Vault-13

DILLARDS INC DDS

CL A · Common Stock · CUSIP 254067101 · ISIN US2540671011

Department store (clothes, shoes, accessories)

229 institutional holders +17 vs Q3 2023
8,927,8528.9m shares reported held*
$3.6bnreported value*
31 new 65 added 87 reduced 20 sold out net bought ≈ $60.9m (+200.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $403.90. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 212Q4 22: 246Q1 23: 234Q2 23: 204Q3 23: 212Q4 23: 229229Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022212
Q4 2022246
Q1 2023234
Q2 2023204
Q3 2023212
Q4 2023229

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 117 bought or addedQ4 22: 125 cut or sold outQ4 22Q1 23: 107 bought or addedQ1 23: 133 cut or sold outQ1 23Q2 23: 74 bought or addedQ2 23: 141 cut or sold outQ2 23Q3 23: 96 bought or addedQ3 23: 102 cut or sold outQ3 23Q4 23: 96 bought or addedQ4 23: 107 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117125
Q1 2023107133
Q2 202374141
Q3 202396102
Q4 202396107

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ1 23 calls: $31.3mQ1 23 puts: $9.7mQ1 23P/C 0.31Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —
Numbers
QuarterCallsPutsP/C
Q1 2023$31.3m$9.7m0.31
Q2 2023$0$0—
Q3 2023$0$0—
Q4 2023$0$0—

Biggest buyers

Alyeska Investment Group, L.P. Added +214,296+214.3k
MORGAN STANLEY Added +113,759+113.8k
Newport Trust Company, LLC Added +47,951+48.0k
GOLDMAN SACHS GROUP INC Added +36,253+36.3k
Balyasny Asset Management L.P. Added +29,909+29.9k
BlackRock Inc. Added +26,090+26.1k
Quadrature Capital Ltd New +22,348+22.3k
Point72 Asset Management, L.P. Added +22,344+22.3k
LPL Financial LLC New +21,783+21.8k
MILLENNIUM MANAGEMENT LLC Added +16,393+16.4k

Biggest sellers

DIMENSIONAL FUND ADVISORS LP Reduced -86,393-86.4k
CITADEL ADVISORS LLC Reduced -66,430-66.4k
Man Group plc Sold out -49,321-49.3k
D. E. Shaw & Co., Inc. Reduced -41,045-41.0k
SCOPUS ASSET MANAGEMENT, L.P. Sold out -40,000-40.0k
Schonfeld Strategic Advisors LLC Reduced -36,797-36.8k
TWO SIGMA INVESTMENTS, LP Reduced -31,984-32.0k
NORGES BANK Reduced -28,345-28.3k
TWINBEECH CAPITAL LP Sold out -15,219-15.2k
Qube Research & Technologies Ltd Reduced -10,706-10.7k

Biggest calls

Biggest puts

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Newport Trust Company, LLC 13G · institution filed 2025-11-12 38.8% 4.5m≈ $2.4bn 2025-11-12
DILLARD WILLIAM T II 13D · may seek influence new · filed 2026-06-05
Stated purposeThe information set forth in Item 6 of this Schedule 13D is incorporated herein by reference. Merger Agreement On June 4, 2026, the Issuer completed the transactions contemplated by that certain Agreement and Plan of Merger, dated as of March 20, 2026 (the "Original Merger Agreement," and as amended on March 25, 2026, the "Merger Agreement"), by and among the Issuer, W.D. Company, Inc., an Arkansas corporation ("WDC"), and Alex Dillard (solely in his capacity as the representative of the shareholders of WDC), including the merger of WDC with and into the Issuer (the "Merger"), with the Issuer surviving the Merger (collectively, the "Transactions"). WDC was a privately held Arkansas corporation that was organized as a family holding company to own and hold shares of Dillard's Common Stoc… Full filing
31.8% new 4.9m≈ $2.6bn 2026-06-05

Fell to 5% or below in the last year: W.D. Company, Inc. (0.0%, 2026-06-05)

Insider purchases and sales in Q4 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q1 22: 2 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 1 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 1 sellingQ4 22Q1 23: 0 buyingQ1 23: 1 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 1 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20222$4.6m0——
Q2 20221$8801$159.8k—
Q3 20220—0——
Q4 20220—1$845.0k—
Q1 20230—1$233.5k—
Q2 20230—0——
Q3 20230—1$376.8k—
Q4 20230—0——

