Designer Brands
DBI
205 hedge funds and large institutions have $470M invested in Designer Brands in 2022 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 80 reducing their positions, and 42 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more call options, than puts
Call options by funds: $5.42M | Put options by funds: $4.26M
2.19% less ownership
Funds ownership: 92.05% → 89.86% (-2.2%)
5% less funds holding
Funds holding: 216 → 205 (-11)
13% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 80
26% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 42
41% less capital invested
Capital invested by funds: $796M → $470M (-$326M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.2M |
| 2 |
CCM
Chimera Capital Management
New York
|
+$8.87M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.37M |
| 4 |
Bank of New York Mellon
New York
|
+$6.37M |
| 5 |
Walleye Capital
New York
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$12.9M |
| 2 |
BlackRock
New York
|
-$11.2M |
| 3 |
SC
Samlyn Capital
New York
|
-$11.1M |
| 4 |
Morgan Stanley
New York
|
-$8.74M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.61M |
DBI Hedge Fund Activity: Q4 2022 in Review
205 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Designer Brands (DBI) for Q4 2022, worth a combined $470M — down 41% from $796M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of DBI and 31 opened new positions — a net loss of 11 holders — while 80 trimmed existing stakes and 70 added.
The largest buyer was Invesco, adding an estimated $10.2M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $12.9M sold.
- 205 institutional investors held Designer Brands (DBI) as of Q4 2022, down from 216 in Q3 2022.
- Funds reported $470M of Designer Brands stock for Q4 2022, down 41% quarter-over-quarter.
- 31 funds opened new Designer Brands positions in Q4 2022 and 42 closed out, a net change of -11 holders.
- The largest Designer Brands buyer in Q4 2022 was Invesco, an estimated $10.2M added.
- The largest Designer Brands seller in Q4 2022 was Intrinsic Edge Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2022.