Designer Brands
DBI
189 hedge funds and large institutions have $1.55B invested in Designer Brands in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 92 increasing their positions, 59 reducing their positions, and 58 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 59
1.67% more ownership
Funds ownership: 96.77% → 98.44% (+1.7%)
3% more call options, than puts
Call options by funds: $5.59M | Put options by funds: $5.44M
15% less funds holding
Funds holding: 223 → 189 (-34)
21% less capital invested
Capital invested by funds: $1.96B → $1.55B (-$415M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
53% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$22.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$17.9M |
| 3 |
GC
Greenlight Capital
New York
|
+$17.3M |
| 4 |
Citigroup
New York
|
+$15.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$55.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$51.8M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$34.9M |
| 4 |
Millennium Management
New York
|
-$12.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$8.85M |
DBI Hedge Fund Activity: Q2 2016 in Review
189 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q2 2016, worth a combined $1.55B — down 21% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of DBI and 27 opened new positions — a net loss of 31 holders — while 59 trimmed existing stakes and 92 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $22.3M. The largest seller was Jennison Associates, cutting an estimated $55.7M.
- 189 institutional investors held Designer Brands (DBI) as of Q2 2016, down from 223 in Q1 2016.
- Funds reported $1.55B of Designer Brands stock for Q2 2016, down 21% quarter-over-quarter.
- 27 funds opened new Designer Brands positions in Q2 2016 and 58 closed out, a net change of -31 holders.
- The largest Designer Brands buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $22.3M added.
- The largest Designer Brands seller in Q2 2016 was Jennison Associates, an estimated $55.7M sold.
Based on aggregated 13F filings for Q2 2016.