DILLARDS INC DDS
CL A · Common Stock · CUSIP 254067101 · ISIN US2540671011
Department store (clothes, shoes, accessories)
- SectorConsumer discretionary
- IndustryRetail-Department Stores
- HeadquartersLittle Rock, AR
- Founded1938
- Websitedillards.com
- FilingsSEC EDGAR
* 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 ($5.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $350.08. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 212 |
| Q4 2022 | 246 |
| Q1 2023 | 234 |
| Q2 2023 | 204 |
| Q3 2023 | 212 |
| Q4 2023 | 229 |
| Q1 2024 | 245 |
| Q2 2024 | 255 |
| Q3 2024 | 217 |
| Q4 2024 | 243 |
| Q1 2025 | 253 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 74 | 141 |
| Q3 2023 | 96 | 102 |
| Q4 2023 | 96 | 107 |
| Q1 2024 | 105 | 113 |
| Q2 2024 | 121 | 113 |
| Q3 2024 | 103 | 136 |
| Q4 2024 | 102 | 112 |
| Q1 2025 | 130 | 98 |
Biggest buyers
| New Vernon Capital Holdings II LLC | Added | +185.5k |
| FIRST TRUST ADVISORS LP | Added | +122.7k |
| CITADEL ADVISORS LLC | Added | +60.6k |
| BANK OF AMERICA CORP /DE/ | Added | +49.3k |
| GOLDMAN SACHS GROUP INC | Added | +28.5k |
| NORTHERN TRUST CORP | Added | +21.2k |
| Quantbot Technologies LP | Added | +17.3k |
| HRT FINANCIAL LP | New | +17.1k |
| TWINBEECH CAPITAL LP | New | +17.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +15.9k |
Biggest sellers
| Pacer Advisors, Inc. | Reduced | -314.1k |
| Alyeska Investment Group, L.P. | Sold out | -265.1k |
| VANGUARD GROUP INC | Reduced | -122.4k |
| UBS Group AG | Reduced | -115.0k |
| Newport Trust Company, LLC | Reduced | -77.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -45.7k |
| Allianz Asset Management GmbH | Reduced | -33.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -20.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -13.9k |
| Balyasny Asset Management L.P. | Sold out | -12.0k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
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.
| Holder | Stake |
|---|---|
| Newport Trust Company, LLC 13G · institution filed 2025-11-12 | 38.8% |
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% |
Fell to 5% or below in the last year: W.D. Company, Inc. (0.0%, 2026-06-05)
Insider purchases and sales in Q1 2025
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $376.8k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $588.2k | — |
| Q2 2024 | 0 | — | 1 | $171.5k | — |
| Q3 2024 | 1 | $34.7k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 2 | $446.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-03 | WATTS J C JR Director | Sold | $316.0k800 shares |
| 2025-01-14 | BOLIN TOM W VICE PRESIDENT | Sold | $130.0k300 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Newport Trust Company, LLC 4.38% of their portfolio | 4.8m $1.7bn | Reduced -77.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 369.3k $132.2m | Reduced -122.4k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 305.5k $109.4m | Reduced -13.9k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 204.5k $73.2m | Added +122.7k |
| New Vernon Capital Holdings II LLC 0.01% of their portfolio | 186.2k $520 | Added +185.5k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 177.7k $63.6m | Reduced -33.9k |
| BlackRock, Inc. 0.00% of their portfolio | 168.2k $60.2m | Reduced -284 |
| Beacon Pointe Advisors, LLC 0.61% of their portfolio | 152.6k $54.7m | Reduced -135 |
| Clientfirst Wealth Management, LLC 45.96% of their portfolio | 113.2k $40.5m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 96.7k $34.6m | Added +12.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 91.7k $32.8m | Reduced -20.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 79.3k $28.1m | Reduced -2.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 77.7k $27.8m | Added +641 |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 69.1k $24.7m | Added +60.6k |
| STATE STREET CORP 0.00% of their portfolio | 66.8k $23.9m | Reduced -561 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 66.1k $23.7m | Added +28.5k |
| Summit Street Capital Management, LLC 3.69% of their portfolio | 61.9k $22.2m | Added +4.5k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 61.0k $21.8m | Added +50 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 53.9k $19.3m | Added +49.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 51.6k $18.5m | Added +2.2k |
| Hexagon Capital Partners LLC 3.32% of their portfolio | 49.0k $17.6m | Reduced -4 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 46.4k $16.6m | Added +21.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 45.6k $16.3m | Reduced -3.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 44.7k $16.0m | Added +6.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 42.6k $15.2m | Added +1.2k |
| Pacer Advisors, Inc. 0.03% of their portfolio | 37.9k $13.6m | Reduced -314.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 37.8k $13.5m | Added +13.6k |
| Verition Fund Management LLC 0.07% of their portfolio | 33.1k $11.9m | Added +4.3k |
| Horrell Capital Management, Inc. 4.02% of their portfolio | 26.8k $9.6m | Added +173 |
| Gotham Asset Management, LLC 0.07% of their portfolio | 24.8k $8.9m | Reduced -1.7k |
| Cambria Investment Management, L.P. 0.60% of their portfolio | 24.0k $8.6m | Reduced -2.4k |