None reported in Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Newport Trust Company, LLC 5.38% of their portfolio Washington, DC 5,002,2235.0m $2.0bn $2.0bn 5.38% Added +48.0k +47,951
2 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 545,263545.3k $220.1m $220.1m 0.06% Reduced -86.4k -86,393
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 341,935341.9k $138.0m $138.0m 0.00% Reduced -4.3k -4,277
4 BlackRock Inc. 0.00% of their portfolio New York, NY 320,097320.1k $129.2m $129.2m 0.00% Added +26.1k +26,090
5 Alyeska Investment Group, L.P. 0.62% of their portfolio CHICAGO, IL 228,899228.9k $92.4m $92.4m 0.62% Added +214.3k +214,296
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 198,140198.1k $80.0m $80.0m 0.00% Added +113.8k +113,759
7 Beacon Pointe Advisors, LLC 0.74% of their portfolio NEWPORT BEACH, CA 153,038153.0k $61.8m $61.8m 0.74% Reduced -28 -28
8 WEDGE CAPITAL MANAGEMENT L L P/NC 0.88% of their portfolio CHARLOTTE, NC 121,527121.5k $49.1m $49.1m 0.88% Added +4.9k +4,924
9 JACOBS LEVY EQUITY MANAGEMENT, INC 0.20% of their portfolio FLORHAM PARK, NJ 97,96098.0k $39.5m $39.5m 0.20% Reduced -2.6k -2,557
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 97,21997.2k $41.3m $41.3m 0.00% Reduced -4.9k -4,874
11 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 95,78495.8k $38.7m $38.7m 0.04% Added +16.4k +16,393
12 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio JUPITER, FL 84,44284.4k $34.1m $34.1m 0.13% Added +1.6k +1,602
13 Allianz Asset Management GmbH 0.06% of their portfolio MUNICH, 2M 81,34881.3k $32.8m $32.8m 0.06% Unchanged
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 79,63279.6k $32.1m $32.1m 0.00% Added +3.6k +3,608
15 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 75,70075.7k $30.6m $30.6m 0.05% Added +13.8k +13,800
16 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 71,82971.8k $29.0m $29.0m 0.04% Reduced -41.0k -41,045
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 69,07169.1k $27.9m $27.9m 0.01% Added +36.3k +36,253
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 62,84362.8k $25.4m $25.4m 0.01% Added +3.9k +3,942
19 Schonfeld Strategic Advisors LLC 0.20% of their portfolio NEW YORK, NY 59,88859.9k $24.2m $24.2m 0.20% Reduced -36.8k -36,797
20 Hexagon Capital Partners LLC 5.76% of their portfolio ROGERS, AR 59,30259.3k $23.9m $23.9m 5.76% Unchanged
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 52,22652.2k $21.1m $21.1m 0.00% Reduced -17 -17
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 48,91548.9k $19.7m $19.7m 0.00% Reduced -1.2k -1,193
23 Intrua Financial, LLC 2.68% of their portfolio Houston, TX 42,47842.5k $17.1m $17.1m 2.68% Unchanged
24 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 40,58340.6k $16.4m $16.4m 0.01% Reduced -1.2k -1,158
25 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 37,60037.6k $15.2m $15.2m 0.05% Added +22.3k +22,344
26 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 36,52636.5k $14.7m $14.7m 0.04% Added +29.9k +29,909
27 ROYCE & ASSOCIATES LP 0.13% of their portfolio New York, NY 34,43834.4k $13.9m $13.9m 0.13% Reduced -2.6k -2,600
28 Cambria Investment Management, L.P. 0.88% of their portfolio Manhattan Beach, CA 31,37031.4k $12.7m $12.7m 0.88% Reduced -9.0k -8,980
29 Horrell Capital Management, Inc. 3.55% of their portfolio LITTLE ROCK, AR 29,22429.2k $11.8m $11.8m 3.55% Added +94 +94
30 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 25,46325.5k $10.3m $10.3m 0.01% Reduced -66.4k -66,430
31 Quadrature Capital Ltd 0.16% of their portfolio LONDON, X0 22,34822.3k $9.0m $9.0m 0.16% New
32 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 21,78321.8k $8.8m $8.8m 0.01% New
