Dillards
DDS
203 hedge funds and large institutions have $3.96B invested in Dillards in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 79 increasing their positions, 75 reducing their positions, and 31 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 75
2.95% less ownership
Funds ownership: 95.98% → 93.03% (-3%)
6% less funds holding
Funds holding: 215 → 203 (-12)
10% less capital invested
Capital invested by funds: $4.39B → $3.96B (-$428M)
11% less call options, than puts
Call options by funds: $129M | Put options by funds: $144M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$47.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$32.5M |
| 3 |
JP Morgan Chase
New York
|
+$26.1M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$20.3M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Axon Capital
New York
|
-$100M |
| 2 |
Renaissance Technologies
New York
|
-$39.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$29.1M |
| 4 |
ETC
Evercore Trust Company
New York
|
-$26.7M |
| 5 |
Two Sigma Advisers
New York
|
-$26.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Nomura Holdings
Tokyo,
Japan
| – | -$820K | -7,036 | Closed |
|
|
HCM
227
Highbridge Capital Management
New York
| – | -$722K | -6,192 | Closed |
|
|
SC
228
Saiers Capital
New York
| – | -$682K | -5,847 | Closed |
|
229
Parallax Volatility Advisers
San Francisco,
California
| – | -$432K | -3,716 | Closed |
|
|
TH
230
Timber Hill
Greenwich,
Connecticut
| – | -$360K | -3,098 | Closed |
|
|
LCM
231
Landscape Capital Management
Englewood,
New Jersey
| – | -$303K | -2,600 | Closed |
|
|
SAM
232
Silphium Asset Management
London,
United Kingdom
| – | -$233K | -2,000 | Closed |
|
|
IGIM
233
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$29K | -252 | Closed |
|
|
BRWA
234
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$382 | -3 | Closed |
|
DDS Hedge Fund Activity: Q3 2014 in Review
203 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Dillards (DDS) for Q3 2014, worth a combined $3.96B — down 9.8% from $4.39B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of DDS and 20 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 79 added.
The largest buyer was Bank of Montreal, adding an estimated $47.5M. The largest seller was Axon Capital, exiting entirely with an estimated $100M sold.
- 203 institutional investors held Dillards (DDS) as of Q3 2014, down from 215 in Q2 2014.
- Funds reported $3.96B of Dillards stock for Q3 2014, down 9.8% quarter-over-quarter.
- 20 funds opened new Dillards positions in Q3 2014 and 31 closed out, a net change of -11 holders.
- The largest Dillards buyer in Q3 2014 was Bank of Montreal, an estimated $47.5M added.
- The largest Dillards seller in Q3 2014 was Axon Capital, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2014.