DNTH ranks #2313 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
DNTH is a top-conviction position for Avidity Partners Management LP — at 32.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in DNTH belongs to FMR LLC, but the position matters far more to Avidity Partners Management LP, who has 32.9% 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.
Fidelity has added to its DNTH position for two straight quarters, increasing it by $534.3M to reach $799.3M today.
Marshall Wace, LLP has trimmed its DNTH position for two straight quarters, cutting it by $29.0M while still holding $12.5M.
DNTH is down 0.4% today, but institutions show net buying of $1.2B this quarter — a divergence between today's price move and the underlying institutional flow.