Designer Brands
DBI
167 hedge funds and large institutions have $338M invested in Designer Brands in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 57 reducing their positions, and 37 closing their positions.
2.38% more ownership
Funds ownership: 94.06% → 96.44% (+2.4%)
6% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $1.92M
0% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 57
8% less funds holding
Funds holding: 182 → 167 (-15)
18% less capital invested
Capital invested by funds: $410M → $338M (-$71.8M)
41% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$21.4M |
| 2 |
BlackRock
New York
|
+$9.25M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$4.75M |
| 4 |
SAM
Scion Asset Management
Saratoga,
California
|
+$4.05M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$9.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$7.69M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.26M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$4.51M |
| 5 |
RA
Royce & Associates
New York
|
-$3.18M |
DBI Hedge Fund Activity: Q3 2020 in Review
167 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q3 2020, worth a combined $338M — down 18% from $410M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of DBI and 22 opened new positions — a net loss of 15 holders — while 57 trimmed existing stakes and 57 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $21.4M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $9.1M.
- 167 institutional investors held Designer Brands (DBI) as of Q3 2020, down from 182 in Q2 2020.
- Funds reported $338M of Designer Brands stock for Q3 2020, down 18% quarter-over-quarter.
- 22 funds opened new Designer Brands positions in Q3 2020 and 37 closed out, a net change of -15 holders.
- The largest Designer Brands buyer in Q3 2020 was Towle & Co, an estimated $21.4M added.
- The largest Designer Brands seller in Q3 2020 was Thrivent Financial for Lutherans, an estimated $9.1M sold.
Based on aggregated 13F filings for Q3 2020.