CRACKER BARREL OLD CTRY STOR CBRL
COM · Common Stock · CUSIP 22410J106 · ISIN US22410J1060
American restaurant chain
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersLebanon, TN
- Founded1969
- Websitecrackerbarrel.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.4m this quarter). Holder counts are more reliable. Shares outstanding: 22.2m as of 2024-05-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $42.19. Options: 19 managers hold calls ($61.9m notional), 22 hold puts ($80.2m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 327 |
| Q4 2022 | 333 |
| Q1 2023 | 325 |
| Q2 2023 | 308 |
| Q3 2023 | 291 |
| Q4 2023 | 299 |
| Q1 2024 | 296 |
| Q2 2024 | 277 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 137 | 162 |
| Q1 2023 | 152 | 146 |
| Q2 2023 | 121 | 164 |
| Q3 2023 | 131 | 146 |
| Q4 2023 | 154 | 132 |
| Q1 2024 | 127 | 146 |
| Q2 2024 | 145 | 135 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $52.5m | $70.7m | 1.35 |
| Q4 2023 | $73.6m | $77.6m | 1.05 |
| Q1 2024 | $78.3m | $67.5m | 0.86 |
| Q2 2024 | $61.9m | $80.2m | 1.30 |
Biggest buyers
| MARSHALL WACE, LLP | New | +608.1k |
| CITADEL ADVISORS LLC | Added | +325.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +157.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +85.8k |
| GOLDMAN SACHS GROUP INC | Added | +81.1k |
| Verition Fund Management LLC | Added | +76.1k |
| Caption Management, LLC | Added | +70.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +60.8k |
| Walleye Capital LLC | Added | +59.5k |
| Jump Financial, LLC | Added | +56.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.3m |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | Sold out | -187.7k |
| EARNEST PARTNERS LLC | Reduced | -183.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -108.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -101.0k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -93.9k |
| First Eagle Investment Management, LLC | Sold out | -87.3k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -86.1k |
| Olstein Capital Management, L.P. | Sold out | -85.0k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -76.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $19.0m449.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.0m427.6k shares |
| D. E. Shaw & Co., Inc. | New | $4.6m110.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.2m76.6k shares |
| WOLVERINE TRADING, LLC | Added | $3.1m73.1k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m70.0k shares |
| IMC-Chicago, LLC | Added | $1.8m42.2k shares |
| GROUP ONE TRADING LLC | Added | $1.4m33.1k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m30.2k shares |
| Walleye Capital LLC | Reduced | $1.1m25.3k shares |
Biggest puts
| NOMURA HOLDINGS INC | New | $26.4m625.1k shares |
| CITADEL ADVISORS LLC | Added | $9.5m225.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $8.0m189.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $7.5m179.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.2m99.4k shares |
| Caption Management, LLC | Unchanged | $4.0m95.7k shares |
| PEAK6 Investments LLC | Added | $3.3m77.4k shares |
| IMC-Chicago, LLC | Added | $2.3m54.7k shares |
| Walleye Capital LLC | Added | $2.2m52.6k shares |
| WOLVERINE TRADING, LLC | Added | $2.1m50.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 14.9% |
| D. E. SHAW & CO, L.P. 13G · passive investor +2.2 pts · filed 2026-07-13 | 7.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: GMT CAPITAL CORP (2.4%, 2026-08-14), FMR LLC (3.0%, 2026-05-06), INTEGRATED CORE STRATEGIES (US) LLC (0.0%, 2026-04-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), ALLIANCEBERNSTEIN L.P. (0.1%, 2026-02-17), EARNEST PARTNERS LLC (0.0%, 2025-11-14)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $1.7m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 3.4m $145.4m | Added +15.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.6m $110.6m | Added +7.8k |
| BIGLARI CAPITAL CORP. 12.83% of their portfolio | 2.0m $84.3m | Unchanged |
| EARNEST PARTNERS LLC 0.37% of their portfolio | 1.9m $78.1m | Reduced -183.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 963.1k $40.6m | Added +51.8k |
| STATE STREET CORP 0.00% of their portfolio | 859.3k $36.2m | Reduced -11.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 674.0k $28.4m | Reduced -108.1k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 608.1k $25.6m | New |
| SEI INVESTMENTS CO 0.04% of their portfolio | 588.8k $24.8m | Reduced -13.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 524.9k $22.1m | Added +33.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 502.4k $21.2m | Added +325.2k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 463.6k $19.5m | Added +157.3k |
| MORGAN STANLEY 0.00% of their portfolio | 343.3k $14.5m | Reduced -1.3m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 323.6k $13.6m | Reduced -3.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 318.6k $13.4m | Reduced -86.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 309.0k $13.0m | Reduced -523 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 230.1k $9.7m | Reduced -2.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 227.3k $9.6m | Added +81.1k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 223.8k $9.4m | Reduced -16.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 198.9k $8.4m | Added +85.8k |
| Invesco Ltd. 0.00% of their portfolio | 152.2k $6.4m | Added +43.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 138.3k $5.8m | Reduced -101.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 134.1k $5.7m | Reduced -2.8k |
| Markel Group Inc. 0.05% of their portfolio | 111.0k $4.7m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 109.7k $4.6m | Reduced -5.9k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 105.6k $4.5m | Added +22.3k |
