Designer Brands
DBI
271 hedge funds and large institutions have $1.68B invested in Designer Brands in 2018 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 92 increasing their positions, 95 reducing their positions, and 57 closing their positions.
48% more call options, than puts
Call options by funds: $13.6M | Put options by funds: $9.18M
3% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 95
3% less funds holding
Funds holding: 280 → 271 (-9)
6.65% less ownership
Funds ownership: 100.27% → 93.62% (-6.6%)
11% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 57
32% less capital invested
Capital invested by funds: $2.46B → $1.68B (-$781M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$18.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$12.5M |
| 3 |
Millennium Management
New York
|
+$11M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$9.87M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$9.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$27.6M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$19.7M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$18.7M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$16.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.9M |
DBI Hedge Fund Activity: Q4 2018 in Review
271 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q4 2018, worth a combined $1.68B — down 32% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of DBI and 51 opened new positions — a net loss of 6 holders — while 95 trimmed existing stakes and 92 added.
The largest buyer was Renaissance Technologies, adding an estimated $18.1M. The largest seller was Two Sigma Investments, cutting an estimated $27.6M.
- 271 institutional investors held Designer Brands (DBI) as of Q4 2018, down from 280 in Q3 2018.
- Funds reported $1.68B of Designer Brands stock for Q4 2018, down 32% quarter-over-quarter.
- 51 funds opened new Designer Brands positions in Q4 2018 and 57 closed out, a net change of -6 holders.
- The largest Designer Brands buyer in Q4 2018 was Renaissance Technologies, an estimated $18.1M added.
- The largest Designer Brands seller in Q4 2018 was Two Sigma Investments, an estimated $27.6M sold.
Based on aggregated 13F filings for Q4 2018.