Designer Brands
DBI
212 hedge funds and large institutions have $1.99B invested in Designer Brands in 2014 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 83 increasing their positions, 52 reducing their positions, and 48 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 52
46% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 48
11% more funds holding
Funds holding: 191 → 212 (+21)
2% more call options, than puts
Call options by funds: $31.3M | Put options by funds: $30.6M
6.46% less ownership
Funds ownership: 92.51% → 86.05% (-6.5%)
28% less capital invested
Capital invested by funds: $2.76B → $1.99B (-$762M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$53.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$46.7M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$37.2M |
| 5 |
Jennison Associates
New York
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$338M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$249M |
| 3 |
HCM
Hoplite Capital Management
New York
|
-$117M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$71.5M |
| 5 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$28.7M |
DBI Hedge Fund Activity: Q2 2014 in Review
212 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q2 2014, worth a combined $1.99B — down 28% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new DBI positions and 48 closed out — a net gain of 22 holders — while 83 added to existing stakes and 52 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $92.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $338M.
- 212 institutional investors held Designer Brands (DBI) as of Q2 2014, up from 191 in Q1 2014.
- Funds reported $1.99B of Designer Brands stock for Q2 2014, down 28% quarter-over-quarter.
- 70 funds opened new Designer Brands positions in Q2 2014 and 48 closed out, a net change of +22 holders.
- The largest Designer Brands buyer in Q2 2014 was Fidelity Investments, an estimated $92.5M added.
- The largest Designer Brands seller in Q2 2014 was T. Rowe Price Associates, an estimated $338M sold.
Based on aggregated 13F filings for Q2 2014.