Denny's
DENN
DENN was delisted on the 16th of January, 2026.
157 hedge funds and large institutions have $526M invested in Denny's in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 55 reducing their positions, and 22 closing their positions.
21% more capital invested
Capital invested by funds: $436M → $526M (+$89.9M)
0.8% more ownership
Funds ownership: 82.71% → 83.51% (+0.8%)
2% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 55
3% less funds holding
Funds holding: 162 → 157 (-5)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
61% less call options, than puts
Call options by funds: $579K | Put options by funds: $1.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.54M |
| 3 |
Two Sigma Investments
New York
|
+$4.48M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.57M |
| 5 |
Two Sigma Advisers
New York
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$26.5M |
| 2 |
Millennium Management
New York
|
-$9.36M |
| 3 |
RA
Royce & Associates
New York
|
-$6.25M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.13M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.86M |
DENN Hedge Fund Activity: Q1 2023 in Review
157 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Denny's (DENN) for Q1 2023, worth a combined $526M — up 21% from $436M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of DENN and 17 opened new positions — a net loss of 5 holders — while 55 trimmed existing stakes and 54 added.
The largest buyer was Bank of America, adding an estimated $6.6M. The largest seller was Franklin Resources, cutting an estimated $26.5M.
- 157 institutional investors held Denny's (DENN) as of Q1 2023, down from 162 in Q4 2022.
- Funds reported $526M of Denny's stock for Q1 2023, up 21% quarter-over-quarter.
- 17 funds opened new Denny's positions in Q1 2023 and 22 closed out, a net change of -5 holders.
- The largest Denny's buyer in Q1 2023 was Bank of America, an estimated $6.6M added.
- The largest Denny's seller in Q1 2023 was Franklin Resources, an estimated $26.5M sold.
Based on aggregated 13F filings for Q1 2023.