Darden Restaurants
DRI
906 hedge funds and large institutions have $18.6B invested in Darden Restaurants in 2023 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 285 increasing their positions, 313 reducing their positions, and 68 closing their positions.
103% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 68
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
15% more capital invested
Capital invested by funds: $16.2B → $18.6B (+$2.41B)
7% more funds holding
Funds holding: 848 → 906 (+58)
0.58% more ownership
Funds ownership: 93.78% → 94.36% (+0.58%)
9% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 313
24% less call options, than puts
Call options by funds: $319M | Put options by funds: $419M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$273M |
| 2 |
WFMPM
Woodley Farra Manion Portfolio Management
Indianapolis,
Indiana
|
+$53.8M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$47.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$39.8M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$352M |
| 2 |
Squarepoint
New York
|
-$38.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$31.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$26.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.5M |
DRI Hedge Fund Activity: Q4 2023 in Review
906 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q4 2023, worth a combined $18.6B — up 15% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new DRI positions and 68 closed out — a net gain of 70 holders — while 285 added to existing stakes and 313 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $273M. The largest seller was Capital International Investors, cutting an estimated $352M.
- 906 institutional investors held Darden Restaurants (DRI) as of Q4 2023, up from 848 in Q3 2023.
- Funds reported $18.6B of Darden Restaurants stock for Q4 2023, up 15% quarter-over-quarter.
- 138 funds opened new Darden Restaurants positions in Q4 2023 and 68 closed out, a net change of +70 holders.
- The largest Darden Restaurants buyer in Q4 2023 was Morgan Stanley, an estimated $273M added.
- The largest Darden Restaurants seller in Q4 2023 was Capital International Investors, an estimated $352M sold.
Based on aggregated 13F filings for Q4 2023.