33 WINMILL & CO. INC 2.79% of their portfolio WALPOLE, NH 21,53821.5k $8.7m $8.7m 2.79% Added +248 +248
34 Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio STOCKHOLM, V7 20,80020.8k $8.4m $8.4m 0.05% Reduced -9.9k -9,900
35 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 20,60020.6k $8.3m $8.3m 0.02% Reduced -6.6k -6,600
36 Moran Wealth Management, LLC 0.29% of their portfolio NAPLES, FL 20,10120.1k $8.1m $8.1m 0.29% Reduced -842 -842
37 NORGES BANK 0.00% of their portfolio OSLO, Q8 19,02019.0k $7.7m $7.7m 0.00% Reduced -28.3k -28,345
38 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 18,48418.5k $7.5m $7.5m 0.08% Added +9.1k +9,142
39 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 16,81016.8k $6.8m $6.8m 0.01% Added +4.7k +4,702
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 16,08016.1k $6.5m $6.5m 0.00% Added +7.2k +7,156
41 TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio STAMFORD, CT 15,99816.0k $6.5m $6.5m 0.09% New
42 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 15,14015.1k $6.1m $6.1m 0.00% Reduced -1.6k -1,610
43 NISA INVESTMENT ADVISORS, LLC 0.04% of their portfolio ST. LOUIS, MO 14,35214.4k $5.8m $5.8m 0.04% Added +150 +150
44 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 14,01614.0k $5.7m $5.7m 0.01% Reduced -32.0k -31,984
45 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 13,35313.4k $5.4m $5.4m 0.01% Reduced -1.9k -1,878
46 STEPHENS INC /AR/ 0.08% of their portfolio LITTLE ROCK, AR 12,09112.1k $4.9m $4.9m 0.08% Reduced -75 -75
47 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 11,85011.8k $4.8m $4.8m 0.01% Reduced -10.7k -10,706
48 ExodusPoint Capital Management, LP 0.06% of their portfolio NEW YORK, NY 11,84611.8k $4.8m $4.8m 0.06% Reduced -9.3k -9,264
49 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 11,70411.7k $4.7m $4.7m 0.00% Reduced -2.6k -2,639
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 10,99711.0k $4.4m $4.4m 0.01% Added +5.7k +5,720
51 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 10,96211.0k $4.4m $4.4m 0.00% Added +2.6k +2,566
52 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 10,84610.8k $4.4m $4.4m 0.00% Added +1.7k +1,708
53 DENALI ADVISORS LLC 1.22% of their portfolio SAN DIEGO, CA 9,9069.9k $4.0m $4.0m 1.22% Reduced -2 -2
54 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.05% of their portfolio Stamford, CT 9,5529.6k $3.9m $3.9m 0.05% Reduced -451 -451
55 HENNESSY ADVISORS INC 0.19% of their portfolio NOVATO, CA 9,2009.2k $3.7m $3.7m 0.19% Unchanged
56 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 8,3478.3k $3.4m $3.4m 0.00% Added +5.6k +5,585
57 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 7,9247.9k $3.2m $3.2m 0.01% Added +4.0k +3,977
58 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 7,8507.8k $3.2m $3.2m 0.00% Reduced -214 -214
59 Empowered Funds, LLC 0.08% of their portfolio NEWTOWN SQUARE, PA 7,6707.7k $3.1m $3.1m 0.08% Added +46 +46
60 Campbell & CO Investment Adviser LLC 0.27% of their portfolio BALTIMORE, MD 7,4647.5k $3.0m $3.0m 0.27% New
61 Unison Advisors LLC 0.33% of their portfolio PROVIDENCE, RI 7,4297.4k $3.1m $3.1m 0.33% Added +5 +5
62 Swiss National Bank 0.00% of their portfolio ZURICH, V8 7,4007.4k $3.0m $3.0m 0.00% Reduced -800 -800
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,3467.3k $3.0m $3.0m 0.00% Added +2.7k +2,747
64 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 6,9426.9k $2.8m $2.8m 0.00% Added +487 +487
65 Man Group plc 0.01% of their portfolio LONDON, X0 6,8026.8k $2.7m $2.7m 0.01% New
66 COMERICA BANK 0.01% of their portfolio DALLAS, TX 6,7556.8k $2.7m $2.7m 0.01% Added +176 +176