| Advisors Asset Management, Inc. 0.08% of their portfolio | 99.7k $4.2m | Added +10.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 98.2k $4.1m | Reduced -7.3k |
| Caption Management, LLC 0.43% of their portfolio | 95.3k $4.0m | Added +70.5k |
| NORGES BANK 0.00% of their portfolio | 94.4k $4.0m | Reduced -25.4k |
| DELTA ASSET MANAGEMENT LLC/TN 0.35% of their portfolio | 93.1k $3.9m | Reduced -5.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 92.8k $3.9m | Reduced -55.1k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 86.4k $3.6m | Added +55.7k |
| Verition Fund Management LLC 0.03% of their portfolio | 82.1k $3.5m | Added +76.1k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 76.8k $3.2m | Added +15.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 76.5k $3.2m | Added +1.9k |
| Jump Financial, LLC 0.06% of their portfolio | 75.1k $3.2m | Added +56.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 72.5k $3.1m | Reduced -31.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 70.0k $3.0m | Added +18.3k |
| BIGLARI, SARDAR 9.88% of their portfolio | 69.1k $2.9m | Unchanged |
| HRT FINANCIAL LP 0.02% of their portfolio | 66.9k $2.8m | Added +16.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 62.3k $2.6m | Added +22.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 62.2k $2.6m | Added +734 |
| Walleye Capital LLC 0.03% of their portfolio | 61.4k $2.6m | Added +59.5k |
| Legal & General Group Plc 0.00% of their portfolio | 61.1k $2.6m | Reduced -1.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 60.9k $2.6m | Added +52.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 60.8k $2.6m | New |
| UBS Group AG 0.00% of their portfolio | 59.1k $2.5m | Reduced -14.1k |
| Advisors Preferred, LLC 0.39% of their portfolio | 55.6k $2.3m | New |
| Aquatic Capital Management LLC 0.08% of their portfolio | 52.8k $2.2m | Added +51.1k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 48.9k $2.1m | Added +3.4k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 48.3k $2.0m | Added +3.9k |
| BARCLAYS PLC 0.00% of their portfolio | 45.0k $1.9m | Added +25.6k |
| PEAK6 Investments LLC 0.08% of their portfolio | 40.3k $1.7m | Reduced -39.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 40.0k $1.7m | Added +19.6k |
| Swiss National Bank 0.00% of their portfolio | 39.4k $1.7m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 38.5k $1.6m | Reduced -1.6k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 36.1k $1.5m | Added +27.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 36.0k $1.5m | Reduced -612 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 35.8k $1.5m | Reduced -57.9k |
| Capital Investment Counsel, Inc 0.21% of their portfolio | 33.8k $1.4m | Reduced -2.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 31.4k $1.3m | New |
| AXA S.A. 0.00% of their portfolio | 30.9k $1.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 29.9k $1.3m | Added +14 |
| Horrell Capital Management, Inc. 0.36% of their portfolio | 29.6k $1.2m | Added +190 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.02% of their portfolio | 27.2k $1.1m | Added +5.7k |
| LPL Financial LLC 0.00% of their portfolio | 25.5k $1.1m | Added +9.3k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 25.3k $1.1m | Reduced -26.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 24.5k $1.0m | Added +3.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 24.0k $1.0m | Reduced -1.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 24.0k $1.0m | Reduced -27.6k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 23.4k $986.7k | Added +20.3k |
| Bridgewater Associates, LP 0.01% of their portfolio | 23.3k $981.1k | Reduced -7.6k |
| IMC-Chicago, LLC 0.03% of their portfolio | 23.0k $969.8k | New |
| Rodgers Brothers Inc. 0.13% of their portfolio | 22.8k $961.0k | Added +13.3k |
| WOLVERINE TRADING, LLC 0.02% of their portfolio | 22.2k $937.9k | Added +18.9k |
| Total Clarity Wealth Management, Inc. 0.32% of their portfolio | 21.7k $913.1k | Added +10.9k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 21.4k $903.1k | Reduced -16.0k |
| TWO SIGMA SECURITIES, LLC 0.04% of their portfolio | 21.1k $887.6k | Added +15.9k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 20.0k $842.0k | Added +1.6k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 19.8k $832.8k | Added +118 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 19.6k $828.3k | Reduced -535 |
| Engineers Gate Manager LP 0.02% of their portfolio | 19.4k $816.1k | Added +5.7k |
| BEACON INVESTMENT ADVISORS LLC 0.41% of their portfolio | 19.2k $810.1k | Added +8.7k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 18.4k $777.0k | Reduced -816 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 17.9k $755.9k | Reduced -2.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 17.6k $741.8k | Reduced -27.0k |
| Advisory Services Network, LLC 0.01% of their portfolio | 17.2k $724.1k | Added +5.0k |
| GTS SECURITIES LLC 0.01% of their portfolio | 17.0k $717.8k | New |
| Factorial Partners, LLC 0.44% of their portfolio | 17.0k $716.7k | Added +3.7k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 17.0k $716.2k | Added +10.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 17.0k $715.2k | New |
| CITIGROUP INC 0.00% of their portfolio | 15.5k $653.8k | Added +1.9k |
| Parallax Volatility Advisers, L.P. 0.02% of their portfolio | 15.0k $632.4k | Added +7.5k |
| XTX Topco Ltd 0.05% of their portfolio | 14.6k $615.7k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 14.4k $606.0k | Added +1.3k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 14.3k $604.9k | Reduced -5.6k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 14.3k $604.0k | New |
| Capital Investment Advisory Services, LLC 0.06% of their portfolio | 14.3k $601.5k | Reduced -435 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 14.2k $600.4k | New |