Designer Brands
DBI
196 hedge funds and large institutions have $3.37B invested in Designer Brands in 2013 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 73 increasing their positions, 77 reducing their positions, and 31 closing their positions.
2% more funds holding
Funds holding: 193 → 196 (+3)
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
4% more capital invested
Capital invested by funds: $3.24B → $3.37B (+$137M)
5% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 77
10% less call options, than puts
Call options by funds: $13.1M | Put options by funds: $14.5M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
111.66% less ownership
Funds ownership: 206.76% → 95.09% (-112%)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$101M |
| 2 |
HCM
Hoplite Capital Management
New York
|
+$65M |
| 3 |
HCM
Highline Capital Management
New York
|
+$47.7M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$39.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
226
First Horizon Advisors
Memphis,
Tennessee
| – | -$16K | -368 | Closed |
|
227
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -154 | Closed |
|
|
LWA
228
Lenox Wealth Advisors
New York
| – | -$2K | -46 | Closed |
|
DBI Hedge Fund Activity: Q4 2013 in Review
196 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q4 2013, worth a combined $3.37B — up 4.2% from $3.24B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DBI positions and 31 closed out — a net gain of 3 holders — while 73 added to existing stakes and 77 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $101M. The largest seller was Wellington Management Group, cutting an estimated $114M.
- 196 institutional investors held Designer Brands (DBI) as of Q4 2013, up from 193 in Q3 2013.
- Funds reported $3.37B of Designer Brands stock for Q4 2013, up 4.2% quarter-over-quarter.
- 34 funds opened new Designer Brands positions in Q4 2013 and 31 closed out, a net change of +3 holders.
- The largest Designer Brands buyer in Q4 2013 was T. Rowe Price Associates, an estimated $101M added.
- The largest Designer Brands seller in Q4 2013 was Wellington Management Group, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2013.