Birkenstock

BIRK • NYSE

Birkenstock is a apparel - footwear & accessories company in the consumer cyclical sector on NYSE, led by Oliver Christian Joachim Reichert, with a market cap of $7.5B. As of Q3 2025, 102% of shares are held by 251 institutional investors, with Catterton Management Company, L.L.C. as the largest holder at 62.53%.

CEOOliver Christian Joachim Reichert

Market Cap$7.5B

Apparel - Footwear & Accessories

Consumer Cyclical

Employees6.1K

Websitebirkenstock-holding.com

Overview

Overview of institutional ownership in BIRK as of Q3 2025 with a market cap of $8.3B

All Institutions

Institutions: 251
Value Held: $8.5B
Shares Held: 187.5M
Avg Position: $33.8M
Median Position: $792.2K

Hedge Funds

Hedge Funds: 43
Value Held: $501.9M
Shares Held: 11.1M
Avg Position: $11.7M
Median Position: $4.2M

Ownership Breakdown

Institutional (non-HF)

95.92%

$8.0B

Hedge Funds

6.03%

$501.9M

Retail & Other

Based on market cap of $8.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BIRK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
C Catterton Management Company, L.L.C. Institution	-	$5.2B 95.93% of portfolio	62.53% 115.0M shares	Q2 2024 Held for 1y 6m	$5.4B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$480.6M 0.30% of portfolio	5.78% 10.6M shares	Q4 2023 Held for 2 years	$161.58B
BAMCO INC /NY/ Long Only Manager	Ronald Stephen Baron CEO	$287.5M 0.76% of portfolio	3.45% 6.4M shares	Q4 2023 Held for 2 years	$37.7B
FMR LLC Institution	-	$185.8M 0.01% of portfolio	2.23% 4.1M shares	Q4 2023 Held for 2 years	$1.92T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$132.3M 0.01% of portfolio	1.59% 2.9M shares	Q4 2023 Held for 2 years	$912.31B
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	William Albert Muggia CEO	$102.0M 0.43% of portfolio	1.23% 2.3M shares	Q1 2025 Held for 9 months	$23.8B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$101.2M 0.01% of portfolio	1.22% 2.2M shares	Q4 2023 Held for 2 years	$1.65T
A AGF MANAGEMENT LTD Institution	-	$94.5M 0.42% of portfolio	1.14% 2.1M shares	Q4 2024 Held for 1 year	$22.4B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$86.5M 0.02% of portfolio	1.04% 1.9M shares	Q1 2024 Held for 1y 9m	$466.34B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$70.3M 0.06% of portfolio	0.85% 1.6M shares	Q4 2023 Held for 2 years	$122.10B

Net Capital Flow

Institutional buying and selling activity for BIRK in Q3 2025

Traded: +$53.2M
Buyers: 144
Sellers: 128
Total Bought: +$772.6M
Total Sold: −$719.5M
Avg Position: $28.7M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$125.9M +2.8M shares	$132.3M 2.9M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$102.2M +2.3M shares	$480.6M 10.6M shares
BAMCO INC /NY/ Long Only Manager	+$84.9M +1.9M shares	$287.5M 6.4M shares
S Swedbank AB Institution	+$54.3M +1.2M shares	$54.3M 1.2M shares
Durable Capital Partners LP Hedge Fund•Long/Short	+$40.1M +886.7K shares	$40.1M 886.7K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$37.5M +829.3K shares	$86.5M 1.9M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$29.5M +652.7K shares	$69.9M 1.5M shares
H Hook Mill Capital Partners, LP Institution	+$26.7M +590.0K shares	$47.1M 1.0M shares
MORGAN STANLEY RIA/Wealth	+$26.5M +585.9K shares	$101.2M 2.2M shares
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	+$26.1M +577.5K shares	$102.0M 2.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$113.4M −2.5M shares	$21.9M 484.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$86.0M −1.9M shares	$70.3M 1.6M shares
Greenvale Capital LLP Hedge Fund•Long/Short	−$66.4M −1.4M shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$45.3M −1.0M shares	$69.2M 1.5M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	−$45.3M −1.0M shares	$67.9M 1.5M shares
M Man Group plc Institution	−$44.9M −913.6K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$35.5M −784.8K shares	$61.7M 1.4M shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$30.1M −664.7K shares	$49.0M 1.1M shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	−$29.1M −592.1K shares	Sold Off 0 shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	−$16.2M −357.8K shares	$8.6M 190.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BIRK in Q3 2025

New Positions: 32
New Value: $87.5M
Exited Positions: 43
Exited Value: $230.3M

New Positions

Institution	Position Value
S Swedbank AB Institution	$54.3M 1.2M shares
FRANKLIN RESOURCES INC Institution	$11.4M 252.6K shares
Point72 Europe LLP Digital Asset Manager	$9.9M 217.9K shares
Tabor Asset Management, LP Hedge Fund•Long/Short	$2.3M 51.4K shares
Aurora Investment Counsel RIA/Wealth	$2.2M 49.4K shares
A Amundi Institution	$1.3M 28.4K shares
M MACQUARIE GROUP LTD Institution	$685.5K 15.1K shares
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$679.3K 15.0K shares
Cetera Investment Advisers RIA/Wealth	$623.3K 13.8K shares
BB&T CORP Institution	$601.7K 13.3K shares

