Designer Brands
DBI
240 hedge funds and large institutions have $1.43B invested in Designer Brands in 2019 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 101 increasing their positions, 72 reducing their positions, and 63 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 72
2.92% less ownership
Funds ownership: 93.62% → 90.7% (-2.9%)
11% less funds holding
Funds holding: 271 → 240 (-31)
15% less capital invested
Capital invested by funds: $1.68B → $1.43B (-$250M)
43% less call options, than puts
Call options by funds: $9.38M | Put options by funds: $16.6M
44% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$65M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$38.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.8M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$16.6M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$33.3M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$27.5M |
| 3 |
Squarepoint
New York
|
-$24.4M |
| 4 |
Millennium Management
New York
|
-$23.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.7M |
DBI Hedge Fund Activity: Q1 2019 in Review
240 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q1 2019, worth a combined $1.43B — down 15% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of DBI and 35 opened new positions — a net loss of 28 holders — while 72 trimmed existing stakes and 101 added.
The largest buyer was Citadel Advisors, adding an estimated $65M. The largest seller was APG Asset Management, exiting entirely with an estimated $33.3M sold.
- 240 institutional investors held Designer Brands (DBI) as of Q1 2019, down from 271 in Q4 2018.
- Funds reported $1.43B of Designer Brands stock for Q1 2019, down 15% quarter-over-quarter.
- 35 funds opened new Designer Brands positions in Q1 2019 and 63 closed out, a net change of -28 holders.
- The largest Designer Brands buyer in Q1 2019 was Citadel Advisors, an estimated $65M added.
- The largest Designer Brands seller in Q1 2019 was APG Asset Management, an estimated $33.3M sold.
Based on aggregated 13F filings for Q1 2019.