Digital Brands Group
DBGI
2 hedge funds and large institutions have $191K invested in Digital Brands Group in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
100% more funds holding
Funds holding: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
30% less capital invested
Capital invested by funds: $271K → $191K (-$80.5K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$112K |
| 2 |
Walleye Capital
New York
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$117K |
| 2 |
EGM
Engineers Gate Manager
New York
|
-$61.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
State Street
Boston,
Massachusetts
| $38.8K | +$112K | +1 | New |
|
|
2
Walleye Capital
New York
| $37.1K | +$112K | +1 | New |
|
3
Osaic Holdings
Scottsdale,
Arizona
| $33K | – | – | – |
|
4
Vanguard Group
Malvern,
Pennsylvania
| $32.3K | – | – | – |
|
|
NA
5
NVP Associates
Menlo Park,
California
| $21K | – | – | – |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $13K | – | – | – |
|
|
SIA
7
SkyView Investment Advisors
Shrewsbury,
New Jersey
| $8K | – | – | – |
|
8
UBS Group
Zurich,
Switzerland
| $5.37K | – | – | – |
|
|
GRP
9
Global Retirement Partners
San Rafael,
California
| $1.58K | – | – | – |
|
10
Morgan Stanley
New York
| $343 | – | – | – |
|
11
Wells Fargo
San Francisco,
California
| $45 | – | – | – |
|
12
National Bank of Canada
Montreal,
Quebec, Canada
| $25 | – | – | – |
|
|
13
Millennium Management
New York
| – | -$117K | -1 | Closed |
|
|
EGM
14
Engineers Gate Manager
New York
| – | -$61.4K | – | – |
|
DBGI Hedge Fund Activity: Q1 2023 in Review
2 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Digital Brands Group (DBGI) for Q1 2023, worth a combined $191K — down 30% from $271K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new DBGI positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $112K. The largest seller was Millennium Management, exiting entirely with an estimated $117K sold.
- 2 institutional investors held Digital Brands Group (DBGI) as of Q1 2023, up from 1 in Q4 2022.
- Funds reported $191K of Digital Brands Group stock for Q1 2023, down 30% quarter-over-quarter.
- 2 funds opened new Digital Brands Group positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- The largest Digital Brands Group buyer in Q1 2023 was State Street, an estimated $112K added.
- The largest Digital Brands Group seller in Q1 2023 was Millennium Management, an estimated $117K sold.
Based on aggregated 13F filings for Q1 2023.