1stdibs.com
DIBS
74 hedge funds and large institutions have $74.1M invested in 1stdibs.com in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 17 closing their positions.
3% more call options, than puts
Call options by funds: $61K | Put options by funds: $59K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.89% less ownership
Funds ownership: 54% → 50.12% (-3.9%)
8% less funds holding
Funds holding: 80 → 74 (-6)
12% less capital invested
Capital invested by funds: $84.2M → $74.1M (-$10.1M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
50% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.12M |
| 2 |
Millennium Management
New York
|
+$1.49M |
| 3 |
JIC
Joel Isaacson & Co
New York
|
+$806K |
| 4 |
RA
Royce & Associates
New York
|
+$692K |
| 5 |
BMO
Beck Mack & Oliver
New York
|
+$670K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.83M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.67M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.12M |
| 4 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$1M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$859K |
DIBS Hedge Fund Activity: Q2 2023 in Review
74 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in 1stdibs.com (DIBS) for Q2 2023, worth a combined $74.1M — down 12% from $84.2M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of DIBS and 11 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 13 added.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $2.12M. The largest seller was BlackRock, cutting an estimated $3.83M.
- 74 institutional investors held 1stdibs.com (DIBS) as of Q2 2023, down from 80 in Q1 2023.
- Funds reported $74.1M of 1stdibs.com stock for Q2 2023, down 12% quarter-over-quarter.
- 11 funds opened new 1stdibs.com positions in Q2 2023 and 17 closed out, a net change of -6 holders.
- The largest 1stdibs.com buyer in Q2 2023 was Portolan Capital Management, an estimated $2.12M added.
- The largest 1stdibs.com seller in Q2 2023 was BlackRock, an estimated $3.83M sold.
Based on aggregated 13F filings for Q2 2023.