Designer Brands
DBI
183 hedge funds and large institutions have $444M invested in Designer Brands in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 73 reducing their positions, and 43 closing their positions.
0.98% more ownership
Funds ownership: 89.86% → 90.83% (+0.98%)
4% less call options, than puts
Call options by funds: $4.3M | Put options by funds: $4.48M
6% less capital invested
Capital invested by funds: $470M → $444M (-$26.4M)
11% less funds holding
Funds holding: 205 → 183 (-22)
16% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 73
40% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 43
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.74M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$7.51M |
| 3 |
ER
EVR Research
Richmond,
Virginia
|
+$6.91M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.6M |
| 5 |
Morgan Stanley
New York
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chimera Capital Management
New York
|
-$9.45M |
| 2 |
Bank of New York Mellon
New York
|
-$4.69M |
| 3 |
Walleye Capital
New York
|
-$4.49M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.31M |
| 5 |
Two Sigma Advisers
New York
|
-$3.14M |
DBI Hedge Fund Activity: Q1 2023 in Review
183 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q1 2023, worth a combined $444M — down 5.6% from $470M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of DBI and 26 opened new positions — a net loss of 17 holders — while 73 trimmed existing stakes and 61 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $7.74M. The largest seller was Chimera Capital Management, exiting entirely with an estimated $9.45M sold.
- 183 institutional investors held Designer Brands (DBI) as of Q1 2023, down from 205 in Q4 2022.
- Funds reported $444M of Designer Brands stock for Q1 2023, down 5.6% quarter-over-quarter.
- 26 funds opened new Designer Brands positions in Q1 2023 and 43 closed out, a net change of -17 holders.
- The largest Designer Brands buyer in Q1 2023 was Balyasny Asset Management, an estimated $7.74M added.
- The largest Designer Brands seller in Q1 2023 was Chimera Capital Management, an estimated $9.45M sold.
Based on aggregated 13F filings for Q1 2023.