Krispy Kreme
DNUT
175 hedge funds and large institutions have $309M invested in Krispy Kreme in 2025 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 31 closing their positions.
152% more call options, than puts
Call options by funds: $9.46M | Put options by funds: $3.75M
32% more capital invested
Capital invested by funds: $235M → $309M (+$74.4M)
19% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 31
3% more funds holding
Funds holding: 170 → 175 (+5)
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.44% less ownership
Funds ownership: 47.36% → 46.92% (-0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$10.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.78M |
| 3 |
Goldman Sachs
New York
|
+$4.71M |
| 4 |
Jane Street
New York
|
+$3.04M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$16.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.88M |
| 3 |
Morgan Stanley
New York
|
-$3.96M |
| 4 |
Citigroup
New York
|
-$1.84M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
201
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$3.49K | -1,199 | Closed |
|
|
CIAM
202
Caitong International Asset Management
Hong Kong
| – | -$3.43K | -1,179 | Closed |
|
|
CA
203
Clearstead Advisors
Cleveland,
Ohio
| – | -$1.88K | -645 | Closed |
|
204
Optiver Holding
Amsterdam,
Netherlands
| – | -$1.59K | -547 | Closed |
|
|
GWM
205
Geneos Wealth Management
Englewood,
Colorado
| – | -$646 | -222 | Closed |
|
|
CAL
206
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$376 | +109 | New |
|
DNUT Hedge Fund Activity: Q3 2025 in Review
175 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Krispy Kreme (DNUT) for Q3 2025, worth a combined $309M — up 32% from $235M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new DNUT positions and 31 closed out — a net gain of 6 holders — while 51 added to existing stakes and 50 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $10.4M. The largest seller was Millennium Management, cutting an estimated $16.4M.
- 175 institutional investors held Krispy Kreme (DNUT) as of Q3 2025, up from 170 in Q2 2025.
- Funds reported $309M of Krispy Kreme stock for Q3 2025, up 32% quarter-over-quarter.
- 37 funds opened new Krispy Kreme positions in Q3 2025 and 31 closed out, a net change of +6 holders.
- The largest Krispy Kreme buyer in Q3 2025 was Marshall Wace, an estimated $10.4M added.
- The largest Krispy Kreme seller in Q3 2025 was Millennium Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2025.