Monitor DECK's next 10-Q for fundamental headwinds that may explain the broad institutional selling. The 45-day 13F reporting lag means these positions may have already been adjusted; watch for any insider buying or earnings guidance for confirmation.
Executive Summary
A bearish institutional cluster formed in DECK during Q3 2026, with 5 sellers reducing holdings by a net $21.9M against only 1 buyer adding $2.1M. The selling is concentrated among asset managers, led by Assenagon Asset Management trimming $17.6M, while the sole buyer is a modest add by Wealth Enhancement Advisory Services. This signals broad institutional caution on DECK heading into the quarter-end.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$21.9M
▲ Buyers (1)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Wealth Enhancement Advisory Services | ADD | +94.7% | $6.3M | $2.1M |
▼ Sellers (5)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Assenagon Asset Management | TRIM | -27.4% | $41.0M | -$17.6M |
| Fjarde Ap-Fonden /Fourth Swedish National | TRIM | -26.8% | $9.0M | -$3.8M |
| Td Waterhouse Canada | NEAR_EXIT | -76.9% | $117.0K | -$97.0K |
Key Facts
- 5 sellers reduced aggregate holdings by $21.9M vs 1 buyer adding $2.1M
- Assenagon Asset Management led selling with a $17.6M trim, reducing its stake by 27.4%
- Fjarde Ap-Fonden trimmed $3.8M (26.8% of its position)
- Td Waterhouse Canada nearly exited, reducing 76.9% of shares
- Wealth Enhancement Advisory Services was the only buyer, adding $2.1M (+94.7%)
Financial Impact
Net institutional selling of $21.9M across 5 sellers, with the largest single trim ($17.6M) by Assenagon Asset Management. Total buying was $21.9M net negative.
Risk Factors
- 13F data is 45+ days stale; the cluster may have already been unwound
- Sole buyer is a small asset manager; selling is broad and material in scale
- No insider buying confluence to offset the bearish institutional signal
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-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $81.09 | awaiting T+5 | — | — |
Oct 16, 2026 10d ago | Institutional Cluster | $87.24 $79.61 | ▲ +8.75% | ▲ +8.61% | — |
Sep 9, 2026 6w ago | Court Ruling | $79.88 $79.71 | ▲ +0.21% | ▲ +0.84% | — |
Aug 31, 2026 8w ago | Court Ruling | $84.58 $80.23 | ▲ +5.14% | ▲ +5.22% | — |
Aug 27, 2026 8w ago | Court Ruling | $87.76 $85.81 | ▼ −2.22% | ▼ −2.33% | — |
Jul 31, 2026 12w ago | Institutional Cluster | $96.88 $97.46 | ▲ +0.60% | ▼ −2.91% | — |
Jun 26, 2026 17w ago | Court Ruling | $101.28 $106.08 | ▼ −4.74% | ▼ −3.83% | — |
Jun 23, 2026 18w ago | Court Ruling | $105.70 $100.33 | ▼ −5.08% | ▼ −6.79% | — |
Jun 12, 2026 19w ago | Institutional Cluster | $113.83 $109.11 | ▼ −4.15% | ▼ −4.82% | — |
Feb 28, 2026 34w ago | Institutional Cluster | $114.51 $104.32 | ▼ −8.90% | ▼ −7.69% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers