National Vision
263 hedge funds and large institutions have $2.4B invested in National Vision in 2025 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 93 increasing their positions, 98 reducing their positions, and 40 closing their positions.
111% more call options, than puts
Call options by funds: $973K | Put options by funds: $462K
2.89% more ownership
Funds ownership: 114.18% → 117.07% (+2.9%)
8% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 40
0% less funds holding
Funds holding: 264 → 263 (-1)
5% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 98
9% less capital invested
Capital invested by funds: $2.64B → $2.4B (-$240M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$42.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$36.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$33.7M |
| 4 |
Millennium Management
New York
|
+$16.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$37.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$21.8M |
| 4 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
-$15.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$13.2M |
EYE Hedge Fund Activity: Q4 2025 in Review
263 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in National Vision (EYE) for Q4 2025, worth a combined $2.4B — down 9.1% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new EYE positions and 40 closed out — a net gain of 3 holders — while 93 added to existing stakes and 98 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $42.6M. The largest seller was Bain Capital Public Equity Management II, exiting entirely with an estimated $37.7M sold.
- 263 institutional investors held National Vision (EYE) as of Q4 2025, down from 264 in Q3 2025.
- Funds reported $2.4B of National Vision stock for Q4 2025, down 9.1% quarter-over-quarter.
- 43 funds opened new National Vision positions in Q4 2025 and 40 closed out, a net change of +3 holders.
- The largest National Vision buyer in Q4 2025 was AllianceBernstein, an estimated $42.6M added.
- The largest National Vision seller in Q4 2025 was Bain Capital Public Equity Management II, an estimated $37.7M sold.
Based on aggregated 13F filings for Q4 2025.