Designer Brands
DBI
184 hedge funds and large institutions have $455M invested in Designer Brands in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 53 increasing their positions, 76 reducing their positions, and 31 closing their positions.
387% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $3.56M
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
7.63% more ownership
Funds ownership: 96.93% → 104.56% (+7.6%)
1% more funds holding
Funds holding: 182 → 184 (+2)
27% less capital invested
Capital invested by funds: $619M → $455M (-$164M)
30% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 76
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$56.4M |
| 2 |
Morgan Stanley
New York
|
+$8.19M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$5.31M |
| 4 |
Renaissance Technologies
New York
|
+$3.81M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$17.5M |
| 2 |
Rockefeller Capital Management
New York
|
-$11.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.54M |
| 4 |
BlackRock
New York
|
-$5.62M |
| 5 |
ER
EVR Research
Richmond,
Virginia
|
-$4.68M |
DBI Hedge Fund Activity: Q4 2023 in Review
184 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q4 2023, worth a combined $455M — down 27% from $619M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new DBI positions and 31 closed out — a net gain of 4 holders — while 53 added to existing stakes and 76 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $56.4M. The largest seller was William Blair Investment Management, cutting an estimated $17.5M.
- 184 institutional investors held Designer Brands (DBI) as of Q4 2023, up from 182 in Q3 2023.
- Funds reported $455M of Designer Brands stock for Q4 2023, down 27% quarter-over-quarter.
- 35 funds opened new Designer Brands positions in Q4 2023 and 31 closed out, a net change of +4 holders.
- The largest Designer Brands buyer in Q4 2023 was Pacer Advisors, an estimated $56.4M added.
- The largest Designer Brands seller in Q4 2023 was William Blair Investment Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2023.