Dine Brands Global

DIN • NYSE

Dine Brands Global is a restaurants company in the consumer cyclical sector on NYSE, led by Vance Y. Chang, with a market cap of $491.1M. As of Q3 2025, 73% of shares are held by 147 institutional investors, with BlackRock, Inc. as the largest holder at 8.64%.

CEOVance Y. Chang

Market Cap$491.1M

Restaurants

Consumer Cyclical

Employees596.0

Websitedinebrands.com

Country

United States of America

Overview

Overview of institutional ownership in DIN as of Q3 2025 with a market cap of $380.2M

All Institutions

Institutions: 147
Value Held: $276.4M
Shares Held: 11.2M
Avg Position: $1.9M
Median Position: $269.4K

Hedge Funds

Hedge Funds: 23
Value Held: $71.4M
Shares Held: 2.9M
Avg Position: $3.1M
Median Position: $2.2M

Ownership Breakdown

Institutional (non-HF)

53.94%

$205.1M

Hedge Funds

18.77%

$71.4M

Retail & Other

27.29%

$103.7M

Based on market cap of $380.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DIN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$32.9M 0.00% of portfolio	8.64% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$25.7M 0.00% of portfolio	6.77% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
C CIBC World Markets Inc. Institution	-	$17.8M 0.04% of portfolio	4.68% 720.1K shares	Q3 2024 Held for 1y 2m	$48.7B
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$11.9M 0.03% of portfolio	3.14% 482.9K shares	Q4 2019 Held for 5y 11m	$45.1B
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	Anthony Ryan CEO	$9.7M 0.01% of portfolio	2.55% 392.1K shares	Q1 2024 Held for 1y 8m	$158.92B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$8.7M 0.01% of portfolio	2.30% 353.3K shares	Q1 2018 Held for 7y 8m	$62.0B
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	$8.2M 0.44% of portfolio	2.17% 333.0K shares	Q4 2021 Held for 3y 11m	$1.9B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$8.0M 0.00% of portfolio	2.10% 322.9K shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$7.8M 0.00% of portfolio	2.06% 317.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$7.8M 0.00% of portfolio	2.02% 310.5K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T

Net Capital Flow

Institutional buying and selling activity for DIN in Q3 2025

Traded: −$40.3M
Buyers: 66
Sellers: 85
Total Bought: +$27.1M
Total Sold: −$67.4M
Avg Position: $1.6M

Biggest Buyers

Institution	Net Bought	Current Position
N NOMURA HOLDINGS INC Institution	+$4.2M +168.9K shares	$4.2M 168.9K shares
M MONIMUS CAPITAL MANAGEMENT, LP Hedge Fund•Long/Short	+$2.9M +116.3K shares	$5.2M 210.1K shares
VANGUARD GROUP INC Institution	+$2.5M +101.3K shares	$25.7M 1.0M shares
A Advisor Group Holdings, Inc. Institution	+$2.3M +95.3K shares	$2.5M 102.5K shares
S SG Americas Securities, LLC Institution	+$2.0M +80.2K shares	$2.0M 80.2K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$1.7M +68.7K shares	$8.0M 322.9K shares
O Olstein Capital Management, L.P. Long Only Manager	+$1.4M +54.7K shares	$7.7M 310.7K shares
Blueshift Asset Management, LLC Hedge Fund•Quant	+$1.1M +45.6K shares	$1.1M 45.6K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	+$1.0M +41.4K shares	$1.0M 41.4K shares
Y Y-Intercept Ltd Institution	+$895.2K +36.2K shares	$895.2K 36.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$6.8M −273.7K shares	$9.7M 392.1K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$6.1M −246.7K shares	$5.2M 208.7K shares
Woodline Partners LP Hedge Fund•Long/Short	−$5.8M −237.1K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$5.1M −207.8K shares	$5.5M 222.6K shares
C CIBC World Markets Inc. Institution	−$3.3M −132.4K shares	$17.8M 720.1K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$3.2M −131.2K shares	$1.5M 59.6K shares
Trexquant Investment LP Hedge Fund•Quant	−$3.2M −130.7K shares	$2.9M 118.0K shares
S South Dakota Investment Council Institution	−$2.9M −118.6K shares	Sold Off 0 shares
TREMBLANT CAPITAL GROUP Institution	−$2.9M −118.5K shares	Sold Off 0 shares
BANK OF AMERICA CORP /DE/ Institution	−$2.8M −112.1K shares	$2.8M 112.3K shares

