Digital Brands Group
DBGI
2 hedge funds and large institutions have $246K invested in Digital Brands Group in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and 4 closing their positions.
53% more capital invested
Capital invested by funds: $161K → $246K (+$85.5K)
50% less funds holding
Funds holding: 4 → 2 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$244K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$97.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$56K |
| 2 |
State Street
Boston,
Massachusetts
|
-$19.3K |
| 3 |
Walleye Capital
New York
|
-$18.5K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.3K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
1
Armistice Capital
New York
| $170K | +$244K | +10 | New |
|
|
2
Bank of America
Charlotte,
North Carolina
| $63.1K | +$97.8K | +4 | New |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $5.95K | – | – | – |
|
|
NA
4
NVP Associates
Menlo Park,
California
| $5.36K | – | – | – |
|
|
SIA
5
SkyView Investment Advisors
Shrewsbury,
New Jersey
| $2K | – | – | – |
|
6
Wells Fargo
San Francisco,
California
| $17 | – | – | – |
|
|
HF
7
HRT Financial
New York
| – | -$56K | -2 | Closed |
|
|
8
State Street
Boston,
Massachusetts
| – | -$19.3K | -1 | Closed |
|
|
9
Vanguard Group
Malvern,
Pennsylvania
| – | -$17.3K | -1 | Closed |
|
|
10
Walleye Capital
New York
| – | -$18.5K | -1 | Closed |
|
|
GRP
11
Global Retirement Partners
San Rafael,
California
| – | -$1.32K | – | – |
|
12
JP Morgan Chase
New York
| – | -$277 | – | – |
|
13
Morgan Stanley
New York
| – | -$171 | – | – |
|
|
14
Osaic Holdings
Scottsdale,
Arizona
| – | -$12.6K | – | – |
|
15
Renaissance Technologies
New York
| – | -$7K | – | – |
|
|
VF
16
Virtu Financial
New York
| – | -$10K | – | – |
|
17
William Blair & Company
Chicago,
Illinois
| – | -$6.75K | – | – |
|
DBGI Hedge Fund Activity: Q3 2023 in Review
2 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Digital Brands Group (DBGI) for Q3 2023, worth a combined $246K — up 53% from $161K a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DBGI and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Armistice Capital, opening a new position worth an estimated $244K. The largest seller was HRT Financial, exiting entirely with an estimated $56K sold.
- 2 institutional investors held Digital Brands Group (DBGI) as of Q3 2023, down from 4 in Q2 2023.
- Funds reported $246K of Digital Brands Group stock for Q3 2023, up 53% quarter-over-quarter.
- 2 funds opened new Digital Brands Group positions in Q3 2023 and 4 closed out, a net change of -2 holders.
- The largest Digital Brands Group buyer in Q3 2023 was Armistice Capital, an estimated $244K added.
- The largest Digital Brands Group seller in Q3 2023 was HRT Financial, an estimated $56K sold.
Based on aggregated 13F filings for Q3 2023.