Jack in the Box
JACK
184 hedge funds and large institutions have $415M invested in Jack in the Box in 2025 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 71 increasing their positions, 47 reducing their positions, and 51 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 47
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10.31% more ownership
Funds ownership: 115.34% → 125.65% (+10%)
3% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $16.4M
8% less funds holding
Funds holding: 200 → 184 (-16)
27% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 51
30% less capital invested
Capital invested by funds: $592M → $415M (-$177M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$21.2M |
| 2 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$13.7M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$13.5M |
| 4 |
Morgan Stanley
New York
|
+$12M |
| 5 |
MGP
M&G plc
London,
United Kingdom
|
+$8.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$10.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$8.39M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
226
AmeriFlex Group
Las Vegas,
Nevada
| – | -$2.72K | -100 | Closed |
|
|
PFBT
227
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2.56K | -94 | Closed |
|
228
Lazard Asset Management
New York
| – | -$2K | -75 | Closed |
|
|
HT
229
Headlands Technologies
Chicago,
Illinois
| – | -$1.44K | -53 | Closed |
|
|
CAL
230
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$1K | -40 | Closed |
|
|
PWA
231
Physician Wealth Advisors
Midvale,
Utah
| – | -$599 | -22 | Closed |
|
|
SAM
232
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$576 | -21 | Closed |
|
|
HCP
233
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$326 | -12 | Closed |
|
|
AW
234
Avion Wealth
The Woodlands,
Texas
| – | +$180 | +8 | +73% |
|
JACK Hedge Fund Activity: Q2 2025 in Review
184 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Jack in the Box (JACK) for Q2 2025, worth a combined $415M — down 30% from $592M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of JACK and 37 opened new positions — a net loss of 14 holders — while 47 trimmed existing stakes and 71 added.
The largest buyer was Callodine Capital Management, adding an estimated $21.2M. The largest seller was Bank of America, cutting an estimated $11.6M.
- 184 institutional investors held Jack in the Box (JACK) as of Q2 2025, down from 200 in Q1 2025.
- Funds reported $415M of Jack in the Box stock for Q2 2025, down 30% quarter-over-quarter.
- 37 funds opened new Jack in the Box positions in Q2 2025 and 51 closed out, a net change of -14 holders.
- The largest Jack in the Box buyer in Q2 2025 was Callodine Capital Management, an estimated $21.2M added.
- The largest Jack in the Box seller in Q2 2025 was Bank of America, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2025.