Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Funds Lose Big on Dillards $DDS, Low Retail Margin Reports

Dillard’s Inc (DDS) fell over 13% in trading on Friday after its retail gross margin fell short of analyst estimates. The share fell from $55.17 at close Thursday to $47.74 at 3:38pm EST Friday in spite of the fact the company also reported an 85% increase in quarterly net income and a 5% rise in same store sales.

Mason Hawkins

The following hedge funds lost the most:

1. Southeastern Asset Management – Mason Hawkins: Lost $27.7 million

2. Buckingham Capital Management – David Keidan: Lost $7.1 million

3. Bridgewater Associates – Ray Dalio: Lost $4.1 million

4. Royce & Associates – Chuck Royce: Lost $3.7 million

5. Renaissance Technologies – Jim Simons: Lost $2.7 million

6. Capital Growth Management – Ken Heebner: Lost $1.9 million

7. Balyasny Asset Management – Dmitry Balyasny: Lost $1.7 million

8. Sac Capital Advisors – Steven Cohen: Lost $1.5 million

9. Caxton Associates Lp – Bruce Kovner: Lost $1.1 million

DISCLAIMER: These calculations assume that these hedge funds did not increase or reduce their stock positions in DDS since the end of June. We did not take into account their option positions.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!