Dine Brands
DIN
155 hedge funds and large institutions have $428M invested in Dine Brands in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 46 reducing their positions, and 62 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 46
15.63% less ownership
Funds ownership: 106.12% → 90.49% (-16%)
17% less funds holding
Funds holding: 187 → 155 (-32)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less call options, than puts
Call options by funds: $5.18M | Put options by funds: $8.01M
47% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 62
71% less capital invested
Capital invested by funds: $1.49B → $428M (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$18.6M |
| 2 |
NPCM
North Peak Capital Management
New York
|
+$17M |
| 3 |
Millennium Management
New York
|
+$9.13M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$8.29M |
| 5 |
CC
Clearline Capital
New York
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$135M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$55.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$37.7M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$20.9M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$17.3M |
DIN Hedge Fund Activity: Q1 2020 in Review
155 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q1 2020, worth a combined $428M — down 71% from $1.49B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of DIN and 33 opened new positions — a net loss of 29 holders — while 46 trimmed existing stakes and 52 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $18.6M. The largest seller was Capital Research Global Investors, cutting an estimated $135M.
- 155 institutional investors held Dine Brands (DIN) as of Q1 2020, down from 187 in Q4 2019.
- Funds reported $428M of Dine Brands stock for Q1 2020, down 71% quarter-over-quarter.
- 33 funds opened new Dine Brands positions in Q1 2020 and 62 closed out, a net change of -29 holders.
- The largest Dine Brands buyer in Q1 2020 was HighTower Advisors, an estimated $18.6M added.
- The largest Dine Brands seller in Q1 2020 was Capital Research Global Investors, an estimated $135M sold.
Based on aggregated 13F filings for Q1 2020.