Designer Brands
DBI
197 hedge funds and large institutions have $1.23B invested in Designer Brands in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 89 increasing their positions, 55 reducing their positions, and 39 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 55
3% less funds holding
Funds holding: 203 → 197 (-6)
3.8% less ownership
Funds ownership: 99.75% → 95.95% (-3.8%)
13% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 39
18% less capital invested
Capital invested by funds: $1.49B → $1.23B (-$263M)
31% less call options, than puts
Call options by funds: $5.19M | Put options by funds: $7.47M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$32.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$19.6M |
| 3 |
Morgan Stanley
New York
|
+$10.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.95M |
| 5 |
GP
GLG Partners
London,
United Kingdom
|
+$9.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$44.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.5M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
-$19.8M |
| 4 |
Goldman Sachs
New York
|
-$14.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$256K | -12,375 | Closed |
|
|
FMT
227
First Mercantile Trust
Cordova,
Tennessee
| – | -$223K | -10,790 | Closed |
|
228
ProShare Advisors
Bethesda,
Maryland
| – | -$205K | -9,903 | Closed |
|
229
Parallax Volatility Advisers
San Francisco,
California
| – | -$121K | -6,485 | Closed |
|
|
FMA
230
FNY Managed Accounts
New York
| – | -$100K | -4,840 | Closed |
|
|
SWA
231
Sutton Wealth Advisors
Tampa,
Florida
| – | -$14.6K | -707 | Closed |
|
|
HR
232
Howe & Rusling
Rochester,
New York
| – | -$11K | -509 | Closed |
|
|
GWS
233
Glassman Wealth Services
Vienna,
Virginia
| – | -$9K | -440 | Closed |
|
|
HNB
234
Huntington National Bank
Columbus,
Ohio
| – | -$4K | -177 | Closed |
|
|
AIM
235
Acrospire Investment Management
Chicago,
Illinois
| – | -$2K | -81 | Closed |
|
|
WA
236
Winfield Associates
Cleveland,
Ohio
| – | -$1K | -25 | Closed |
|
|
WAM
237
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$280 | +15 | New |
|
DBI Hedge Fund Activity: Q2 2017 in Review
197 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q2 2017, worth a combined $1.23B — down 18% from $1.49B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of DBI and 34 opened new positions — a net loss of 5 holders — while 55 trimmed existing stakes and 89 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $32.6M. The largest seller was Frontier Capital Management, cutting an estimated $44.9M.
- 197 institutional investors held Designer Brands (DBI) as of Q2 2017, down from 203 in Q1 2017.
- Funds reported $1.23B of Designer Brands stock for Q2 2017, down 18% quarter-over-quarter.
- 34 funds opened new Designer Brands positions in Q2 2017 and 39 closed out, a net change of -5 holders.
- The largest Designer Brands buyer in Q2 2017 was Dimensional Fund Advisors, an estimated $32.6M added.
- The largest Designer Brands seller in Q2 2017 was Frontier Capital Management, an estimated $44.9M sold.
Based on aggregated 13F filings for Q2 2017.