Darden Restaurants
DRI
916 hedge funds and large institutions have $19.4B invested in Darden Restaurants in 2024 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 320 increasing their positions, 318 reducing their positions, and 83 closing their positions.
23% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 83
2.65% more ownership
Funds ownership: 94.36% → 97.02% (+2.7%)
1% more funds holding
Funds holding: 906 → 916 (+10)
4% more capital invested
Capital invested by funds: $18.6B → $19.4B (+$707M)
1% more repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 318
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
38% less call options, than puts
Call options by funds: $275M | Put options by funds: $445M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$141M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$126M |
| 3 |
HCM
Hamlin Capital Management
New York
|
+$116M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$78.8M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$72.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$233M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$79.8M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$69M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$61.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$49M |
DRI Hedge Fund Activity: Q1 2024 in Review
916 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2024, worth a combined $19.4B — up 3.8% from $18.6B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new DRI positions and 83 closed out — a net gain of 19 holders — while 320 added to existing stakes and 318 trimmed.
The largest buyer was Charles Schwab, adding an estimated $141M. The largest seller was Morgan Stanley, cutting an estimated $233M.
- 916 institutional investors held Darden Restaurants (DRI) as of Q1 2024, up from 906 in Q4 2023.
- Funds reported $19.4B of Darden Restaurants stock for Q1 2024, up 3.8% quarter-over-quarter.
- 102 funds opened new Darden Restaurants positions in Q1 2024 and 83 closed out, a net change of +19 holders.
- The largest Darden Restaurants buyer in Q1 2024 was Charles Schwab, an estimated $141M added.
- The largest Darden Restaurants seller in Q1 2024 was Morgan Stanley, an estimated $233M sold.
Based on aggregated 13F filings for Q1 2024.