Dine Brands
DIN
140 hedge funds and large institutions have $1.22B invested in Dine Brands in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 37 reducing their positions, and 19 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 37
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0.28% more ownership
Funds ownership: 92.22% → 92.51% (+0.28%)
1% less capital invested
Capital invested by funds: $1.23B → $1.22B (-$7.46M)
8% less call options, than puts
Call options by funds: $5.6M | Put options by funds: $6.12M
1% less funds holding
Funds holding: 142 → 140 (-2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$13M |
| 2 |
TCA
Taconic Capital Advisors
New York
|
+$12M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.6M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$10.3M |
| 5 |
ZDA
Zweig-DiMenna Associates
New York
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scout Capital Management
New York
|
-$88.2M |
| 2 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$15.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.71M |
| 4 |
HT
HAP Trading
New York
|
-$5.43M |
| 5 |
CCM
Cadian Capital Management
New York
|
-$4.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
151
Paloma Partners
Greenwich,
Connecticut
| – | -$727K | -10,555 | Closed |
|
152
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$488K | -7,090 | Closed |
|
|
MSU
153
Maple Securities USA
Jersey City,
New Jersey
| – | -$380K | -5,512 | Closed |
|
|
MA
154
MUFG Americas
New York
| – | -$296K | -4,301 | Closed |
|
|
RCM
155
Reynolds Capital Management
Las Vegas,
Nevada
| – | -$290K | -4,200 | Closed |
|
|
SCA
156
SAC Capital Advisors
Stamford,
Connecticut
| – | -$278K | -4,040 | Closed |
|
|
PAM
157
Panagora Asset Management
Boston,
Massachusetts
| – | -$55K | -798 | Closed |
|
158
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$48K | -700 | Closed |
|
|
OMCS
159
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$21K | -300 | Closed |
|
DIN Hedge Fund Activity: Q3 2013 in Review
140 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q3 2013, worth a combined $1.22B — down 0.61% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DIN positions and 19 closed out — a net gain of 1 holder — while 60 added to existing stakes and 37 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $13M. The largest seller was Scout Capital Management, exiting entirely with an estimated $88.2M sold.
- 140 institutional investors held Dine Brands (DIN) as of Q3 2013, down from 142 in Q2 2013.
- Funds reported $1.22B of Dine Brands stock for Q3 2013, down 0.61% quarter-over-quarter.
- 20 funds opened new Dine Brands positions in Q3 2013 and 19 closed out, a net change of +1 holder.
- The largest Dine Brands buyer in Q3 2013 was AllianceBernstein, an estimated $13M added.
- The largest Dine Brands seller in Q3 2013 was Scout Capital Management, an estimated $88.2M sold.
Based on aggregated 13F filings for Q3 2013.