Cracker Barrel
CBRL
323 hedge funds and large institutions have $2.44B invested in Cracker Barrel in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 111 increasing their positions, 101 reducing their positions, and 47 closing their positions.
35% more capital invested
Capital invested by funds: $1.81B → $2.44B (+$631M)
17% more call options, than puts
Call options by funds: $32.7M | Put options by funds: $28M
8.9% more ownership
Funds ownership: 88.29% → 97.19% (+8.9%)
10% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 101
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 332 → 323 (-9)
13% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$109M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.3M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$36.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$27.1M |
| 5 |
Two Sigma Investments
New York
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.5M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$14.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$7.34M |
CBRL Hedge Fund Activity: Q1 2023 in Review
323 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cracker Barrel (CBRL) for Q1 2023, worth a combined $2.44B — up 35% from $1.81B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CBRL and 41 opened new positions — a net loss of 6 holders — while 101 trimmed existing stakes and 111 added.
The largest buyer was BlackRock, adding an estimated $109M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $21.5M sold.
- 323 institutional investors held Cracker Barrel (CBRL) as of Q1 2023, down from 332 in Q4 2022.
- Funds reported $2.44B of Cracker Barrel stock for Q1 2023, up 35% quarter-over-quarter.
- 41 funds opened new Cracker Barrel positions in Q1 2023 and 47 closed out, a net change of -6 holders.
- The largest Cracker Barrel buyer in Q1 2023 was BlackRock, an estimated $109M added.
- The largest Cracker Barrel seller in Q1 2023 was Balyasny Asset Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2023.