Dine Brands
DIN
163 hedge funds and large institutions have $832M invested in Dine Brands in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 62 reducing their positions, and 32 closing their positions.
7% more call options, than puts
Call options by funds: $5.18M | Put options by funds: $4.84M
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 166 → 163 (-3)
4.41% less ownership
Funds ownership: 96.51% → 92.1% (-4.4%)
18% less capital invested
Capital invested by funds: $1.02B → $832M (-$187M)
24% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 62
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$7.14M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.49M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$4.14M |
| 5 |
BlackRock
New York
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
-$47.5M |
| 2 |
Millennium Management
New York
|
-$7.67M |
| 3 |
JP Morgan Chase
New York
|
-$7.15M |
| 4 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
-$6.41M |
| 5 |
Walleye Capital
New York
|
-$5.25M |
DIN Hedge Fund Activity: Q2 2023 in Review
163 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q2 2023, worth a combined $832M — down 18% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of DIN and 29 opened new positions — a net loss of 3 holders — while 62 trimmed existing stakes and 47 added.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $7.14M. The largest seller was Simcoe Capital Management, exiting entirely with an estimated $47.5M sold.
- 163 institutional investors held Dine Brands (DIN) as of Q2 2023, down from 166 in Q1 2023.
- Funds reported $832M of Dine Brands stock for Q2 2023, down 18% quarter-over-quarter.
- 29 funds opened new Dine Brands positions in Q2 2023 and 32 closed out, a net change of -3 holders.
- The largest Dine Brands buyer in Q2 2023 was First Eagle Investment Management, an estimated $7.14M added.
- The largest Dine Brands seller in Q2 2023 was Simcoe Capital Management, an estimated $47.5M sold.
Based on aggregated 13F filings for Q2 2023.