Dunkin’ Shareholders Plan Secondary Offering
By Joseph Griesbeck, CFA - Editor, Ownership Intelligence
On the same day Dunkin’ Brands Group (DNKN-O) reported earnings, its key shareholders announced their plan to sell a large number of shares before the end of the year.
Three private equity firms, Carlyle, Bain, and Thomas H. Lee, together own almost 90 million shares, or 75% of the company, and they will offer 22 million shares in a deal where Dunkin’ will not receive any proceeds. Even though the company announced that Q3 earnings rose 33%, excluding IPO expenses, and exceeded expectations, DNKN shares closed down 7.5%.
Dunkin’ shares started trading in late July, so institutions do not have to file their position in DNKN for another two weeks, the SEC-mandated deadline for Q3 13-F filings. Mutual funds file semi-annually, though, so some have disclosed holdings in the donut and coffee company since its IPO.
View the full report here to see the top mutual funds and their parent institutions.
Thomson Reuters Ownership Intelligence offers free access to industry reports, investor profiles, job movements of investment professionals, and much more. Follow us on Twitter.

