Designer Brands
DBI
182 hedge funds and large institutions have $619M invested in Designer Brands in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 75 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
82% more call options, than puts
Call options by funds: $43.2M | Put options by funds: $23.8M
12% more capital invested
Capital invested by funds: $551M → $619M (+$67.3M)
2.93% more ownership
Funds ownership: 94% → 96.93% (+2.9%)
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
2% less funds holding
Funds holding: 185 → 182 (-3)
28% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$14M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.13M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$2.99M |
| 4 |
Walleye Capital
New York
|
+$2.94M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$29.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.13M |
| 3 |
BlackRock
New York
|
-$5.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.72M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
-$4.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DU
201
Delphia (USA)
Toronto,
Ontario, Canada
| – | -$116K | -11,503 | Closed |
|
|
LOAMU
202
Lombard Odier Asset Management (USA)
New York
| – | -$113K | -11,200 | Closed |
|
|
AC
203
AXQ Capital
Jersey City,
New Jersey
| – | -$104K | -10,260 | Closed |
|
|
MOACM
204
Mutual of America Capital Management
New York
| – | -$102K | -10,131 | Closed |
|
|
WT
205
Whittier Trust
South Pasadena,
California
| – | -$10K | -993 | Closed |
|
206
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$434 | -43 | Closed |
|
DBI Hedge Fund Activity: Q3 2023 in Review
182 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q3 2023, worth a combined $619M — up 12% from $551M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of DBI and 22 opened new positions — a net loss of 2 holders — while 75 trimmed existing stakes and 54 added.
The largest buyer was Pacer Advisors, adding an estimated $14M. The largest seller was Millennium Management, cutting an estimated $29.4M.
- 182 institutional investors held Designer Brands (DBI) as of Q3 2023, down from 185 in Q2 2023.
- Funds reported $619M of Designer Brands stock for Q3 2023, up 12% quarter-over-quarter.
- 22 funds opened new Designer Brands positions in Q3 2023 and 24 closed out, a net change of -2 holders.
- The largest Designer Brands buyer in Q3 2023 was Pacer Advisors, an estimated $14M added.
- The largest Designer Brands seller in Q3 2023 was Millennium Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2023.