| WINMILL & CO. INC 2.34% of their portfolio | 21.5k $7.7m | Unchanged |
| ROYCE & ASSOCIATES LP 0.08% of their portfolio | 20.2k $7.2m | Reduced -5.8k |
| Quantbot Technologies LP 0.21% of their portfolio | 18.8k $6.7m | Added +17.3k |
| NISA INVESTMENT ADVISORS, LLC 0.03% of their portfolio | 18.5k $6.6m | Added +4.9k |
| Nuveen, LLC 0.00% of their portfolio | 17.5k $6.2m | First filing |
| HRT FINANCIAL LP 0.04% of their portfolio | 17.1k $6.1m | New |
| TWINBEECH CAPITAL LP 0.11% of their portfolio | 17.0k $6.1m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 16.9k $6.0m | Added +13.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 16.6k $5.9m | Added +9.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 15.9k $5.7m | New |
| Edgestream Partners, L.P. 0.19% of their portfolio | 15.6k $5.6m | New |
| LPL Financial LLC 0.00% of their portfolio | 14.9k $5.3m | Added +578 |
| DARK FOREST CAPITAL MANAGEMENT LP 0.23% of their portfolio | 13.8k $4.9m | Added +12.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 13.8k $4.9m | Added +3.5k |
| UBS Group AG 0.00% of their portfolio | 13.6k $4.9m | Reduced -115.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 12.8k $4.6m | Reduced -45.7k |
| Jefferies Financial Group Inc. 0.08% of their portfolio | 12.8k $4.6m | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 11.9k $4.2m | Added +3.5k |
| OMERS ADMINISTRATION Corp 0.03% of their portfolio | 10.8k $3.9m | Added +8.1k |
| Squarepoint Ops LLC 0.01% of their portfolio | 10.8k $3.9m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 10.5k $3.7m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.09% of their portfolio | 10.2k $3.7m | Added +3.4k |
| Invesco Ltd. 0.00% of their portfolio | 9.4k $3.4m | Reduced -4.1k |
| Balboa Wealth Partners 0.81% of their portfolio | 9.3k $3.3m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 9.2k $3.3m | Added +8.0k |
| Empowered Funds, LLC 0.04% of their portfolio | 8.7k $3.1m | Reduced -808 |
| BARCLAYS PLC 0.00% of their portfolio | 8.6k $3.1m | Added +7.0k |
| Vest Financial, LLC 0.05% of their portfolio | 8.2k $2.9m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 8.2k $2.9m | Added +2.5k |
| AXA S.A. 0.01% of their portfolio | 8.1k $2.9m | Added +2.9k |
| Unison Advisors LLC 0.36% of their portfolio | 7.8k $2.8m | Added +4 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 7.5k $2.7m | Added +1.4k |
| STEPHENS INC /AR/ 0.04% of their portfolio | 7.3k $2.6m | Added +10 |
| Man Group plc 0.01% of their portfolio | 7.3k $2.6m | Reduced -2.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 7.2k $2.6m | Added +4.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 7.2k $2.6m | Reduced -3.0k |
| Engineers Gate Manager LP 0.04% of their portfolio | 7.1k $2.5m | Reduced -1.9k |
| Swiss National Bank 0.00% of their portfolio | 6.9k $2.5m | Reduced -300 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.04% of their portfolio | 6.3k $2.2m | Reduced -6.0k |
| NORGES BANK 0.00% of their portfolio | 5.8k $2.1m | Reduced -4.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 5.2k $1.9m | Added +103 |
| Walleye Capital LLC 0.02% of their portfolio | 5.2k $1.9m | Added +4.2k |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 5.1k $1.8m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 4.9k $1.8m | First filing |
| SummitTX Capital, L.P. 0.08% of their portfolio | 4.8k $1.7m | First filing |
| Tidal Investments LLC 0.01% of their portfolio | 4.7k $1.7m | Added +1.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.15% of their portfolio | 4.6k $1.7m | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 4.4k $1.6m | Reduced -19 |
| STEEL GROVE CAPITAL ADVISORS, LLC 0.24% of their portfolio | 4.4k $1.6m | Added +64 |
| Vident Advisory, LLC 0.02% of their portfolio | 4.2k $1.5m | Added +121 |
| Legal & General Group Plc 0.00% of their portfolio | 4.2k $1.5m | Added +118 |
| Fort Sheridan Advisors LLC 0.22% of their portfolio | 4.1k $1.5m | Reduced -291 |
| Ilex Capital Partners (UK) LLP 0.06% of their portfolio | 3.8k $1.4m | New |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 3.7k $1.3m | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 3.7k $1.3m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.5k $1.3m | Added +2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 3.4k $1.2m | Unchanged |
| STRS OHIO 0.01% of their portfolio | 3.4k $1.2m | Added +422 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.2k $1.2m | Reduced -5 |
| TD Waterhouse Canada Inc. 0.01% of their portfolio | 3.2k $1.2m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 3.2k $1.1m | Added +175 |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 3.1k $1.1m | Added +24 |
| RITHOLTZ WEALTH MANAGEMENT 0.03% of their portfolio | 3.1k $1.1m | Added +900 |
| Handelsbanken Fonder AB 0.00% of their portfolio | 3.0k $1.1m | Added +600 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 3.0k $1.1m | Added +291 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 2.6k $924.3k | Added +87 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 2.4k $854.1k | Reduced -87 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 2.3k $835.9k | First filing |
| CPC Advisors, LLC 0.11% of their portfolio | 2.3k $832.3k | Added +810 |