4.0m 0.00% Reduced -4.2m -4,226,000
27 AVIVA PLC 0.00% of their portfolio LONDON, X0 1,480,0001.5m $1.4m $1.4m 0.00% Reduced -910.0k -910,000
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,324,0001.3m $1.2m $1.2m 0.00% Added +426.0k +426,000
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,200,0001.2m $1.1m $1.1m 0.00% Unchanged
30 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 1,000,0001.0m $1.0m $1.0m 0.01% Unchanged
31 SSI INVESTMENT MANAGEMENT LLC 0.05% of their portfolio Los Angeles, CA 797,000797.0k $743.7k $743.7k 0.05% Reduced -5.4m -5,395,000
32 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $467.5k $467.5k 0.00% Unchanged
33 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 311,000311.0k $290.8k $290.8k 0.00% New
34 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 139,000139.0k $129.7k $129.7k 0.00% Unchanged
35 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 122,000122.0k $113.8k $113.8k 0.00% Added +47.0k +47,000
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 53,00053.0k $49.6k $49.6k 0.00% Reduced -26.0k -26,000
37 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 39,00039.0k $36.4k $36.4k 0.02% Unchanged
38 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 32,00032.0k $29.9k $29.9k 0.00% Unchanged
39 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 24,00024.0k $22.4k $22.4k 0.00% New
40 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 22,00022.0k $20.6k $20.6k 0.00% Reduced -22.0k -22,000
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 20,00020.0k $18.7k $18.7k 0.00% New
42 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 19,96020.0k $1.9m $1.9m 0.01% Added +6.0k +5,960
43 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 14,00014.0k $13.1k $13.1k 0.00% Unchanged
44 Chicago Capital Management, LLC 4.46% of their portfolio CHICAGO, IL 6,5006.5k $6.1m $6.1m 4.46% Unchanged
45 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 1,6811.7k $48.0k $48.0k 0.00% Unchanged
46 Alken Asset Management Ltd 0.49% of their portfolio LONDON, X0 300300 $279.0k $279.0k 0.49% Unchanged
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged