Darden Restaurants
464 hedge funds and large institutions have $5.32B invested in Darden Restaurants in 2014 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 162 increasing their positions, 165 reducing their positions, and 51 closing their positions.
83% more call options, than puts
Call options by funds: $159M | Put options by funds: $87.1M
3.16% more ownership
Funds ownership: 94.04% → 97.19% (+3.2%)
2% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 51
1% less funds holding
Funds holding: 467 → 464 (-3)
2% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 165
5% less capital invested
Capital invested by funds: $5.62B → $5.32B (-$299M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$96.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$67M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$56.5M |
| 4 |
SV
Starboard Value
New York
|
+$47.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$40.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$53.9M |
| 2 |
PRO
Pensioenfonds Rail & OV
Utrecht,
Netherlands
|
-$42.5M |
| 3 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$29M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$28.5M |
| 5 |
Morgan Stanley
New York
|
-$23.1M |
DRI Hedge Fund Activity: Q2 2014 in Review
464 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q2 2014, worth a combined $5.32B — down 5.3% from $5.62B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new DRI positions and 51 closed out — a net gain of 1 holder — while 162 added to existing stakes and 165 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $96.5M. The largest seller was Capital International Investors, cutting an estimated $53.9M.
- 464 institutional investors held Darden Restaurants (DRI) as of Q2 2014, down from 467 in Q1 2014.
- Funds reported $5.32B of Darden Restaurants stock for Q2 2014, down 5.3% quarter-over-quarter.
- 52 funds opened new Darden Restaurants positions in Q2 2014 and 51 closed out, a net change of +1 holder.
- The largest Darden Restaurants buyer in Q2 2014 was Fidelity Investments, an estimated $96.5M added.
- The largest Darden Restaurants seller in Q2 2014 was Capital International Investors, an estimated $53.9M sold.
Based on aggregated 13F filings for Q2 2014.