Entry and Exit Activity

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

New Positions: 6
New Value: $854.7K
Exited Positions: 28
Exited Value: $21.0M

New Positions

Institution	Position Value
SummerHaven Investment Management, LLC Long Only Manager	$837.3K 33.9K shares
CITY HOLDING CO Institution	$8.4K 340.0 shares
O Optiver Holding B.V. Institution	$5.9K 238.0 shares
Clayton Financial Group LLC RIA/Wealth	$2.5K 100.0 shares
R Rialto Wealth Management, LLC RIA/Wealth	$495.0 20.0 shares
Sontag Advisory, LLC RIA/Wealth	$148.0 6.0 shares

Exited Positions

Institution	Previous Position
Woodline Partners LP Hedge Fund•Long/Short	$5.8M 237.1K shares
S South Dakota Investment Council Institution	$2.9M 118.6K shares
TREMBLANT CAPITAL GROUP Institution	$2.9M 118.5K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$2.0M 82.4K shares
Engineers Gate Manager LP Hedge Fund•Quant	$1.4M 58.9K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$916.2K 37.7K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$820.0K 33.7K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	$725.4K 29.8K shares
D D. E. Shaw & Co., Inc. Institution	$669.8K 27.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$448.5K 18.4K shares

Options Activity

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

Call Positions: 7
Call Value: $9.6M
Put Positions: 10
Put Value: $11.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.9M 2.4K contracts
D D. E. Shaw & Co., Inc. Institution	$1.4M 550.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.2M 468.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$778.7K 315.0 contracts
J JANE STREET GROUP, LLC Institution	$237.3K 96.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$89.0K 36.0 contracts
Walleye Trading LLC RIA/Wealth	$37.1K 15.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.8M 1.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.2M 1.3K contracts
R ROYAL BANK OF CANADA Institution	$2.8M 1.1K contracts
W WOLVERINE TRADING, LLC Institution	$780.2K 316.0 contracts
J JANE STREET GROUP, LLC Institution	$459.8K 186.0 contracts
D D. E. Shaw & Co., Inc. Institution	$225.0K 91.0 contracts
Walleye Trading LLC RIA/Wealth	$192.8K 78.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$178.0K 72.0 contracts
P PEAK6 LLC Institution	- - contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Seven Six Capital Management, LLC Institution	-	4.94% $5.0M	1.32% 202.8K shares	Q4 2024 Held for 11 months	$101.4M
M MONIMUS CAPITAL MANAGEMENT, LP Hedge Fund•Long/Short	Brian Jeffrey Bellinger Managing Partner	3.98% $5.2M	1.37% 210.1K shares	Q2 2025 Held for 5 months	$130.6M
N New Century Financial Group, LLC RIA/Wealth	Jon Paul Brouard President	2.40% $1.4M	0.36% 54.7K shares	Q2 2025 Held for 5 months	$56.3M
F Factorial Partners, LLC Hedge Fund•Value	Mark Philip Kleiman Managing Partner	1.60% $2.2M	0.58% 89.3K shares	Q2 2023 Held for 2y 5m	$138.3M
O Olstein Capital Management, L.P. Long Only Manager	Robert Alan Olstein CEO	1.45% $7.7M	2.02% 310.7K shares	Q1 2017 Held for 8y 8m	$529.6M
V Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Institution	-	1.23% $2.1M	0.55% 84.3K shares	Q2 2022 Held for 3y 5m	$169.3M
M Mork Capital Management Institution	-	0.94% $1.4M	0.36% 55.0K shares	Q4 2023 Held for 1y 11m	$145.1M
SummerHaven Investment Management, LLC Long Only Manager	Kurt Jonathon Nelson CEO	0.49% $837.3K	0.22% 33.9K shares	Q3 2025 Held for 2 months	$170.9M
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	0.44% $8.2M	2.17% 333.0K shares	Q4 2021 Held for 3y 11m	$1.9B
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	George Demetrios Papadopoulos CFO	0.35% $5.6M	1.47% 225.6K shares	Q4 2024 Held for 11 months	$1.6B

Hedge Fund Spotlight

Discover hedge funds investing in DIN

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.

Hedge Fund • Market Neutral

Portfolio ManagerGeorge Demetrios Papadopoulos

Portfolio Value: $1.6B
Positions: 605
Last Reported: Q3 2025

Sector Allocation

Position in Dine Brands Global

Market Value: $5.6M
Shares Held: 225.6K
Portfolio Weight: 0.35%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 iShares 1-3 Year Treasury Bond SHY	ETF ETF	$48.4M	3.06%
2 Heico Corporation HEI.A	Aerospace & Defense Industrials	$27.5M	1.74%
3 Monster Beverage MNST	Beverages - Non-Alcoholic Consumer Defensive	$23.5M	1.48%