Which funds own DD

Managers holding

2

at least, of 91 current

Combined value

$61m

as reported

Opened

2

new this quarter

Added to

0

already held

Trimmed or sold out

27

27 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

• Invesco Ltd · Long-only$546m held before
• T. Rowe Price Associates Inc · Long-only$173m held before
• Fidelity (FMR LLC) · Long-only$125m held before
• MFS Investment Management · Long-only$113m held before
• AQR Capital Management LLC · Quantitative$111m held before
• Citadel Advisors LLC · Multi-strategy$90m held before
• Jane Street Group LLC · Quantitative$88m held before
• Susquehanna International Group LLP · Quantitative$74m held before
• Voloridge Investment Management LLC · Quantitative$58m held before
• D. E. Shaw & Co. · Quantitative$52m held before
• Man Group PLC · Quantitative$50m held before
• Millennium Management LLC · Multi-strategy$45m held before
• Tudor Investment Corp · Macro$38m held before
• Arrowstreet Capital LP · Quantitative$35m held before
• Two Sigma Investments LP · Quantitative$24m held before
• Squarepoint Ops LLC · Multi-strategy$24m held before
• AllianceBernstein LP · Long-only$18m held before
• Soros Fund Management LLC · Macro$17m held before
• Verition Fund Management LLC · Multi-strategy$9.7m held before
• Element Capital Management LLC · Macro$7.3m held before
• Brevan Howard Capital Management LP · Macro$6.5m held before
• GAMCO Investors Inc · Activist$5.6m held before
• Wellington Management Group LLP · Long-only$4.3m held before
• Janus Henderson Group Ltd · Long-only$2.5m held before
• Neuberger Berman Group LLC · Long-only$1.9m held before
• Caxton Associates LLP · Macro$1.3m held before
• Dodge & Cox · Value$700k held before

What DD is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.