Winmark Corporation (WINA) reported third-quarter revenue of $27.9 million for the quarter ended September 26, 2026, compared with $22.6 million a year earlier. Net income was $11.8 million, or $3.21 per diluted share, versus $11.1 million, or $3.02 per diluted share, in the prior-year quarter.
For the first nine months of 2026, Winmark reported revenue of $70.7 million and net income of $31.5 million, or $8.51 per diluted share.
- Third-quarter royalties were $21.7 million, compared with $20.9 million a year earlier.
- North American advertising fund revenue and expense were each $3.8 million in the quarter.
- Income from operations was $15.8 million, compared with $14.9 million in the prior-year quarter.
- At September 26, 2026, Winmark had 1,398 franchises operating and 79 awarded franchises not yet open.
- Cash and cash equivalents were $28.0 million at quarter end.
$WINA Hedge Fund Activity
We have seen 99 institutional investors add shares of $WINA stock to their portfolio, and 101 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 51,781 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $21,907,505
- MAN GROUP PLC removed 36,699 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $15,526,612
- COPELAND CAPITAL MANAGEMENT, LLC added 34,832 shares (+55.2%) to their portfolio in Q3 2026, for an estimated $10,456,218
- GOLDMAN SACHS GROUP INC removed 33,300 shares (-47.6%) from their portfolio in Q2 2026, for an estimated $14,088,564
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 26,906 shares (+inf%) to their portfolio in Q2 2026, for an estimated $11,383,390
- BESSEMER GROUP INC removed 25,237 shares (-59.1%) from their portfolio in Q2 2026, for an estimated $10,677,269
- FIRST TRUST ADVISORS LP added 25,112 shares (+16.7%) to their portfolio in Q2 2026, for an estimated $10,624,384
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
