Dingdong
DDL
55 hedge funds and large institutions have $176M invested in Dingdong in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 22 reducing their positions, and 8 closing their positions.
459% more call options, than puts
Call options by funds: $1.17M | Put options by funds: $209K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
36% more capital invested
Capital invested by funds: $129M → $176M (+$46.4M)
4% more funds holding
Funds holding: 53 → 55 (+2)
2.72% more ownership
Funds ownership: 31.86% → 34.58% (+2.7%)
55% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.69M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$996K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$692K |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$458K |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
HSG Holding
Na,
Hong Kong
|
-$2.09M |
| 2 |
Walleye Capital
New York
|
-$1.06M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1M |
| 4 |
Man Group
London,
United Kingdom
|
-$983K |
| 5 |
Renaissance Technologies
New York
|
-$820K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAS
51
IMA Advisory Services
Denver,
Colorado
| $273 | +$219 | +110 | New |
|
52
BNP Paribas Financial Markets
Paris,
France
| $189 | -$3.73K | -1,875 | -96% |
|
53
Citigroup
New York
| $92 | +$2 | +1 | +3% |
|
|
CIAM
54
Caitong International Asset Management
Hong Kong
| $2 | – | – | – |
|
|
SS
55
SBI Securities
Tokyo,
Japan
| $2 | – | – | – |
|
|
56
Walleye Capital
New York
| – | -$1.06M | -511,458 | Closed |
|
|
57
Man Group
London,
United Kingdom
| – | -$983K | -474,868 | Closed |
|
|
GCP
58
GSA Capital Partners
London,
United Kingdom
| – | -$631K | -304,692 | Closed |
|
|
HFM
59
Harvest Fund Management
Beijing,
China
| – | -$627K | -302,680 | Closed |
|
60
Citadel Advisors
Miami,
Florida
| – | -$103K | -51,664 | Closed |
|
|
CC
61
Centiva Capital
New York
| – | -$55.9K | -27,027 | Closed |
|
62
Raymond James Financial
St Petersburg,
Florida
| – | -$51.8K | -25,000 | Closed |
|
63
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4.14K | -2,000 | Closed |
|
DDL Hedge Fund Activity: Q4 2025 in Review
55 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Dingdong (DDL) for Q4 2025, worth a combined $176M — up 36% from $129M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DDL positions and 8 closed out — a net gain of 5 holders — while 10 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.69M. The largest seller was HSG Holding, cutting an estimated $2.09M.
- 55 institutional investors held Dingdong (DDL) as of Q4 2025, up from 53 in Q3 2025.
- Funds reported $176M of Dingdong stock for Q4 2025, up 36% quarter-over-quarter.
- 13 funds opened new Dingdong positions in Q4 2025 and 8 closed out, a net change of +5 holders.
- The largest Dingdong buyer in Q4 2025 was Morgan Stanley, an estimated $2.69M added.
- The largest Dingdong seller in Q4 2025 was HSG Holding, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2025.