Designer Brands
DBI
280 hedge funds and large institutions have $2.46B invested in Designer Brands in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 88 increasing their positions, 106 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 30
30% more capital invested
Capital invested by funds: $1.89B → $2.46B (+$565M)
18% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $16.1M
8% more funds holding
Funds holding: 259 → 280 (+21)
1.06% less ownership
Funds ownership: 101.33% → 100.27% (-1.1%)
17% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$31.8M |
| 2 |
Renaissance Technologies
New York
|
+$19.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$19.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.7M |
| 5 |
Millennium Management
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.2M |
| 2 |
RA
Royce & Associates
New York
|
-$22.5M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$16.9M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$16.6M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
M&T Bank
Buffalo,
New York
| – | -$219K | -8,463 | Closed |
|
|
IUHSA
302
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$125K | -4,827 | Closed |
|
303
Envestnet Asset Management
Chicago,
Illinois
| – | -$112K | -4,293 | Closed |
|
|
AP
304
Advisors Preferred
Rockville,
Maryland
| – | -$19K | -752 | Closed |
|
305
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$13K | -510 | Closed |
|
|
MAM
306
Meeder Asset Management
Dublin,
Ohio
| – | -$12.1K | -469 | Closed |
|
|
CWA
307
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$5K | -215 | Closed |
|
|
CG
308
Cutler Group
San Francisco,
California
| – | -$1.05K | -36 | Closed |
|
DBI Hedge Fund Activity: Q3 2018 in Review
280 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q3 2018, worth a combined $2.46B — up 30% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new DBI positions and 30 closed out — a net gain of 23 holders — while 88 added to existing stakes and 106 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $31.8M. The largest seller was Dimensional Fund Advisors, cutting an estimated $23.2M.
- 280 institutional investors held Designer Brands (DBI) as of Q3 2018, up from 259 in Q2 2018.
- Funds reported $2.46B of Designer Brands stock for Q3 2018, up 30% quarter-over-quarter.
- 53 funds opened new Designer Brands positions in Q3 2018 and 30 closed out, a net change of +23 holders.
- The largest Designer Brands buyer in Q3 2018 was Goldman Sachs, an estimated $31.8M added.
- The largest Designer Brands seller in Q3 2018 was Dimensional Fund Advisors, an estimated $23.2M sold.
Based on aggregated 13F filings for Q3 2018.