Designer Brands
DBI
222 hedge funds and large institutions have $1.12B invested in Designer Brands in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 78 increasing their positions, 77 reducing their positions, and 46 closing their positions.
7.4% more ownership
Funds ownership: 93.59% → 100.98% (+7.4%)
2% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $18.2M
1% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 77
6% less funds holding
Funds holding: 236 → 222 (-14)
7% less capital invested
Capital invested by funds: $1.21B → $1.12B (-$87.8M)
26% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$24.1M |
| 2 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$11.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.1M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$11M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$14M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$10.7M |
| 4 |
Squarepoint
New York
|
-$7.84M |
| 5 |
Millennium Management
New York
|
-$5.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
251
Sutton Wealth Advisors
Tampa,
Florida
| – | -$21.5K | -1,123 | Closed |
|
|
RIA
252
Realta Investment Advisors
Wilmington,
Delaware
| – | -$10K | -540 | Closed |
|
253
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -490 | Closed |
|
|
W
254
WealthStone
Columbus,
Ohio
| – | -$3.81K | -198 | Closed |
|
|
HGWM
255
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$3K | -187 | Closed |
|
|
PCP
256
Proficio Capital Partners
Newton,
Massachusetts
| – | -$3K | -134 | Closed |
|
|
TFO
257
Tarbox Family Office
Newport Beach,
California
| – | -$2K | -128 | Closed |
|
|
QCG
258
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1.93K | -114 | -59% |
|
|
PMFA
259
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -109 | Closed |
|
|
CAW
260
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -58 | Closed |
|
|
RCAG
261
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$676 | -35 | Closed |
|
|
PFBT
262
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -28 | Closed |
|
DBI Hedge Fund Activity: Q3 2019 in Review
222 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q3 2019, worth a combined $1.12B — down 7.3% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of DBI and 34 opened new positions — a net loss of 12 holders — while 77 trimmed existing stakes and 78 added.
The largest buyer was Ceredex Value Advisors, opening a new position worth an estimated $24.1M. The largest seller was D.E. Shaw & Co, cutting an estimated $14M.
- 222 institutional investors held Designer Brands (DBI) as of Q3 2019, down from 236 in Q2 2019.
- Funds reported $1.12B of Designer Brands stock for Q3 2019, down 7.3% quarter-over-quarter.
- 34 funds opened new Designer Brands positions in Q3 2019 and 46 closed out, a net change of -12 holders.
- The largest Designer Brands buyer in Q3 2019 was Ceredex Value Advisors, an estimated $24.1M added.
- The largest Designer Brands seller in Q3 2019 was D.E. Shaw & Co, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2019.