Exited Positions

Institution	Previous Position
Greenvale Capital LLP Hedge Fund•Long/Short	$66.4M 1.4M shares
M Man Group plc Institution	$44.9M 913.6K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$29.1M 592.1K shares
Davidson Kempner Capital Management LP Hedge Fund•Multi-Strategy	$14.8M 300.0K shares
MANE GLOBAL CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$14.6M 296.6K shares
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy	$9.8M 200.0K shares
A AXA Institution	$5.8M 117.5K shares
D D. E. Shaw & Co., Inc. Institution	$4.9M 100.3K shares
Nicholas Investment Partners, LP Long Only Manager	$4.7M 94.7K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$3.6M 72.6K shares

Options Activity

Institutions with the largest Call and Put options positions in BIRK as of Q3 2025

Call Positions: 17
Call Value: $64.9M
Put Positions: 14
Put Value: $68.6M

Call Positions

Institution	Position Value
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$26.9M 5.9K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$21.8M 4.8K contracts
Fortress Investment Group LLC RIA/Wealth	$3.9M 864.0 contracts
J JANE STREET GROUP, LLC Institution	$2.8M 612.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$2.3M 500.0 contracts
LEUCADIA NATIONAL CORP Institution	$1.8M 400.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 242.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$859.8K 190.0 contracts
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$814.5K 180.0 contracts
W WOLVERINE TRADING, LLC Institution	$741.9K 166.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$30.4M 6.7K contracts
J JANE STREET GROUP, LLC Institution	$15.1M 3.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$13.8M 3.0K contracts
BANK OF AMERICA CORP /DE/ Institution	$2.3M 500.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.5M 344.0 contracts
C CREDIT INDUSTRIEL ET COMMERCIAL Institution	$1.3M 295.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.2M 270.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$950.3K 210.0 contracts
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$814.5K 180.0 contracts
Walleye Trading LLC RIA/Wealth	$800.9K 177.0 contracts

Most Committed Institutions

Institutions with BIRK as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C Catterton Management Company, L.L.C. Institution	-	95.93% $5.2B	62.53% 115.0M shares	Q2 2024 Held for 1y 6m	$5.4B
C Crestwood Capital Management, L.P. Hedge Fund•Long/Short	Michael Roy Weisberg Managing Partner	6.32% $9.1M	0.11% 200.6K shares	Q4 2023 Held for 2 years	$143.6M
H Hook Mill Capital Partners, LP Institution	-	4.27% $47.1M	0.57% 1.0M shares	Q2 2025 Held for 6 months	$1.1B
A Alua Capital Management LP Hedge Fund•Long/Short	Thomas William Purcell Founder	3.71% $53.8M	0.65% 1.2M shares	Q1 2025 Held for 9 months	$1.4B
Fortress Investment Group LLC RIA/Wealth	Sanjiv Kumar Founder	3.68% $27.2M	0.33% 600.0K shares	Q4 2024 Held for 1 year	$737.1M
L Longaeva Partners L.P. Institution	-	3.45% $16.1M	0.19% 356.3K shares	Q2 2025 Held for 6 months	$467.6M
W Wealth High Governance Capital Ltda Institution	-	2.48% $8.1M	0.10% 180.0K shares	Q3 2024 Held for 1y 3m	$327.9M
Renaissance Capital LLC ETF Provider	William Kevin Smith CEO	1.76% $3.1M	0.04% 69.1K shares	Q4 2023 Held for 2 years	$177.7M
B BW Gestao de Investimentos Ltda. Institution	-	1.75% $22.9M	0.28% 506.1K shares	Q4 2023 Held for 2 years	$1.3B
Tabor Asset Management, LP Hedge Fund•Long/Short	Ankur Jain President	1.41% $2.3M	0.03% 51.4K shares	Q3 2025 Held for 3 months	$165.0M

Hedge Fund Spotlight

Discover hedge funds investing in BIRK

Cinctive Capital Management LP

Hedge Fund • Multi-Strategy

Portfolio ManagerLawrence Joseph Sapanski

Portfolio Value: $2.0B
Positions: 376
Last Reported: Q3 2025

Sector Allocation

Position in Birkenstock

Market Value: $15.5M
Shares Held: 342.9K
Portfolio Weight: 0.77%
Owned Since: 2024-Q1

Top Holding	Sector	Market Value	Weight
1 Vistra VST	Independent Power Producers Utilities	$38.5M	1.92%
2 CyberArk Software CYBR	Software - Infrastructure Technology	$31.9M	1.59%
3 Ross Stores ROST	Apparel - Retail Consumer Cyclical	$31.5M	1.57%