Dine Brands
DIN
145 hedge funds and large institutions have $276M invested in Dine Brands in 2025 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 47 increasing their positions, 55 reducing their positions, and 30 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
7% less funds holding
Funds holding: 156 → 145 (-11)
9.89% less ownership
Funds ownership: 82.45% → 72.56% (-9.9%)
12% less capital invested
Capital invested by funds: $314M → $276M (-$37.7M)
15% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 55
23% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $13.3M
33% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$3.96M |
| 2 |
MCM
Monimus Capital Management
Woodbridge,
New Jersey
|
+$2.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.37M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.23M |
| 5 |
SG Americas Securities
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.41M |
| 2 |
Millennium Management
New York
|
-$5.78M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$5.77M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.87M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$3.1M |
DIN Hedge Fund Activity: Q3 2025 in Review
145 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q3 2025, worth a combined $276M — down 12% from $314M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of DIN and 20 opened new positions — a net loss of 10 holders — while 55 trimmed existing stakes and 47 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $3.96M. The largest seller was Arrowstreet Capital, cutting an estimated $6.41M.
- 145 institutional investors held Dine Brands (DIN) as of Q3 2025, down from 156 in Q2 2025.
- Funds reported $276M of Dine Brands stock for Q3 2025, down 12% quarter-over-quarter.
- 20 funds opened new Dine Brands positions in Q3 2025 and 30 closed out, a net change of -10 holders.
- The largest Dine Brands buyer in Q3 2025 was Nomura Holdings, an estimated $3.96M added.
- The largest Dine Brands seller in Q3 2025 was Arrowstreet Capital, an estimated $6.41M sold.
Based on aggregated 13F filings for Q3 2025.