Nathan's Famous
NATH
67 hedge funds and large institutions have $115M invested in Nathan's Famous in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 9 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.91% less ownership
Funds ownership: 40.66% → 39.75% (-0.91%)
6% less funds holding
Funds holding: 71 → 67 (-4)
12% less capital invested
Capital invested by funds: $130M → $115M (-$15.4M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$836K |
| 2 |
RA
Royce & Associates
New York
|
+$524K |
| 3 |
State Street
Boston,
Massachusetts
|
+$407K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$256K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.28M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$933K |
| 3 |
VF
Virtu Financial
New York
|
-$359K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$347K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$312K |
NATH Hedge Fund Activity: Q3 2023 in Review
67 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nathan's Famous (NATH) for Q3 2023, worth a combined $115M — down 12% from $130M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NATH and 5 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 25 added.
The largest buyer was BlackRock, adding an estimated $836K. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $2.28M sold.
- 67 institutional investors held Nathan's Famous (NATH) as of Q3 2023, down from 71 in Q2 2023.
- Funds reported $115M of Nathan's Famous stock for Q3 2023, down 12% quarter-over-quarter.
- 5 funds opened new Nathan's Famous positions in Q3 2023 and 9 closed out, a net change of -4 holders.
- The largest Nathan's Famous buyer in Q3 2023 was BlackRock, an estimated $836K added.
- The largest Nathan's Famous seller in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $2.28M sold.
Based on aggregated 13F filings for Q3 2023.