The cluster reveals conflicting institutional conviction, with the largest seller outweighing the largest buyer. Historical performance on DECK signals has been poor (avg T+20 -4.7%, 33% win rate), so traders should view this mixed signal cautiously. Monitor for earnings catalysts or further 13F updates to gauge direction.
Executive Summary
Institutional activity in DECK (Deckers Outdoor Corp) during 2026-Q2 was mixed, with 5 buyers adding $24.0M and 4 sellers trimming $36.4M, resulting in net outflows of ~$12.4M. The largest moves were a $34.8M reduction by Assenagon Asset Management and a $20.8M addition by Pictet Asset Management, signaling divergent views after the stock's strong run. No insider buying was detected, weakening the conviction signal.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$12.4M
▲ Buyers (5)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Pictet Asset Management Holding | ADD | +73.7% | $49.4M | $20.8M |
| Gateway Investment Advisers | DOUBLED | +118.2% | $2.6M | $1.4M |
▼ Sellers (4)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Assenagon Asset Management | TRIM | -45.4% | $75.9M | -$34.8M |
| Private Advisor Group | TRIM | -73.6% | $1.3M | -$947.4K |
Key Facts
- Net institutional selling of ~$12.4M across 9 filers in Q2 2026
- Pictet Asset Management added $20.8M (73.7% increase, now $49.4M)
- Assenagon Asset Management trimmed $34.8M (45.4% reduction, now $41.1M)
- Gateway Investment Advisers doubled its position (+118.2%, now $2.6M)
- No open-market insider buying accompanied the 13F cluster
Financial Impact
Net institutional outflow of approximately $12.4M, with buyers adding $24.0M and sellers trimming $36.4M. The largest single move was Assenagon's $34.8M reduction.
Risk Factors
- 13F reporting lag of up to 45 days means positions may have been adjusted since quarter-end
- Historical performance on DECK calls has been weak, with negative average returns at T+20
- No insider buying to corroborate the institutional signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-DECK-2026-Q2 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 23d ago | Court Ruling | $80.23 $77.96 | ▲ +2.83% | ▲ +2.17% | — |
Aug 31, 2026 4w ago | Court Ruling | $87.08 $82.60 | ▲ +5.14% | ▲ +5.00% | — |
Aug 27, 2026 5w ago | Court Ruling | $86.33 $83.76 | ▼ −2.98% | ▼ −2.21% | — |
Jul 31, 2026 9w ago | Institutional Cluster | $96.88 $97.46 | ▲ +0.60% | ▼ −2.91% | — |
Jun 26, 2026 14w ago | Court Ruling | $104.56 $104.69 | ▼ −0.12% | ▲ +2.04% | — |
Jun 23, 2026 14w ago | Court Ruling | $103.63 $99.29 | ▼ −4.19% | ▼ −5.99% | — |
Jun 12, 2026 16w ago | Institutional Cluster | $113.83 $109.11 | ▼ −4.15% | ▼ −4.82% | — |
Feb 28, 2026 30w ago | Institutional Cluster | $114.51 $104.32 | ▼ −8.90% | ▼ −7.69% | — |
US Market Status
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