1stdibs.com
DIBS
66 hedge funds and large institutions have $156M invested in 1stdibs.com in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 16 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
0.12% less ownership
Funds ownership: 51.33% → 51.21% (-0.12%)
8% less capital inflows, than outflows
Capital inflows: $30.1M | Capital outflows: $32.7M
3% less funds holding
Funds holding: 68 → 66 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Philosophy Capital Management
Alamo,
California
|
+$8.19M |
| 2 |
BlackRock
New York
|
+$4.95M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.25M |
| 4 |
Beck Mack & Oliver
New York
|
+$4.14M |
| 5 |
Renaissance Technologies
New York
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.8M |
| 2 |
Must Asset Management
Seoul,
South Korea
|
-$5.88M |
| 3 |
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
-$5.84M |
| 4 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$3.13M |
| 5 |
Royce & Associates
New York
|
-$953K |
DIBS Hedge Fund Activity: Q1 2022 in Review
66 of the 6,363 institutional investors tracked by Wall St. Rank reported a position in 1stdibs.com (DIBS) for Q1 2022, worth a combined $156M — down 36% from $243M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DIBS and 14 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 22 added.
The largest buyer was Philosophy Capital Management, opening a new position worth an estimated $8.19M. The largest seller was T. Rowe Price Associates, cutting an estimated $13.8M.
- 66 institutional investors held 1stdibs.com (DIBS) as of Q1 2022, down from 68 in Q4 2021.
- Funds reported $156M of 1stdibs.com stock for Q1 2022, down 36% quarter-over-quarter.
- 14 funds opened new 1stdibs.com positions in Q1 2022 and 16 closed out, a net change of -2 holders.
- The largest 1stdibs.com buyer in Q1 2022 was Philosophy Capital Management, an estimated $8.19M added.
- The largest 1stdibs.com seller in Q1 2022 was T. Rowe Price Associates, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2022.