Krispy Kreme
DNUT
168 hedge funds and large institutions have $328M invested in Krispy Kreme in 2025 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 35 closing their positions.
218% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $5.36M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
6% more capital invested
Capital invested by funds: $309M → $328M (+$18.7M)
0.73% more ownership
Funds ownership: 46.92% → 47.65% (+0.73%)
2% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 50
4% less funds holding
Funds holding: 175 → 168 (-7)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.2M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$4.07M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.93M |
| 4 |
Jane Street
New York
|
+$2.89M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$4.22M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.77M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.69M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.4M |
DNUT Hedge Fund Activity: Q4 2025 in Review
168 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Krispy Kreme (DNUT) for Q4 2025, worth a combined $328M — up 6.1% from $309M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of DNUT and 30 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 49 added.
The largest buyer was Federated Hermes, adding an estimated $4.2M. The largest seller was Divisadero Street Capital Management, exiting entirely with an estimated $4.22M sold.
- 168 institutional investors held Krispy Kreme (DNUT) as of Q4 2025, down from 175 in Q3 2025.
- Funds reported $328M of Krispy Kreme stock for Q4 2025, up 6.1% quarter-over-quarter.
- 30 funds opened new Krispy Kreme positions in Q4 2025 and 35 closed out, a net change of -5 holders.
- The largest Krispy Kreme buyer in Q4 2025 was Federated Hermes, an estimated $4.2M added.
- The largest Krispy Kreme seller in Q4 2025 was Divisadero Street Capital Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q4 2025.