Darden Restaurants
712 hedge funds and large institutions have $13.2B invested in Darden Restaurants in 2019 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 240 increasing their positions, 256 reducing their positions, and 66 closing their positions.
14% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 66
1% more funds holding
Funds holding: 705 → 712 (+7)
4% less capital invested
Capital invested by funds: $13.8B → $13.2B (-$605M)
6% less repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 256
1.4% less ownership
Funds ownership: 92.48% → 91.08% (-1.4%)
16% less call options, than puts
Call options by funds: $92.1M | Put options by funds: $110M
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$106M |
| 2 |
Renaissance Technologies
New York
|
+$82.1M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$60.5M |
| 4 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$53.2M |
| 5 |
JCM
Junto Capital Management
New York
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$82.6M |
| 2 |
Squarepoint
New York
|
-$70M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$47.8M |
| 5 |
Two Sigma Advisers
New York
|
-$42.2M |
DRI Hedge Fund Activity: Q3 2019 in Review
712 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2019, worth a combined $13.2B — down 4.4% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new DRI positions and 66 closed out — a net gain of 9 holders — while 240 added to existing stakes and 256 trimmed.
The largest buyer was Capital World Investors, adding an estimated $106M. The largest seller was BlackRock, cutting an estimated $82.6M.
- 712 institutional investors held Darden Restaurants (DRI) as of Q3 2019, up from 705 in Q2 2019.
- Funds reported $13.2B of Darden Restaurants stock for Q3 2019, down 4.4% quarter-over-quarter.
- 75 funds opened new Darden Restaurants positions in Q3 2019 and 66 closed out, a net change of +9 holders.
- The largest Darden Restaurants buyer in Q3 2019 was Capital World Investors, an estimated $106M added.
- The largest Darden Restaurants seller in Q3 2019 was BlackRock, an estimated $82.6M sold.
Based on aggregated 13F filings for Q3 2019.