Dine Brands
DIN
174 hedge funds and large institutions have $1.61B invested in Dine Brands in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 54 reducing their positions, and 9 closing their positions.
211% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 9
92% more call options, than puts
Call options by funds: $8.67M | Put options by funds: $4.52M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
30% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 54
11% more funds holding
Funds holding: 157 → 174 (+17)
3% more capital invested
Capital invested by funds: $1.56B → $1.61B (+$43.2M)
4.07% less ownership
Funds ownership: 103.34% → 99.28% (-4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$13M |
| 2 |
TA
Teachers Advisors
New York
|
+$9.32M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.27M |
| 4 |
Millennium Management
New York
|
+$8.89M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$24.9M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$16.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$14.1M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$11.2M |
| 5 |
MC
MSD Capital
New York
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Allianz Asset Management
Munich,
Germany
| – | -$2.37M | -29,832 | Closed |
|
177
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.85M | -22,842 | Closed |
|
|
HCM
178
Highbridge Capital Management
New York
| – | -$931K | -11,709 | Closed |
|
|
PG
179
PEAK6 Group
Chicago,
Illinois
| – | -$382K | -4,809 | Closed |
|
|
HW
180
Hancock Whitney
Gulfport,
Mississippi
| – | -$342K | -4,300 | Closed |
|
|
VFA
181
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$113K | -1,420 | Closed |
|
|
FWM
182
Focused Wealth Management
Newburgh,
New York
| – | -$16K | -200 | Closed |
|
|
CAW
183
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -10 | Closed |
|
DIN Hedge Fund Activity: Q3 2014 in Review
174 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q3 2014, worth a combined $1.61B — up 2.8% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DIN positions and 9 closed out — a net gain of 19 holders — while 70 added to existing stakes and 54 trimmed.
The largest buyer was EverPoint Asset Management, opening a new position worth an estimated $13M. The largest seller was Invesco, cutting an estimated $24.9M.
- 174 institutional investors held Dine Brands (DIN) as of Q3 2014, up from 157 in Q2 2014.
- Funds reported $1.61B of Dine Brands stock for Q3 2014, up 2.8% quarter-over-quarter.
- 28 funds opened new Dine Brands positions in Q3 2014 and 9 closed out, a net change of +19 holders.
- The largest Dine Brands buyer in Q3 2014 was EverPoint Asset Management, an estimated $13M added.
- The largest Dine Brands seller in Q3 2014 was Invesco, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2014.