Dine Brands
DIN
158 hedge funds and large institutions have $713M invested in Dine Brands in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.6% more ownership
Funds ownership: 92.1% → 92.7% (+0.6%)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
3% less funds holding
Funds holding: 163 → 158 (-5)
14% less capital invested
Capital invested by funds: $832M → $713M (-$119M)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
48% less call options, than puts
Call options by funds: $2.44M | Put options by funds: $4.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.99M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.35M |
| 3 |
Millennium Management
New York
|
+$4.12M |
| 4 |
Two Sigma Investments
New York
|
+$3.32M |
| 5 |
First Eagle Investment Management
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$6.41M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$5.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.93M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.98M |
DIN Hedge Fund Activity: Q3 2023 in Review
158 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q3 2023, worth a combined $713M — down 14% from $832M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of DIN and 21 opened new positions — a net loss of 5 holders — while 59 trimmed existing stakes and 54 added.
The largest buyer was AllianceBernstein, adding an estimated $8.99M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $6.6M sold.
- 158 institutional investors held Dine Brands (DIN) as of Q3 2023, down from 163 in Q2 2023.
- Funds reported $713M of Dine Brands stock for Q3 2023, down 14% quarter-over-quarter.
- 21 funds opened new Dine Brands positions in Q3 2023 and 26 closed out, a net change of -5 holders.
- The largest Dine Brands buyer in Q3 2023 was AllianceBernstein, an estimated $8.99M added.
- The largest Dine Brands seller in Q3 2023 was Arrowstreet Capital, an estimated $6.6M sold.
Based on aggregated 13F filings for Q3 2023.