Dine Brands
DIN
184 hedge funds and large institutions have $1.46B invested in Dine Brands in 2018 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 54 increasing their positions, 61 reducing their positions, and 30 closing their positions.
20% more capital invested
Capital invested by funds: $1.22B → $1.46B (+$246M)
6.16% more ownership
Funds ownership: 103.53% → 109.69% (+6.2%)
7% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 30
1% more funds holding
Funds holding: 183 → 184 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 61
50% less call options, than puts
Call options by funds: $23.2M | Put options by funds: $46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$44.6M |
| 2 |
Goldman Sachs
New York
|
+$38.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$23.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$22.2M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$20.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.7M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$19.5M |
| 5 |
Millennium Management
New York
|
-$15.4M |
DIN Hedge Fund Activity: Q2 2018 in Review
184 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q2 2018, worth a combined $1.46B — up 20% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new DIN positions and 30 closed out — a net gain of 2 holders — while 54 added to existing stakes and 61 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $44.6M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $22.2M sold.
- 184 institutional investors held Dine Brands (DIN) as of Q2 2018, up from 183 in Q1 2018.
- Funds reported $1.46B of Dine Brands stock for Q2 2018, up 20% quarter-over-quarter.
- 32 funds opened new Dine Brands positions in Q2 2018 and 30 closed out, a net change of +2 holders.
- The largest Dine Brands buyer in Q2 2018 was Victory Capital Management, an estimated $44.6M added.
- The largest Dine Brands seller in Q2 2018 was Contrarius Investment Management, an estimated $22.2M sold.
Based on aggregated 13F filings for Q2 2018.