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,3696.4k $2.6m $2.6m 0.00% Added +544 +544
68 Brandywine Global Investment Management, LLC 0.02% of their portfolio PHILADELPHIA, PA 6,0716.1k $2.5m $2.5m 0.02% Added +3.3k +3,272
69 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 5,5435.5k $2.2m $2.2m 0.00% Reduced -471 -471
70 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,5315.5k $2.2m $2.2m 0.00% Reduced -97 -97
71 Quantbot Technologies LP 0.13% of their portfolio NEW YORK, NY 5,4975.5k $2.2m $2.2m 0.13% Added +2.8k +2,826
72 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 5,4635.5k $2.2m $2.2m 0.00% Reduced -514 -514
73 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 5,2195.2k $2.1m $2.1m 0.00% Reduced -632 -632
74 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 5,1865.2k $2.1m $2.1m 0.00% Reduced -24 -24
75 Illinois Municipal Retirement Fund 0.03% of their portfolio OAK BROOK, IL 5,1095.1k $2.1m $2.1m 0.03% Added +831 +831
76 OCCUDO QUANTITATIVE STRATEGIES LP 0.28% of their portfolio FORT LAUDERDALE, FL 5,1035.1k $2.1m $2.1m 0.28% Reduced -61 -61
77 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 5,1005.1k $2.1m $2.1m 0.00% Added +97 +97
78 Entropy Technologies, LP 0.38% of their portfolio NEW YORK, NY 5,0925.1k $2.1m $2.1m 0.38% First filing
79 STEEL GROVE CAPITAL ADVISORS, LLC 0.28% of their portfolio MEMPHIS, TN 5,0505.0k $2.0m $2.0m 0.28% New
80 Tidal Investments LLC 0.05% of their portfolio Milwaukee, WI 4,9695.0k $2.0m $2.0m 0.05% Added +3.7k +3,741
81 Edgestream Partners, L.P. 0.14% of their portfolio Princeton, NJ 4,8404.8k $2.0m $2.0m 0.14% Reduced -5.6k -5,574
82 BOULDER HILL CAPITAL MANAGEMENT LP 0.99% of their portfolio NEW YORK, NY 4,6004.6k $1.9m $1.9m 0.99% New
83 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 4,4554.5k $1.8m $1.8m 0.01% Added +89 +89
84 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,4464.4k $1.8m $1.8m 0.00% Reduced -7.2k -7,198
85 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 4,3764.4k $1.8m $1.8m 0.00% Added +1.1k +1,117
86 Legal & General Group Plc 0.00% of their portfolio London, X0 4,2754.3k $1.7m $1.7m 0.00% Reduced -7.3k -7,258
87 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 4,2594.3k $1.7m $1.7m 0.00% Added +127 +127
88 FMR LLC 0.00% of their portfolio BOSTON, MA 4,1214.1k $1.7m $1.7m 0.00% Reduced -8.3k -8,322
89 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 4,0724.1k $1.6m $1.6m 0.00% Reduced -248 -248
90 MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio BOSTON, MA 3,9323.9k $1.6m $1.6m 0.03% Reduced -12 -12
91 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 3,9063.9k $1.6m $1.6m 0.01% Reduced -3.7k -3,651
92 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 3,9013.9k $1.6m $1.6m 0.00% Reduced -197 -197
93 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 3,8013.8k $1.5m $1.5m 0.00% Reduced -2.5k -2,509
94 DUALITY ADVISERS, LP 0.16% of their portfolio MIAMI, FL 3,7803.8k $1.5m $1.5m 0.16% Added +248 +248
95 Stratos Wealth Advisors, LLC 0.08% of their portfolio BEACHWOOD, OH 3,5183.5k $1.4m $1.4m 0.08% Added +128 +128
96 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 3,2873.3k $1.3m $1.3m 0.00% Reduced -41 -41
97 MAVERICK CAPITAL LTD 0.03% of their portfolio DALLAS, TX 3,2463.2k $1.3m $1.3m 0.03% New
98 Handelsbanken Fonder AB 0.01% of their portfolio STOCKHOLM, V7 2,6002.6k $1.0m $1.0m 0.01% New
99 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,5882.6k $1.0m $1.0m 0.00% Added +2.5k +2,494
100 PINEBRIDGE INVESTMENTS, L.P. 0.01% of their portfolio NEW YORK, NY 2,5472.5k $1.0m $1.0m 0.01% Added +974 +974