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Darden Restaurants

444 hedge funds and large institutions have $5.85B invested in Darden Restaurants in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 156 increasing their positions, 170 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

154% more call options, than puts

Call options by funds: $372M | Put options by funds: $146M

10% more capital invested

Capital invested by funds: $5.32B → $5.85B (+$529M)

8% less repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 170

1.18% less ownership

Funds ownership: 97.19%96.01% (-1.2%)

4% less funds holding

Funds holding: 464444 (-20)

29% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 55

Holders
444
Holders Change
-20
Holders Change %
-4.31%
% of All Funds
12.88%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
39
Increased
156
Reduced
170
Closed
55
Calls
$372M
Puts
$146M
Net Calls
+$226M
Net Calls Change
+$154M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$41.3M +$14.3M +338,135 +60%
Deutsche Bank
27
Deutsche Bank
Germany
$40.2M +$17.6M +416,715 +91%
Morgan Stanley
28
Morgan Stanley
New York
$38.7M -$162K -3,832 -0.5%
GC
29
Guggenheim Capital
Illinois
$37.3M -$1.88M -44,566 -5%
Goldman Sachs
30
Goldman Sachs
New York
$37.2M +$9.5M +224,905 +39%
ARC
31
Absolute Return Capital
Massachusetts
$32.9M +$30.2M +714,310 New
Legal & General Group
32
Legal & General Group
United Kingdom
$30.4M +$734K +17,368 +3%
U
33
UBS
Switzerland
$29M -$1.78M -42,084 -6%
AAM
34
Advisors Asset Management
Colorado
$26.4M +$9.85M +233,130 +68%
Charles Schwab
35
Charles Schwab
California
$23.5M +$942K +22,292 +5%
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
$23.5M +$14.3M +339,626 +198%
Barclays
37
Barclays
United Kingdom
$23.5M -$13.3M -315,751 -38%
Wells Fargo
38
Wells Fargo
California
$23M -$33.4M -789,746 -61%
PTC
39
Philadelphia Trust Company
Pennsylvania
$21.3M -$2.62M -61,912 -12%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$19.4M +$354K +8,383 +2%
First Trust Advisors
41
First Trust Advisors
Illinois
$19.1M +$2.44M +57,820 +16%
UBS AM
42
UBS AM
Illinois
$18.9M +$328K +7,764 +2%
AA
43
ALPS Advisors
Colorado
$18.5M +$3.13M +73,993 +23%
Credit Agricole
44
Credit Agricole
France
$18.2M +$6.23M +147,494 +59%
MAA
45
Managed Account Advisors
New Jersey
$16.7M +$1.3M +30,748 +9%
RCM
46
Riverhead Capital Management
Delaware
$16.4M +$2.12M +50,273 +16%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$15.9M -$46.1K -1,091 -0.3%
BlackRock
48
BlackRock
New York
$14.7M +$119K +2,821 +0.9%
NFA
49
Nationwide Fund Advisors
Ohio
$14.3M -$38.6K -915 -0.3%
GKIM
50
GW&K Investment Management
Massachusetts
$14M +$447K +10,571 +4%

DRI Hedge Fund Activity: Q3 2014 in Review

444 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2014, worth a combined $5.85B — up 9.9% from $5.32B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of DRI and 39 opened new positions — a net loss of 16 holders — while 170 trimmed existing stakes and 156 added.

The largest buyer was Starboard Value, adding an estimated $162M. The largest seller was Capital International Investors, cutting an estimated $103M.

  • 444 institutional investors held Darden Restaurants (DRI) as of Q3 2014, down from 464 in Q2 2014.
  • Funds reported $5.85B of Darden Restaurants stock for Q3 2014, up 9.9% quarter-over-quarter.
  • 39 funds opened new Darden Restaurants positions in Q3 2014 and 55 closed out, a net change of -16 holders.
  • The largest Darden Restaurants buyer in Q3 2014 was Starboard Value, an estimated $162M added.
  • The largest Darden Restaurants seller in Q3 2014 was Capital International Investors, an estimated $103M sold.

Based on aggregated 13F filings for Q3 2014.