Nathan's Famous
NATH
119 hedge funds and large institutions have $181M invested in Nathan's Famous in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 11 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
0.42% more ownership
Funds ownership: 46.93% → 47.35% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 124 → 119 (-5)
15% less capital invested
Capital invested by funds: $213M → $181M (-$31.4M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.38M |
| 2 |
Two Sigma Investments
New York
|
+$1.36M |
| 3 |
Citigroup
New York
|
+$1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$975K |
| 5 |
JP Morgan Chase
New York
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Axecap Investments
Mason,
Ohio
|
-$2.46M |
| 2 |
Millennium Management
New York
|
-$1.29M |
| 3 |
Lazard Asset Management
New York
|
-$1.25M |
| 4 |
Renaissance Technologies
New York
|
-$1.14M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$745K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
126
SBI Securities
Tokyo,
Japan
| – | -$1.66K | -15 | Closed |
|
127
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -14 | Closed |
|
|
CA
128
Clearstead Advisors
Cleveland,
Ohio
| – | -$443 | -4 | Closed |
|
|
TIM
129
Tortoise Investment Management
White Plains,
New York
| – | -$221 | -2 | Closed |
|
NATH Hedge Fund Activity: Q4 2025 in Review
119 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Nathan's Famous (NATH) for Q4 2025, worth a combined $181M — down 15% from $213M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NATH and 8 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was Raymond James Financial, adding an estimated $2.38M. The largest seller was Axecap Investments, exiting entirely with an estimated $2.46M sold.
- 119 institutional investors held Nathan's Famous (NATH) as of Q4 2025, down from 124 in Q3 2025.
- Funds reported $181M of Nathan's Famous stock for Q4 2025, down 15% quarter-over-quarter.
- 8 funds opened new Nathan's Famous positions in Q4 2025 and 11 closed out, a net change of -3 holders.
- The largest Nathan's Famous buyer in Q4 2025 was Raymond James Financial, an estimated $2.38M added.
- The largest Nathan's Famous seller in Q4 2025 was Axecap Investments, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2025.