Lord, Abbett & Co’s Driven Brands DRVN Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2023
Q1
Sell
-575,982
Closed -$15.7M 576
2022
Q4
$15.7M Buy
575,982
+57,384
+11% +$1.72M 0.06% 380
2022
Q3
$14.5M Buy
+518,598
New +$16M 0.05% 365
2021
Q2
Sell
-525,991
Closed -$13.4M 656
2021
Q1
$13.4M Buy
+525,991
New +$14.9M 0.03% 476

Other funds holding DRVN

Lord, Abbett & Co's DRVN Position: Q1 2023 in Review

Lord, Abbett & Co sold out of Driven Brands (DRVN) in Q1 2023, closing a stake of 575,982 shares — an estimated $15.7M sold.

Lord, Abbett & Co first reported a position in DRVN in Q1 2021 and held it in 3 quarters. The position peaked at $15.7M in Q4 2022. 160 funds tracked by Wall St. Rank hold DRVN as of Q1 2023.

  • Lord, Abbett & Co reported no remaining Driven Brands position as of Q1 2023 after selling out during the quarter.
  • Lord, Abbett & Co sold 575,982 Driven Brands shares in Q1 2023, an estimated $15.7M.
  • Lord, Abbett & Co first reported a position in Driven Brands in Q1 2021 and held it in 3 quarters.
  • Lord, Abbett & Co's Driven Brands position peaked at $15.7M in Q4 2022.
  • 160 funds tracked by Wall St. Rank held Driven Brands as of Q1 2023.

Based on Lord, Abbett & Co's 13F filing for Q1 2023, filed 12 May 2023.