1stdibs.com
DIBS
80 hedge funds and large institutions have $84.2M invested in 1stdibs.com in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 14 closing their positions.
1,198% more call options, than puts
Call options by funds: $597K | Put options by funds: $46K
94% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 16
0.5% more ownership
Funds ownership: 53.51% → 54% (+0.5%)
5% less funds holding
Funds holding: 84 → 80 (-4)
20% less capital invested
Capital invested by funds: $106M → $84.2M (-$21.6M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMO
Beck Mack & Oliver
New York
|
+$1.91M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$938K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$615K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$521K |
| 5 |
2C
272 Capital
Dallas,
Texas
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glynn Capital Management
Menlo Park,
California
|
-$1.84M |
| 2 |
MC
Metavasi Capital
Larchmont,
New York
|
-$1.37M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$779K |
| 4 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$712K |
| 5 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$541K |
DIBS Hedge Fund Activity: Q1 2023 in Review
80 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in 1stdibs.com (DIBS) for Q1 2023, worth a combined $84.2M — down 20% from $106M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DIBS and 10 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 31 added.
The largest buyer was Beck Mack & Oliver, adding an estimated $1.91M. The largest seller was Glynn Capital Management, cutting an estimated $1.84M.
- 80 institutional investors held 1stdibs.com (DIBS) as of Q1 2023, down from 84 in Q4 2022.
- Funds reported $84.2M of 1stdibs.com stock for Q1 2023, down 20% quarter-over-quarter.
- 10 funds opened new 1stdibs.com positions in Q1 2023 and 14 closed out, a net change of -4 holders.
- The largest 1stdibs.com buyer in Q1 2023 was Beck Mack & Oliver, an estimated $1.91M added.
- The largest 1stdibs.com seller in Q1 2023 was Glynn Capital Management, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2023.