1stdibs.com
DIBS
52 hedge funds and large institutions have $216M invested in 1stdibs.com in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 26 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
0.84% more ownership
Funds ownership: 45.57% → 46.41% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less funds holding
Funds holding: 61 → 52 (-9)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
63% less capital invested
Capital invested by funds: $589M → $216M (-$373M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
+$10.9M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$8.09M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.01M |
| 4 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$5.32M |
| 5 |
MAM
Must Asset Management
Seoul,
South Korea
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$25M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$13.8M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$4.54M |
| 4 |
Blackstone Inc
New York
|
-$4.35M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JGC
76
J. Goldman & Co
New York
| – | -$223K | -6,401 | Closed |
|
77
Man Group
London,
United Kingdom
| – | -$220K | -6,317 | Closed |
|
78
Osaic Holdings
Scottsdale,
Arizona
| – | +$275 | +15 | New |
|
DIBS Hedge Fund Activity: Q3 2021 in Review
52 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in 1stdibs.com (DIBS) for Q3 2021, worth a combined $216M — down 63% from $589M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of DIBS and 17 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 18 added.
The largest buyer was ThornTree Capital Partners, adding an estimated $10.9M. The largest seller was Fidelity Investments, cutting an estimated $25M.
- 52 institutional investors held 1stdibs.com (DIBS) as of Q3 2021, down from 61 in Q2 2021.
- Funds reported $216M of 1stdibs.com stock for Q3 2021, down 63% quarter-over-quarter.
- 17 funds opened new 1stdibs.com positions in Q3 2021 and 26 closed out, a net change of -9 holders.
- The largest 1stdibs.com buyer in Q3 2021 was ThornTree Capital Partners, an estimated $10.9M added.
- The largest 1stdibs.com seller in Q3 2021 was Fidelity Investments, an estimated $25M sold.
Based on aggregated 13F filings for Q3 2021.