BT Brands
BTBD
11 hedge funds and large institutions have $353K invested in BT Brands in 2025 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
52% more capital invested
Capital invested by funds: $232K → $353K (+$121K)
2.21% more ownership
Funds ownership: 1.9% → 4.11% (+2.2%)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
+$184K |
| 2 |
Two Sigma Investments
New York
|
+$33.3K |
| 3 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$22.9K |
| 4 |
Renaissance Technologies
New York
|
+$17.2K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$23.7K |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$19.8K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.21K |
| 4 |
Citigroup
New York
|
-$131 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DS
1
DRW Securities
Chicago,
Illinois
| $176K | +$184K | +111,679 | +759% |
|
|
2
Vanguard Group
Malvern,
Pennsylvania
| $47.1K | +$5.01K | +3,050 | +10% |
|
3
Geode Capital Management
Boston,
Massachusetts
| $39.6K | – | – | – |
|
|
4
Two Sigma Investments
New York
| $28.2K | +$33.3K | +20,279 | New |
|
5
State Street
Boston,
Massachusetts
| $22.6K | – | – | – |
|
|
XT
6
XTX Topco
George Town,
Cayman Islands
| $19.5K | +$22.9K | +13,940 | New |
|
|
7
Renaissance Technologies
New York
| $14.6K | +$17.2K | +10,485 | New |
|
8
UBS Group
Zurich,
Switzerland
| $4.83K | +$1.27K | +775 | +29% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $802 | -$3.21K | -1,953 | -77% |
|
10
Bank of America
Charlotte,
North Carolina
| $42 | +$5 | +3 | +11% |
|
|
SS
11
SBI Securities
Tokyo,
Japan
| $3 | – | – | – |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$23.7K | -11,990 | Closed |
|
|
13
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$19.8K | -10,000 | Closed |
|
|
14
Citigroup
New York
| – | -$131 | -66 | Closed |
|
BTBD Hedge Fund Activity: Q4 2025 in Review
11 of the 8,243 institutional investors tracked by Wall St. Rank reported a position in BT Brands (BTBD) for Q4 2025, worth a combined $353K — up 52% from $232K a quarter earlier.
Fund positioning in BTBD was balanced in Q4 2025: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 1 trimmed.
The largest buyer was DRW Securities, adding an estimated $184K. The largest seller was Citadel Advisors, exiting entirely with an estimated $23.7K sold.
- 11 institutional investors held BT Brands (BTBD) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $353K of BT Brands stock for Q4 2025, up 52% quarter-over-quarter.
- 3 funds opened new BT Brands positions in Q4 2025 and 3 closed out, a net change of 0 holders.
- The largest BT Brands buyer in Q4 2025 was DRW Securities, an estimated $184K added.
- The largest BT Brands seller in Q4 2025 was Citadel Advisors, an estimated $23.7K sold.
Based on aggregated 13F filings for Q4 2025.