Darden Restaurants
DRI
482 hedge funds and large institutions have $6.56B invested in Darden Restaurants in 2013 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 197 increasing their positions, 151 reducing their positions, and 61 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
76% more call options, than puts
Call options by funds: $193M | Put options by funds: $110M
30% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 151
28% more capital invested
Capital invested by funds: $5.12B → $6.56B (+$1.45B)
0% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 61
0.45% less ownership
Funds ownership: 87.44% → 86.99% (-0.45%)
1% less funds holding
Funds holding: 486 → 482 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Smithwood Advisers
Los Angeles,
California
|
+$43.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$36.2M |
| 3 |
Two Sigma Investments
New York
|
+$27.4M |
| 4 |
SM
Scoggin Management
New York
|
+$22.8M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$63.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$48M |
| 3 |
Axa
Paris,
France
|
-$34.5M |
| 4 |
Neuberger Berman Group
New York
|
-$25.6M |
| 5 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$17.4M |
DRI Hedge Fund Activity: Q3 2013 in Review
482 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2013, worth a combined $6.56B — up 28% from $5.12B a quarter earlier.
Fund positioning in DRI was balanced in Q3 2013: 61 funds opened new positions, 61 closed out, 197 added to existing stakes and 151 trimmed.
The largest buyer was Smithwood Advisers, adding an estimated $43.7M. The largest seller was Lord, Abbett & Co, cutting an estimated $63.2M.
- 482 institutional investors held Darden Restaurants (DRI) as of Q3 2013, down from 486 in Q2 2013.
- Funds reported $6.56B of Darden Restaurants stock for Q3 2013, up 28% quarter-over-quarter.
- 61 funds opened new Darden Restaurants positions in Q3 2013 and 61 closed out, a net change of 0 holders.
- The largest Darden Restaurants buyer in Q3 2013 was Smithwood Advisers, an estimated $43.7M added.
- The largest Darden Restaurants seller in Q3 2013 was Lord, Abbett & Co, an estimated $63.2M sold.
Based on aggregated 13F filings for Q3 2013.