Dine Brands
DIN
166 hedge funds and large institutions have $1.02B invested in Dine Brands in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 61 reducing their positions, and 35 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more capital invested
Capital invested by funds: $967M → $1.02B (+$51.5M)
1.04% more ownership
Funds ownership: 95.47% → 96.51% (+1%)
4% less funds holding
Funds holding: 173 → 166 (-7)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
24% less call options, than puts
Call options by funds: $6.02M | Put options by funds: $7.97M
26% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$40.3M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$7.76M |
| 3 |
Millennium Management
New York
|
+$7.12M |
| 4 |
Walleye Capital
New York
|
+$5.71M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.3M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$14.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.3M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.46M |
DIN Hedge Fund Activity: Q1 2023 in Review
166 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q1 2023, worth a combined $1.02B — up 5.3% from $967M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of DIN and 30 opened new positions — a net loss of 5 holders — while 61 trimmed existing stakes and 45 added.
The largest buyer was LSV Asset Management, adding an estimated $40.3M. The largest seller was Arrowstreet Capital, cutting an estimated $23.3M.
- 166 institutional investors held Dine Brands (DIN) as of Q1 2023, down from 173 in Q4 2022.
- Funds reported $1.02B of Dine Brands stock for Q1 2023, up 5.3% quarter-over-quarter.
- 30 funds opened new Dine Brands positions in Q1 2023 and 35 closed out, a net change of -5 holders.
- The largest Dine Brands buyer in Q1 2023 was LSV Asset Management, an estimated $40.3M added.
- The largest Dine Brands seller in Q1 2023 was Arrowstreet Capital, an estimated $23.3M sold.
Based on aggregated 13F filings for Q1 2023.