DLR ranks #299 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
DLR is a top-conviction position for APG Asset Management US Inc. — at 10.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in DLR belongs to BlackRock, Inc., but the position matters far more to APG Asset Management US Inc., who has 10.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its DLR position for two straight quarters, increasing it by $1.3B to reach $7.3B today.
Pictet Asset Management Holding SA has trimmed its DLR position for two straight quarters, cutting it by $117.6M while still holding $189.4M.
DLR is up 0.3% today, and institutions have been net buyers of $22.5B this quarter — today's price move and the underlying institutional flow are pointing the same direction.