Duluth Holdings
DLTH
56 hedge funds and large institutions have $22.9M invested in Duluth Holdings in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 8 closing their positions.
489% more call options, than puts
Call options by funds: $365K | Put options by funds: $62K
104% more capital invested
Capital invested by funds: $11.2M → $22.9M (+$11.7M)
1.98% more ownership
Funds ownership: 15.62% → 17.61% (+2%)
0% more funds holding
Funds holding: 56 → 56 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$1.6M |
| 2 |
Jane Street
New York
|
+$175K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$123K |
| 4 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$98.9K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$221K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$207K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$103K |
| 4 |
Goldman Sachs
New York
|
-$94.7K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$81.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $981 | +$13 | +5 | +2% |
|
|
AF
52
Allworth Financial
Folsom,
California
| $767 | – | – | – |
|
53
Osaic Holdings
Scottsdale,
Arizona
| $681 | – | – | – |
|
|
WANY
54
Wealthspire Advisors (New York)
New York
| $673 | +$460 | +172 | New |
|
55
US Bancorp
Minneapolis,
Minnesota
| $391 | – | – | – |
|
|
RWM
56
RMG Wealth Management
Platteville,
Wisconsin
| $81 | – | – | – |
|
57
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$70.1K | -33,400 | Closed |
|
58
Millennium Management
New York
| – | -$65.9K | -31,382 | Closed |
|
|
GWMI
59
Guardian Wealth Management (Illinois)
Peoria,
Illinois
| – | -$65.1K | -30,996 | Closed |
|
|
IA
60
IFP Advisors
Tampa,
Florida
| – | -$3.78K | -1,800 | Closed |
|
61
Group One Trading
Chicago,
Illinois
| – | -$4.45K | -1,666 | Closed |
|
62
Raymond James Financial
St Petersburg,
Florida
| – | -$2.1K | -1,000 | Closed |
|
|
WBC
63
West Branch Capital
Amherst,
Massachusetts
| – | -$1.24K | -591 | Closed |
|
|
CSC
64
Caldwell Sutter Capital
Sausalito,
California
| – | -$168 | -80 | Closed |
|
DLTH Hedge Fund Activity: Q3 2025 in Review
56 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Duluth Holdings (DLTH) for Q3 2025, worth a combined $22.9M — up 104% from $11.2M a quarter earlier.
Fund positioning in DLTH was balanced in Q3 2025: 8 funds opened new positions, 8 closed out, 11 added to existing stakes and 16 trimmed.
The largest buyer was Tenzing Global Management, opening a new position worth an estimated $1.6M. The largest seller was Empowered Funds, cutting an estimated $221K.
- 56 institutional investors held Duluth Holdings (DLTH) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $22.9M of Duluth Holdings stock for Q3 2025, up 104% quarter-over-quarter.
- 8 funds opened new Duluth Holdings positions in Q3 2025 and 8 closed out, a net change of 0 holders.
- The largest Duluth Holdings buyer in Q3 2025 was Tenzing Global Management, an estimated $1.6M added.
- The largest Duluth Holdings seller in Q3 2025 was Empowered Funds, an estimated $221K sold.
Based on aggregated 13F filings for Q3 2025.