Designer Brands
DBI
185 hedge funds and large institutions have $315M invested in Designer Brands in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 60 increasing their positions, 62 reducing their positions, and 43 closing their positions.
147% more call options, than puts
Call options by funds: $4.65M | Put options by funds: $1.88M
3% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 62
4% less funds holding
Funds holding: 192 → 185 (-7)
3.91% less ownership
Funds ownership: 102.77% → 98.86% (-3.9%)
12% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 43
70% less capital invested
Capital invested by funds: $1.04B → $315M (-$725M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$15M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$10.5M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
+$8.24M |
| 4 |
GF
Goodman Financial
Houston,
Texas
|
+$6.42M |
| 5 |
Millennium Management
New York
|
+$6.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$23.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.7M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$12.6M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$8.28M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$7.24M |
DBI Hedge Fund Activity: Q1 2020 in Review
185 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q1 2020, worth a combined $315M — down 70% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of DBI and 38 opened new positions — a net loss of 5 holders — while 62 trimmed existing stakes and 60 added.
The largest buyer was Investment Counselors of Maryland, adding an estimated $15M. The largest seller was Brown Advisory, exiting entirely with an estimated $23.3M sold.
- 185 institutional investors held Designer Brands (DBI) as of Q1 2020, down from 192 in Q4 2019.
- Funds reported $315M of Designer Brands stock for Q1 2020, down 70% quarter-over-quarter.
- 38 funds opened new Designer Brands positions in Q1 2020 and 43 closed out, a net change of -5 holders.
- The largest Designer Brands buyer in Q1 2020 was Investment Counselors of Maryland, an estimated $15M added.
- The largest Designer Brands seller in Q1 2020 was Brown Advisory, an estimated $23.3M sold.
Based on aggregated 13F filings for Q1 2020.