The cluster is 100% active managers with no passive/index fund participation, strengthening the signal. Robeco's $215M addition is the largest conviction bet. Monitor upcoming Dell earnings for catalysts that may have driven this Q3 positioning — the 45-day 13F reporting lag means positions may have been adjusted since quarter-end.
Executive Summary
Five institutional asset managers increased their Dell Technologies holdings by a net $264.1M in Q3 2026, led by Robeco Institutional Asset Management doubling its position to $350.3M. A single seller trimmed $14.0M, resulting in a strongly bullish cluster signal from active managers.
Key Financial Metrics
Institutional Positions
Net institutional flow: $250.1M
▲ Buyers (5)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Robeco Institutional Asset Management B.v. | DOUBLED | +107.8% | $350.3M | $215.1M |
| Td Waterhouse Canada | DOUBLED | +168.6% | $55.5M | $39.3M |
| Farther Finance Advisors | ADD | +32.3% | $17.6M | $7.0M |
| Davenport & Co | ADD | +28% | $4.2M | $1.6M |
| Mather Group | DOUBLED | +121.8% | $1.9M | $1.2M |
▼ Sellers (1)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Assenagon Asset Management | TRIM | -38.5% | $60.2M | -$14.0M |
Key Facts
- 5 buyers added $264.1M in net new holdings, reaching $429.6M total
- Robeco Institutional Asset Management doubled its stake (+107.8%) to $350.3M
- TD Waterhouse Canada doubled (+168.6%) to $55.5M
- Mather Group more than doubled (+121.8%) to $1.9M
- Only 1 seller (Assenagon) trimmed 38.5%, reducing holdings by $14.0M
- All participants are active asset managers — no passive/index funds in the cluster
Financial Impact
5 active managers accumulated $264.1M in net new Dell positions while 1 manager reduced by $14.0M, for a net inflow of $250.1M
Risk Factors
- 13F data is 45+ days stale; the cluster may have already been unwound
- Hedge funds can strategically misreport 13F holdings per academic research
- Only 6 institutions in the cluster — sample size is small
- No insider buying corroboration to confirm the thesis
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-DELL-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | 144 | $452.95 $456.44 | ▼ −0.77% | ▼ −1.29% | — |
Oct 21, 2026 5d ago | 8-K | $452.95 $456.44 | ▲ +0.77% | ▲ +1.29% | — |
Oct 20, 2026 6d ago | Institutional Cluster | $485.88 $452.95 | ▼ −6.78% | ▼ −5.60% | — |
Oct 14, 2026 12d ago | Insider Cluster | $472.74 $451.09 | ▼ −4.58% | ▼ −3.47% | — |
Oct 14, 2026 12d ago | Insider Cluster | $472.74 $451.09 | ▼ −4.58% | ▼ −3.47% | — |
Oct 14, 2026 12d ago | Insider Cluster | $473.39 $451.71 | ▼ −4.58% | ▼ −3.47% | — |
Oct 9, 2026 17d ago | 144 | $576.76 $572.47 | ▲ +0.74% | ▲ +0.73% | — |
Oct 9, 2026 17d ago | 144 | $576.76 $572.47 | ▼ −0.74% | ▼ −0.73% | — |
Oct 9, 2026 17d ago | 144 | $576.76 $572.47 | ▼ −0.74% | ▼ −0.73% | — |
Oct 9, 2026 17d ago | 144 | $576.76 $572.47 | ▲ +0.74% | ▲ +0.73% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers