Designer Brands
DBI
185 hedge funds and large institutions have $551M invested in Designer Brands in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 63 increasing their positions, 61 reducing their positions, and 32 closing their positions.
136% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $8.69M
24% more capital invested
Capital invested by funds: $444M → $551M (+$108M)
3.17% more ownership
Funds ownership: 90.83% → 94% (+3.2%)
1% more funds holding
Funds holding: 183 → 185 (+2)
6% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 32
3% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 61
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$21.9M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$13.6M |
| 3 |
Rockefeller Capital Management
New York
|
+$7.71M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.16M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ER
EVR Research
Richmond,
Virginia
|
-$6.27M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.38M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.65M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$4.55M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.39M |
DBI Hedge Fund Activity: Q2 2023 in Review
185 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q2 2023, worth a combined $551M — up 24% from $444M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DBI positions and 32 closed out — a net gain of 2 holders — while 63 added to existing stakes and 61 trimmed.
The largest buyer was Millennium Management, adding an estimated $21.9M. The largest seller was EVR Research, cutting an estimated $6.27M.
- 185 institutional investors held Designer Brands (DBI) as of Q2 2023, up from 183 in Q1 2023.
- Funds reported $551M of Designer Brands stock for Q2 2023, up 24% quarter-over-quarter.
- 34 funds opened new Designer Brands positions in Q2 2023 and 32 closed out, a net change of +2 holders.
- The largest Designer Brands buyer in Q2 2023 was Millennium Management, an estimated $21.9M added.
- The largest Designer Brands seller in Q2 2023 was EVR Research, an estimated $6.27M sold.
Based on aggregated 13F filings for Q2 2023.