Denny's
DENN
DENN was delisted on the 16th of January, 2026.
132 hedge funds and large institutions have $233M invested in Denny's in 2025 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 54 reducing their positions, and 28 closing their positions.
19% more capital invested
Capital invested by funds: $197M → $233M (+$36.4M)
5.3% less ownership
Funds ownership: 91.95% → 86.65% (-5.3%)
6% less funds holding
Funds holding: 140 → 132 (-8)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
48% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 54
98% less call options, than puts
Call options by funds: $260K | Put options by funds: $12.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
JCP Investment Management
Houston,
Texas
|
+$3.68M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$2.33M |
| 3 |
RA
Royce & Associates
New York
|
+$1.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$893K |
| 5 |
MCM
Monimus Capital Management
Woodbridge,
New Jersey
|
+$865K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.87M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.37M |
| 3 |
Millennium Management
New York
|
-$1.46M |
| 4 |
First Eagle Investment Management
New York
|
-$1.45M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$42.8K | -10,446 | Closed |
|
152
ProShare Advisors
Bethesda,
Maryland
| – | -$42.4K | -10,339 | Closed |
|
|
VF
153
Virtu Financial
New York
| – | -$42K | -10,178 | Closed |
|
154
Raymond James Financial
St Petersburg,
Florida
| – | -$18.3K | -4,454 | Closed |
|
|
BIG
155
Brooklyn Investment Group
Brooklyn,
New York
| – | -$17.4K | -4,235 | Closed |
|
|
RBI
156
Raiffeisen Bank International
Vienna,
Austria
| – | -$10.3K | -2,334 | Closed |
|
|
AIM
157
Access Investment Management
Atlanta,
Georgia
| – | -$8.06K | -1,965 | Closed |
|
|
WSFS
158
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$4.58K | -1,117 | Closed |
|
|
CIAM
159
Caitong International Asset Management
Hong Kong
| – | -$4.22K | -1,029 | Closed |
|
|
HCA
160
Harbor Capital Advisors
Chicago,
Illinois
| – | -$4K | -868 | Closed |
|
DENN Hedge Fund Activity: Q3 2025 in Review
132 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Denny's (DENN) for Q3 2025, worth a combined $233M — up 19% from $197M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of DENN and 21 opened new positions — a net loss of 7 holders — while 54 trimmed existing stakes and 28 added.
The largest buyer was JCP Investment Management, opening a new position worth an estimated $3.68M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $3.87M.
- 132 institutional investors held Denny's (DENN) as of Q3 2025, down from 140 in Q2 2025.
- Funds reported $233M of Denny's stock for Q3 2025, up 19% quarter-over-quarter.
- 21 funds opened new Denny's positions in Q3 2025 and 28 closed out, a net change of -7 holders.
- The largest Denny's buyer in Q3 2025 was JCP Investment Management, an estimated $3.68M added.
- The largest Denny's seller in Q3 2025 was Hotchkis & Wiley Capital Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q3 2025.