Dine Brands
DIN
162 hedge funds and large institutions have $748M invested in Dine Brands in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 78 increasing their positions, 39 reducing their positions, and 31 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 39
3.34% more ownership
Funds ownership: 91.15% → 94.5% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 173 → 162 (-11)
15% less capital invested
Capital invested by funds: $885M → $748M (-$137M)
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
56% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $30.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.2M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$8.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.54M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.64M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
AHL Partners
London,
United Kingdom
|
-$6.93M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.7M |
| 3 |
TM
Tiger Management
New York
|
-$5.89M |
| 4 |
Morgan Stanley
New York
|
-$5.28M |
| 5 |
Millennium Management
New York
|
-$4.06M |
DIN Hedge Fund Activity: Q2 2017 in Review
162 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q2 2017, worth a combined $748M — down 15% from $885M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of DIN and 21 opened new positions — a net loss of 10 holders — while 39 trimmed existing stakes and 78 added.
The largest buyer was Fidelity Investments, adding an estimated $50.2M. The largest seller was AHL Partners, cutting an estimated $6.93M.
- 162 institutional investors held Dine Brands (DIN) as of Q2 2017, down from 173 in Q1 2017.
- Funds reported $748M of Dine Brands stock for Q2 2017, down 15% quarter-over-quarter.
- 21 funds opened new Dine Brands positions in Q2 2017 and 31 closed out, a net change of -10 holders.
- The largest Dine Brands buyer in Q2 2017 was Fidelity Investments, an estimated $50.2M added.
- The largest Dine Brands seller in Q2 2017 was AHL Partners, an estimated $6.93M sold.
Based on aggregated 13F filings for Q2 2017.