Krispy Kreme
DNUT
170 hedge funds and large institutions have $235M invested in Krispy Kreme in 2025 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 59 increasing their positions, 35 reducing their positions, and 48 closing their positions.
231% more call options, than puts
Call options by funds: $3.1M | Put options by funds: $936K
69% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 35
0% more funds holding
Funds holding: 170 → 170 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 48
8.69% less ownership
Funds ownership: 56.05% → 47.36% (-8.7%)
50% less capital invested
Capital invested by funds: $470M → $235M (-$235M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.7M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.63M |
| 3 |
Renaissance Technologies
New York
|
+$3.42M |
| 4 |
Morgan Stanley
New York
|
+$3.37M |
| 5 |
SPS
Susquehanna Portfolio Strategies
Bala Cynwyd,
Pennsylvania
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$59M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$23.7M |
| 3 |
BAMCO Inc
New York
|
-$17.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.65M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$3.71M |
DNUT Hedge Fund Activity: Q2 2025 in Review
170 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Krispy Kreme (DNUT) for Q2 2025, worth a combined $235M — down 50% from $470M a quarter earlier.
Fund positioning in DNUT was balanced in Q2 2025: 48 funds opened new positions, 48 closed out, 59 added to existing stakes and 35 trimmed.
The largest buyer was Millennium Management, adding an estimated $11.7M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $59M sold.
- 170 institutional investors held Krispy Kreme (DNUT) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $235M of Krispy Kreme stock for Q2 2025, down 50% quarter-over-quarter.
- 48 funds opened new Krispy Kreme positions in Q2 2025 and 48 closed out, a net change of 0 holders.
- The largest Krispy Kreme buyer in Q2 2025 was Millennium Management, an estimated $11.7M added.
- The largest Krispy Kreme seller in Q2 2025 was Cooper Creek Partners Management, an estimated $59M sold.
Based on aggregated 13F filings for Q2 2025.