Dick's Sporting Goods
590 hedge funds and large institutions have $7.81B invested in Dick's Sporting Goods in 2023 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 214 increasing their positions, 176 reducing their positions, and 73 closing their positions.
45% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 73
22% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 176
6% more funds holding
Funds holding: 558 → 590 (+32)
6.07% less ownership
Funds ownership: 100.39% → 94.31% (-6.1%)
8% less capital invested
Capital invested by funds: $8.51B → $7.81B (-$699M)
40% less call options, than puts
Call options by funds: $323M | Put options by funds: $536M
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$67.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.8M |
| 3 |
Man Group
London,
United Kingdom
|
+$49M |
| 4 |
Holocene Advisors
New York
|
+$40.4M |
| 5 |
State Street
Boston,
Massachusetts
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$178M |
| 2 |
D.E. Shaw & Co
New York
|
-$110M |
| 3 |
AM
Atreides Management
Boston,
Massachusetts
|
-$103M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$57.9M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$54.5M |
DKS Hedge Fund Activity: Q2 2023 in Review
590 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Dick's Sporting Goods (DKS) for Q2 2023, worth a combined $7.81B — down 8.2% from $8.51B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new DKS positions and 73 closed out — a net gain of 33 holders — while 214 added to existing stakes and 176 trimmed.
The largest buyer was BlackRock, adding an estimated $67.7M. The largest seller was Lone Pine Capital, cutting an estimated $178M.
- 590 institutional investors held Dick's Sporting Goods (DKS) as of Q2 2023, up from 558 in Q1 2023.
- Funds reported $7.81B of Dick's Sporting Goods stock for Q2 2023, down 8.2% quarter-over-quarter.
- 106 funds opened new Dick's Sporting Goods positions in Q2 2023 and 73 closed out, a net change of +33 holders.
- The largest Dick's Sporting Goods buyer in Q2 2023 was BlackRock, an estimated $67.7M added.
- The largest Dick's Sporting Goods seller in Q2 2023 was Lone Pine Capital, an estimated $178M sold.
Based on aggregated 13F filings for Q2 2023.