Designer Brands
DBI
227 hedge funds and large institutions have $2.49B invested in Designer Brands in 2015 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 65 reducing their positions, and 31 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 65
42% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $14.5M
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
4% more funds holding
Funds holding: 219 → 227 (+8)
3.2% more ownership
Funds ownership: 88.88% → 92.08% (+3.2%)
6% less capital invested
Capital invested by funds: $2.65B → $2.49B (-$160M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$47.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$36.8M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$26.8M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$25.6M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$133M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$34.4M |
| 3 |
TA
Teachers Advisors
New York
|
-$34M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$23.6M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$21.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPC
251
Banque Pictet & Cie
Geneva 73,
Switzerland
| – | -$367K | -9,963 | Closed |
|
252
Rafferty Asset Management
New York
| – | -$326K | -8,844 | Closed |
|
|
BGA
253
Belmont Global Advisors
Dallas,
Texas
| – | -$310K | -8,400 | Closed |
|
|
GCA
254
Gideon Capital Advisors
New York
| – | -$270K | -7,315 | Closed |
|
255
Acadian Asset Management
Boston,
Massachusetts
| – | -$96K | -2,611 | Closed |
|
|
RBA
256
Richard Bernstein Advisors
New York
| – | -$72K | -1,950 | Closed |
|
|
ONB
257
Old National Bancorp
Evansville,
Indiana
| – | -$34K | -910 | Closed |
|
258
Creative Planning
Overland Park,
Kansas
| – | -$21K | -560 | Closed |
|
|
FHA
259
First Horizon Advisors
Memphis,
Tennessee
| – | -$8K | -230 | Closed |
|
DBI Hedge Fund Activity: Q2 2015 in Review
227 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q2 2015, worth a combined $2.49B — down 6.1% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DBI positions and 31 closed out — a net gain of 10 holders — while 102 added to existing stakes and 65 trimmed.
The largest buyer was Jennison Associates, adding an estimated $47.1M. The largest seller was Citadel Advisors, cutting an estimated $133M.
- 227 institutional investors held Designer Brands (DBI) as of Q2 2015, up from 219 in Q1 2015.
- Funds reported $2.49B of Designer Brands stock for Q2 2015, down 6.1% quarter-over-quarter.
- 41 funds opened new Designer Brands positions in Q2 2015 and 31 closed out, a net change of +10 holders.
- The largest Designer Brands buyer in Q2 2015 was Jennison Associates, an estimated $47.1M added.
- The largest Designer Brands seller in Q2 2015 was Citadel Advisors, an estimated $133M sold.
Based on aggregated 13F filings for Q2 2015.