Designer Brands
DBI
201 hedge funds and large institutions have $1.44B invested in Designer Brands in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 75 increasing their positions, 63 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
19% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 63
6% more funds holding
Funds holding: 189 → 201 (+12)
3.58% less ownership
Funds ownership: 98.44% → 94.86% (-3.6%)
7% less capital invested
Capital invested by funds: $1.55B → $1.44B (-$108M)
47% less call options, than puts
Call options by funds: $3.47M | Put options by funds: $6.5M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$46.9M |
| 2 |
FIM
Foresters Investment Management
New York
|
+$22.2M |
| 3 |
Millennium Management
New York
|
+$17.4M |
| 4 |
Morgan Stanley
New York
|
+$16.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$41.2M |
| 2 |
Jennison Associates
New York
|
-$25.6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.7M |
| 5 |
GC
Greenlight Capital
New York
|
-$15.9M |
DBI Hedge Fund Activity: Q3 2016 in Review
201 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q3 2016, worth a combined $1.44B — down 7% from $1.55B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DBI positions and 28 closed out — a net gain of 13 holders — while 75 added to existing stakes and 63 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $46.9M. The largest seller was Wells Fargo, cutting an estimated $41.2M.
- 201 institutional investors held Designer Brands (DBI) as of Q3 2016, up from 189 in Q2 2016.
- Funds reported $1.44B of Designer Brands stock for Q3 2016, down 7% quarter-over-quarter.
- 41 funds opened new Designer Brands positions in Q3 2016 and 28 closed out, a net change of +13 holders.
- The largest Designer Brands buyer in Q3 2016 was Adage Capital Partners, an estimated $46.9M added.
- The largest Designer Brands seller in Q3 2016 was Wells Fargo, an estimated $41.2M sold.
Based on aggregated 13F filings for Q3 2016.