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Winmark

196 hedge funds and large institutions have $860M invested in Winmark in 2025 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 74 increasing their positions, 54 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 20

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

37% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 54

6% more funds holding

Funds holding: 185196 (+11)

0.56% more ownership

Funds ownership: 75.91%76.47% (+0.56%)

18% less capital invested

Capital invested by funds: $1.05B → $860M (-$190M)

Holders
196
Holders Change
+11
Holders Change %
+5.95%
% of All Funds
2.63%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
33
Increased
74
Reduced
54
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$104M -$1.95M -5,466 -2%
BlackRock
2
BlackRock
New York
$81.5M +$266K +747 +0.3%
Renaissance Technologies
3
Renaissance Technologies
New York
$55.8M +$463K +1,300 +0.7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$54.5M +$848K +2,382 +1%
AC
5
AltraVue Capital
Washington
$54.3M -$1.51M -4,230 -2%
PC
6
Port Capital
Illinois
$34.1M +$529K +1,485 +1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$29.5M -$3.45M -9,676 -9%
William Blair Investment Management
8
William Blair Investment Management
Illinois
$28.1M +$1.29M +3,633 +4%
NTCM
9
Nine Ten Capital Management
Illinois
$26.7M
State Street
10
State Street
Massachusetts
$24.5M -$26.4K -74 -0.1%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$23.8M +$1.2M +3,365 +5%
Morgan Stanley
12
Morgan Stanley
New York
$22M -$739K -2,074 -3%
CCM
13
Copeland Capital Management
Pennsylvania
$20.1M -$718K -2,015 -3%
Bessemer Group
14
Bessemer Group
New Jersey
$17.5M +$763K +2,142 +4%
Rockefeller Capital Management
15
Rockefeller Capital Management
New York
$15.6M +$6.68M +18,741 +62%
Northern Trust
16
Northern Trust
Illinois
$15M +$146K +410 +0.9%
Raymond James Financial
17
Raymond James Financial
Florida
$10.9M +$1.23M +3,467 +11%
MPIA
18
Mountain Pacific Investment Advisers
Idaho
$9.81M -$71.6K -201 -0.6%
Mawer Investment Management
19
Mawer Investment Management
Alberta, Canada
$8.92M -$17.7M -49,656 -64%
SIC
20
Schwartz Investment Counsel
Michigan
$8.46M
Allspring Global Investments
21
Allspring Global Investments
North Carolina
$7.96M +$8.6M +24,142 +2,707%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$7.6M +$2.11M +5,932 +33%
Charles Schwab
23
Charles Schwab
California
$7.51M -$223K -626 -3%
Select Equity Group
24
Select Equity Group
New York
$7.45M +$7.39M +20,742 +766%
Goldman Sachs
25
Goldman Sachs
New York
$6.76M +$1.66M +4,653 +28%

WINA Hedge Fund Activity: Q1 2025 in Review

196 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Winmark (WINA) for Q1 2025, worth a combined $860M — down 18% from $1.05B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new WINA positions and 20 closed out — a net gain of 13 holders — while 74 added to existing stakes and 54 trimmed.

The largest buyer was Allspring Global Investments, adding an estimated $8.6M. The largest seller was Mawer Investment Management, cutting an estimated $17.7M.

  • 196 institutional investors held Winmark (WINA) as of Q1 2025, up from 185 in Q4 2024.
  • Funds reported $860M of Winmark stock for Q1 2025, down 18% quarter-over-quarter.
  • 33 funds opened new Winmark positions in Q1 2025 and 20 closed out, a net change of +13 holders.
  • The largest Winmark buyer in Q1 2025 was Allspring Global Investments, an estimated $8.6M added.
  • The largest Winmark seller in Q1 2025 was Mawer Investment Management, an estimated $17.7M sold.

Based on aggregated 13F filings for Q1 2025.