Designer Brands
DBI
205 hedge funds and large institutions have $1B invested in Designer Brands in 2021 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 55 increasing their positions, 68 reducing their positions, and 37 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
161% more call options, than puts
Call options by funds: $22.2M | Put options by funds: $8.49M
118% more capital invested
Capital invested by funds: $460M → $1B (+$542M)
35% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 37
6% more funds holding
Funds holding: 193 → 205 (+12)
3.8% less ownership
Funds ownership: 93.01% → 89.21% (-3.8%)
19% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$13.5M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$7.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.85M |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$4.37M |
| 5 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$8.69M |
| 2 |
State Street
Boston,
Massachusetts
|
-$8.24M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$7.94M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.76M |
| 5 |
SAM
Scion Asset Management
Saratoga,
California
|
-$6.88M |
DBI Hedge Fund Activity: Q1 2021 in Review
205 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q1 2021, worth a combined $1B — up 118% from $460M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new DBI positions and 37 closed out — a net gain of 13 holders — while 55 added to existing stakes and 68 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $13.5M. The largest seller was Russell Investments Group, cutting an estimated $8.69M.
- 205 institutional investors held Designer Brands (DBI) as of Q1 2021, up from 193 in Q4 2020.
- Funds reported $1B of Designer Brands stock for Q1 2021, up 118% quarter-over-quarter.
- 50 funds opened new Designer Brands positions in Q1 2021 and 37 closed out, a net change of +13 holders.
- The largest Designer Brands buyer in Q1 2021 was Driehaus Capital Management, an estimated $13.5M added.
- The largest Designer Brands seller in Q1 2021 was Russell Investments Group, an estimated $8.69M sold.
Based on aggregated 13F filings for Q1 2021.