Wedge Capital Management Reduces Stake in Dillard's

Institutional investor sells 15,194 shares of the department store chain

Mar. 28, 2026 at 12:12pm

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Wedge Capital Management L L P NC, an institutional investor, decreased its stake in Dillard's, Inc. (NYSE:DDS) by 21.4% during the fourth quarter, according to a recent SEC filing. The fund now owns 55,686 shares of the company's stock, down from 70,880 shares previously.

Why it matters

This filing provides insight into the investment decisions of Wedge Capital Management, a prominent institutional investor. Changes in major shareholders' positions can signal broader trends or concerns about a company's performance and future prospects.

The details

According to the SEC filing, Wedge Capital Management sold 15,194 shares of Dillard's during the fourth quarter. The firm now owns a 0.36% stake in the department store chain, down from 0.46% previously. Dillard's stock has seen significant volatility over the past year, trading between a 52-week low of $282.24 and a high of $741.97.

  • The filing covers the fourth quarter of 2025.
  • Wedge Capital Management sold the shares during this period.

The players

Wedge Capital Management L L P NC

An institutional investment firm that has reduced its stake in Dillard's, Inc.

Dillard's, Inc.

A U.S. department store chain headquartered in Little Rock, Arkansas.

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The takeaway

This filing highlights the ongoing shifts in institutional ownership of Dillard's stock, which could signal broader trends or concerns about the company's performance and future prospects within the retail industry.