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Cracker Barrel

232 hedge funds and large institutions have $557M invested in Cracker Barrel in 2025 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 75 increasing their positions, 75 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more call options, than puts

Call options by funds: $49.4M | Put options by funds: $45.7M

0% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 75

6.77% less ownership

Funds ownership: 104.78%98.01% (-6.8%)

7% less funds holding

Funds holding: 249232 (-17)

16% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 57

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

46% less capital invested

Capital invested by funds: $1.03B → $557M (-$472M)

Holders
232
Holders Change
-17
Holders Change %
-6.83%
% of All Funds
2.82%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.02%
New
48
Increased
75
Reduced
75
Closed
57
Calls
$49.4M
Puts
$45.7M
Net Calls
+$3.7M
Net Calls Change
+$41.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$83.2M +$927K +28,996 +0.9%
GC
2
GMT Capital
Georgia
$56.9M -$19M -593,500 -21%
Vanguard Group
3
Vanguard Group
Pennsylvania
$52.8M -$14.2M -444,859 -18%
American Century Companies
4
American Century Companies
Missouri
$23.2M +$622K +19,435 +2%
State Street
5
State Street
Massachusetts
$22.2M +$298K +9,332 +1%
Allianz Asset Management
6
Allianz Asset Management
Germany
$17.2M +$7.11M +222,184 +49%
BCC
7
Biglari Capital Corp
Texas
$14.9M
Millennium Management
8
Millennium Management
New York
$14.5M +$13.3M +416,013 +271%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$14.4M +$17.7M +553,536 +3,950%
Charles Schwab
10
Charles Schwab
California
$13.9M -$53.3K -1,668 -0.3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$13.7M -$361K -11,279 -2%
Morgan Stanley
12
Morgan Stanley
New York
$12.8M +$6.97M +217,906 +76%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$12.4M -$8.18M -255,871 -34%
Invesco
14
Invesco
Georgia
$12.1M +$4.85M +151,633 +47%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$11.7M +$602K +18,818 +4%
Citadel Advisors
16
Citadel Advisors
Florida
$8.6M +$10.6M +332,656 +5,789%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$7.91M +$5.05M +157,996 +103%
UBS Group
18
UBS Group
Switzerland
$7.42M +$4.59M +143,461 +96%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$7.09M +$402K +12,556 +5%
Northern Trust
20
Northern Trust
Illinois
$5.76M -$637K -19,921 -8%
Goldman Sachs
21
Goldman Sachs
New York
$5.64M +$1.58M +49,339 +29%
Marshall Wace
22
Marshall Wace
United Kingdom
$5.22M +$6.58M +205,698 New
QT
23
Quantbot Technologies
New York
$4.14M +$4.75M +148,606 +1,038%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.11M +$2.46M +76,998 +91%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$4.04M +$140K +4,390 +3%

CBRL Hedge Fund Activity: Q4 2025 in Review

232 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Cracker Barrel (CBRL) for Q4 2025, worth a combined $557M — down 46% from $1.03B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of CBRL and 48 opened new positions — a net loss of 9 holders — while 75 trimmed existing stakes and 75 added.

The largest buyer was Fidelity Investments, adding an estimated $17.7M. The largest seller was AllianceBernstein, cutting an estimated $45.8M.

  • 232 institutional investors held Cracker Barrel (CBRL) as of Q4 2025, down from 249 in Q3 2025.
  • Funds reported $557M of Cracker Barrel stock for Q4 2025, down 46% quarter-over-quarter.
  • 48 funds opened new Cracker Barrel positions in Q4 2025 and 57 closed out, a net change of -9 holders.
  • The largest Cracker Barrel buyer in Q4 2025 was Fidelity Investments, an estimated $17.7M added.
  • The largest Cracker Barrel seller in Q4 2025 was AllianceBernstein, an estimated $45.8M sold.

Based on aggregated 13F filings for Q4 2025.