Darden Restaurants
549 hedge funds and large institutions have $7.68B invested in Darden Restaurants in 2016 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 215 increasing their positions, 177 reducing their positions, and 54 closing their positions.
110% more call options, than puts
Call options by funds: $119M | Put options by funds: $56.8M
43% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 54
21% more repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 177
3% more funds holding
Funds holding: 532 → 549 (+17)
2.37% more ownership
Funds ownership: 90.65% → 93.02% (+2.4%)
19% less capital invested
Capital invested by funds: $9.52B → $7.68B (-$1.84B)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$145M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$128M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$48.9M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$39.4M |
| 5 |
Bank of New York Mellon
New York
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$318M |
| 2 |
Capital Fund Management (CFM)
Paris,
France
|
-$35.7M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$32.5M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$31.7M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$27.4M |
DRI Hedge Fund Activity: Q1 2016 in Review
549 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2016, worth a combined $7.68B — down 19% from $9.52B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new DRI positions and 54 closed out — a net gain of 23 holders — while 215 added to existing stakes and 177 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), adding an estimated $145M. The largest seller was Starboard Value, cutting an estimated $318M.
- 549 institutional investors held Darden Restaurants (DRI) as of Q1 2016, up from 532 in Q4 2015.
- Funds reported $7.68B of Darden Restaurants stock for Q1 2016, down 19% quarter-over-quarter.
- 77 funds opened new Darden Restaurants positions in Q1 2016 and 54 closed out, a net change of +23 holders.
- The largest Darden Restaurants buyer in Q1 2016 was Skandinaviska Enskilda Banken (SEB), an estimated $145M added.
- The largest Darden Restaurants seller in Q1 2016 was Starboard Value, an estimated $318M sold.
Based on aggregated 13F filings for Q1 2016.