Dine Brands
DIN
140 hedge funds and large institutions have $1.48B invested in Dine Brands in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 59 increasing their positions, 46 reducing their positions, and 13 closing their positions.
86% more call options, than puts
Call options by funds: $9.24M | Put options by funds: $4.96M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 46
21% more capital invested
Capital invested by funds: $1.22B → $1.48B (+$261M)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% more ownership
Funds ownership: 92.51% → 93.51% (+1%)
0% more funds holding
Funds holding: 140 → 140 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$36.8M |
| 2 |
CC
Caspian Capital
New York
|
+$6.06M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$5.81M |
| 4 |
Bank of New York Mellon
New York
|
+$5.75M |
| 5 |
BPIM
Brant Point Investment Management
New York
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
-$14.6M |
| 2 |
Millennium Management
New York
|
-$13.2M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.3M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
-$9.91M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IRS
151
Invictus RG (Singapore)
Singapore
| – | -$38K | -551 | Closed |
|
|
TRCT
152
Tower Research Capital (TRC)
New York
| – | -$37K | -540 | Closed |
|
153
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$19K | -276 | Closed |
|
DIN Hedge Fund Activity: Q4 2013 in Review
140 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q4 2013, worth a combined $1.48B — up 21% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DIN positions and 13 closed out — a net gain of 1 holder — while 59 added to existing stakes and 46 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $36.8M. The largest seller was Taconic Capital Advisors, cutting an estimated $14.6M.
- 140 institutional investors held Dine Brands (DIN) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $1.48B of Dine Brands stock for Q4 2013, up 21% quarter-over-quarter.
- 14 funds opened new Dine Brands positions in Q4 2013 and 13 closed out, a net change of +1 holder.
- The largest Dine Brands buyer in Q4 2013 was AllianceBernstein, an estimated $36.8M added.
- The largest Dine Brands seller in Q4 2013 was Taconic Capital Advisors, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2013.