Dillards
DDS
220 hedge funds and large institutions have $4.11B invested in Dillards in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 78 increasing their positions, 87 reducing their positions, and 41 closing their positions.
21% more capital invested
Capital invested by funds: $3.4B → $4.11B (+$713M)
7.32% more ownership
Funds ownership: 89.1% → 96.42% (+7.3%)
6% less funds holding
Funds holding: 235 → 220 (-15)
10% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 87
11% less call options, than puts
Call options by funds: $35.7M | Put options by funds: $40.3M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
+$83.8M |
| 2 |
RA
Royce & Associates
New York
|
+$60.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$57M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$45M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$50.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$46.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$41.4M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$36.3M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$31.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
251
Cowen Inc
New York
| – | -$242K | -2,300 | Closed |
|
|
SRAM
252
Stone Ridge Asset Management
New York
| – | -$230K | -2,188 | Closed |
|
|
CC
253
Cipher Capital
New York
| – | -$212K | -2,020 | Closed |
|
|
SI
254
Stephens Inc
Little Rock,
Arkansas
| – | -$207K | -1,970 | Closed |
|
|
CIM
255
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$121K | -1,150 | Closed |
|
|
IRS
256
Invictus RG (Singapore)
Singapore
| – | -$116K | -1,104 | Closed |
|
|
LWM
257
LBA Wealth Management
Jacksonville,
Florida
| – | -$11K | -100 | Closed |
|
|
GT
258
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$8K | -80 | Closed |
|
|
FANJ
259
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$6K | -58 | Closed |
|
|
CGT
260
Capital Guardian Trust
Los Angeles,
California
| – | -$5K | -45 | Closed |
|
261
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -41 | Closed |
|
|
BCA
262
Bray Capital Advisors
Naples,
Florida
| – | -$2K | -21 | Closed |
|
DDS Hedge Fund Activity: Q3 2015 in Review
220 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Dillards (DDS) for Q3 2015, worth a combined $4.11B — up 21% from $3.4B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DDS and 27 opened new positions — a net loss of 14 holders — while 87 trimmed existing stakes and 78 added.
The largest buyer was Greenlight Capital, adding an estimated $83.8M. The largest seller was Acadian Asset Management, cutting an estimated $50.7M.
- 220 institutional investors held Dillards (DDS) as of Q3 2015, down from 235 in Q2 2015.
- Funds reported $4.11B of Dillards stock for Q3 2015, up 21% quarter-over-quarter.
- 27 funds opened new Dillards positions in Q3 2015 and 41 closed out, a net change of -14 holders.
- The largest Dillards buyer in Q3 2015 was Greenlight Capital, an estimated $83.8M added.
- The largest Dillards seller in Q3 2015 was Acadian Asset Management, an estimated $50.7M sold.
Based on aggregated 13F filings for Q3 2015.