Dine Brands
DIN
171 hedge funds and large institutions have $534M invested in Dine Brands in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 73 increasing their positions, 49 reducing their positions, and 48 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 49
0.71% less ownership
Funds ownership: 96.31% → 95.59% (-0.71%)
10% less funds holding
Funds holding: 189 → 171 (-18)
22% less capital invested
Capital invested by funds: $683M → $534M (-$150M)
35% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 48
73% less call options, than puts
Call options by funds: $2.03M | Put options by funds: $7.58M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$20.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.97M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.7M |
| 4 |
CC
Clearline Capital
New York
|
+$3.58M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$12.1M |
| 2 |
Goldman Sachs
New York
|
-$6.85M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.39M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.38M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.02M |
DIN Hedge Fund Activity: Q2 2024 in Review
171 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q2 2024, worth a combined $534M — down 22% from $683M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of DIN and 31 opened new positions — a net loss of 17 holders — while 49 trimmed existing stakes and 73 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $20.7M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $12.1M sold.
- 171 institutional investors held Dine Brands (DIN) as of Q2 2024, down from 189 in Q1 2024.
- Funds reported $534M of Dine Brands stock for Q2 2024, down 22% quarter-over-quarter.
- 31 funds opened new Dine Brands positions in Q2 2024 and 48 closed out, a net change of -17 holders.
- The largest Dine Brands buyer in Q2 2024 was Capital Research Global Investors, an estimated $20.7M added.
- The largest Dine Brands seller in Q2 2024 was First Eagle Investment Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2024.