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National Beverage

236 hedge funds and large institutions have $848M invested in National Beverage in 2025 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 77 increasing their positions, 84 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more call options, than puts

Call options by funds: $1.72M | Put options by funds: $583K

23% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 26

1% more funds holding

Funds holding: 233236 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.54% less ownership

Funds ownership: 25.07%24.53% (-0.54%)

8% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 84

16% less capital invested

Capital invested by funds: $1.01B → $848M (-$167M)

Holders
236
Holders Change
+3
Holders Change %
+1.29%
% of All Funds
3.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
32
Increased
77
Reduced
84
Closed
26
Calls
$1.72M
Puts
$583K
Net Calls
+$1.13M
Net Calls Change
+$468K
Name Holding Trade Value Shares
Change
Change in
Stake
SL
176
Salomon & Ludwin
Virginia
$13.4K +$13.8K +318 +837%
MCM
177
MAI Capital Management
Ohio
$12.7K
CA
178
Clearstead Advisors
Ohio
$12.5K +$5.97K +138 +69%
Ohio Public Employees Retirement System (OPERS)
179
Ohio Public Employees Retirement System (OPERS)
Ohio
$12.4K +$130 +3 +0.9%
PWA
180
Physician Wealth Advisors
Utah
$11.7K
CA
181
CoreCap Advisors
Michigan
$11.4K
Barrow, Hanley, Mewhinney & Strauss
182
Barrow, Hanley, Mewhinney & Strauss
Texas
$11.3K +$13.2K +305 New
Fifth Third Bancorp
183
Fifth Third Bancorp
Ohio
$9.45K +$1.34K +31 +14%
FFO
184
Fortitude Family Office
Arizona
$9.23K +$303 +7 +3%
HCA
185
Harbor Capital Advisors
Illinois
$9K -$173 -4 -2%
W
186
WealthCollab
Washington
$7.94K
CAM
187
Costello Asset Management
Pennsylvania
$7.38K
EWA
188
EverSource Wealth Advisors
Alabama
$7.2K -$4.67K -108 -36%
SAM
189
Smartleaf Asset Management
Massachusetts
$6.89K +$1.13K +26 +16%
WANY
190
Wealthspire Advisors (New York)
New York
$5.46K +$6.41K +148 New
SS
191
SBI Securities
Japan
$5.39K +$173 +4 +3%
PFBT
192
Parkside Financial Bank & Trust
Missouri
$4.91K -$433 -10 -7%
MPWT
193
MassMutual Private Wealth & Trust
Connecticut
$4.73K -$6.19K -143 -53%
Optiver Holding
194
Optiver Holding
Netherlands
$4.43K +$5.19K +120 New
RFP
195
Root Financial Partners
California
$4.02K +$4.72K +109 New
Simplex Trading
196
Simplex Trading
Illinois
$4K +$4.8K +111 New
AS
197
Altshuler Shaham
Israel
$3.77K +$519 +12 +13%
PS
198
Principal Securities
Iowa
$3.69K
Canada Pension Plan Investment Board
199
Canada Pension Plan Investment Board
Ontario, Canada
$3.69K +$4.33K +100 New
SPIA
200
Steward Partners Investment Advisory
New York
$3.54K

FIZZ Hedge Fund Activity: Q3 2025 in Review

236 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in National Beverage (FIZZ) for Q3 2025, worth a combined $848M — down 16% from $1.01B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new FIZZ positions and 26 closed out — a net gain of 6 holders — while 77 added to existing stakes and 84 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $4.85M. The largest seller was Millennium Management, cutting an estimated $11.5M.

  • 236 institutional investors held National Beverage (FIZZ) as of Q3 2025, up from 233 in Q2 2025.
  • Funds reported $848M of National Beverage stock for Q3 2025, down 16% quarter-over-quarter.
  • 32 funds opened new National Beverage positions in Q3 2025 and 26 closed out, a net change of +6 holders.
  • The largest National Beverage buyer in Q3 2025 was Two Sigma Investments, an estimated $4.85M added.
  • The largest National Beverage seller in Q3 2025 was Millennium Management, an estimated $11.5M sold.

Based on aggregated 13F filings for Q3 2025.