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Darden Restaurants

840 hedge funds and large institutions have $17.5B invested in Darden Restaurants in 2023 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 315 increasing their positions, 259 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 39 (+6)

62% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 66

22% more repeat investments, than reductions

Existing positions increased: 315 | Existing positions reduced: 259

16% more capital invested

Capital invested by funds: $15B → $17.5B (+$2.46B)

4.28% more ownership

Funds ownership: 89.28%93.57% (+4.3%)

3% more funds holding

Funds holding: 812840 (+28)

34% less call options, than puts

Call options by funds: $147M | Put options by funds: $222M

Holders
840
Holders Change
+28
Holders Change %
+3.45%
% of All Funds
13.39%
Holding in Top 10
9
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+200%
% of All Funds
0.14%
New
107
Increased
315
Reduced
259
Closed
66
Calls
$147M
Puts
$222M
Net Calls
-$75.1M
Net Calls Change
-$84.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
226
Allianz Asset Management
Germany
$3.26M -$153K -1,033 -5%
BWA
227
BDO Wealth Advisors
Florida
$3.26M -$126K -854 -4%
Skandinaviska Enskilda Banken (SEB)
228
Skandinaviska Enskilda Banken (SEB)
Sweden
$3.22M -$179K -1,213 -6%
PWA
229
Phoenix Wealth Advisors
North Carolina
$3.22M -$262K -1,768 -8%
COPPSERS
230
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$3.2M -$8.29K -56 -0.3%
HIP
231
Harrell Investment Partners
Texas
$3.18M +$267K +1,805 +10%
State of Tennessee, Department of Treasury
232
State of Tennessee, Department of Treasury
Tennessee
$3.14M +$98.2K +664 +3%
LSV Asset Management
233
LSV Asset Management
Illinois
$3.13M
VAS
234
Vestmark Advisory Solutions
Massachusetts
$3.1M +$105K +710 +4%
PI
235
PGGM Investments
Netherlands
$3.06M +$1.25M +8,442 +75%
CAN
236
Cetera Advisor Networks
California
$2.99M +$175K +1,181 +7%
VIM
237
Vinva Investment Management
Australia
$2.98M +$2.87M +19,379 New
WBC
238
Westpac Banking Corp
Australia
$2.95M -$1.01M -6,800 -26%
HAI
239
Hennessy Advisors Inc
California
$2.95M -$370K -2,500 -12%
CIBC World Market
240
CIBC World Market
Ontario, Canada
$2.85M -$158K -1,065 -5%
TC
241
TownSquare Capital
Utah
$2.82M +$2.69M +18,198 New
RJT
242
Raymond James Trust
Florida
$2.75M +$154K +1,039 +6%
BF
243
BOK Financial
Oklahoma
$2.75M -$2.24M -15,120 -46%
Janney Montgomery Scott
244
Janney Montgomery Scott
Pennsylvania
$2.75M +$308K +2,085 +13%
SAM
245
Shell Asset Management
Netherlands
$2.74M -$8.88K -60 -0.3%
PCA
246
Peddock Capital Advisors
Massachusetts
$2.74M +$77.8K +526 +3%
AI
247
Atria Investments
North Carolina
$2.71M +$948K +6,405 +58%
NYLIM
248
New York Life Investment Management
New York
$2.7M -$7.55K -51 -0.3%
NW
249
NewEdge Wealth
Pennsylvania
$2.68M +$134K +906 +6%
FIM
250
Fruth Investment Management
Texas
$2.67M

DRI Hedge Fund Activity: Q1 2023 in Review

840 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2023, worth a combined $17.5B — up 16% from $15B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new DRI positions and 66 closed out — a net gain of 41 holders — while 315 added to existing stakes and 259 trimmed.

The largest buyer was Charles Schwab, adding an estimated $263M. The largest seller was Capital International Investors, cutting an estimated $154M.

  • 840 institutional investors held Darden Restaurants (DRI) as of Q1 2023, up from 812 in Q4 2022.
  • Funds reported $17.5B of Darden Restaurants stock for Q1 2023, up 16% quarter-over-quarter.
  • 107 funds opened new Darden Restaurants positions in Q1 2023 and 66 closed out, a net change of +41 holders.
  • The largest Darden Restaurants buyer in Q1 2023 was Charles Schwab, an estimated $263M added.
  • The largest Darden Restaurants seller in Q1 2023 was Capital International Investors, an estimated $154M sold.

Based on aggregated 13F filings for Q1 2023.