Designer Brands
DBI
207 hedge funds and large institutions have $2.1B invested in Designer Brands in 2014 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 66 increasing their positions, 80 reducing their positions, and 50 closing their positions.
42% more call options, than puts
Call options by funds: $29.9M | Put options by funds: $21.1M
5% more capital invested
Capital invested by funds: $1.99B → $2.1B (+$103M)
0.42% less ownership
Funds ownership: 86.05% → 85.62% (-0.42%)
8% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 50
2% less funds holding
Funds holding: 212 → 207 (-5)
18% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 80
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$76.2M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$45.5M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$37.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.3M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$59M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$24.6M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$20.9M |
DBI Hedge Fund Activity: Q3 2014 in Review
207 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q3 2014, worth a combined $2.1B — up 5.2% from $1.99B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of DBI and 46 opened new positions — a net loss of 4 holders — while 80 trimmed existing stakes and 66 added.
The largest buyer was Royce & Associates, adding an estimated $76.2M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $59M sold.
- 207 institutional investors held Designer Brands (DBI) as of Q3 2014, down from 212 in Q2 2014.
- Funds reported $2.1B of Designer Brands stock for Q3 2014, up 5.2% quarter-over-quarter.
- 46 funds opened new Designer Brands positions in Q3 2014 and 50 closed out, a net change of -4 holders.
- The largest Designer Brands buyer in Q3 2014 was Royce & Associates, an estimated $76.2M added.
- The largest Designer Brands seller in Q3 2014 was Cramer Rosenthal McGlynn, an estimated $59M sold.
Based on aggregated 13F filings for Q3 2014.