Darden Restaurants
622 hedge funds and large institutions have $6.03B invested in Darden Restaurants in 2020 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 167 increasing their positions, 253 reducing their positions, and 202 closing their positions.
2.28% more ownership
Funds ownership: 89.22% → 91.5% (+2.3%)
5% more call options, than puts
Call options by funds: $99.7M | Put options by funds: $95.3M
14% less funds holding
Funds holding: 726 → 622 (-104)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 253
49% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 202
49% less capital invested
Capital invested by funds: $11.9B → $6.03B (-$5.89B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$417M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$314M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$255M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$143M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$323M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$117M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$97.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$97.2M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$79.8M |
DRI Hedge Fund Activity: Q1 2020 in Review
622 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2020, worth a combined $6.03B — down 49% from $11.9B a quarter earlier.
Sellers outnumbered buyers: 202 funds closed out of DRI and 104 opened new positions — a net loss of 98 holders — while 253 trimmed existing stakes and 167 added.
The largest buyer was Victory Capital Management, adding an estimated $417M. The largest seller was BlackRock, cutting an estimated $323M.
- 622 institutional investors held Darden Restaurants (DRI) as of Q1 2020, down from 726 in Q4 2019.
- Funds reported $6.03B of Darden Restaurants stock for Q1 2020, down 49% quarter-over-quarter.
- 104 funds opened new Darden Restaurants positions in Q1 2020 and 202 closed out, a net change of -98 holders.
- The largest Darden Restaurants buyer in Q1 2020 was Victory Capital Management, an estimated $417M added.
- The largest Darden Restaurants seller in Q1 2020 was BlackRock, an estimated $323M sold.
Based on aggregated 13F filings for Q1 2020.