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Darden Restaurants

467 hedge funds and large institutions have $5.62B invested in Darden Restaurants in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 169 increasing their positions, 190 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more call options, than puts

Call options by funds: $181M | Put options by funds: $98.3M

0.06% more ownership

Funds ownership: 93.97%94.04% (+0.06%)

5% less funds holding

Funds holding: 491467 (-24)

5% less capital invested

Capital invested by funds: $5.93B → $5.62B (-$306M)

11% less repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 190

32% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 62

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
467
Holders Change
-24
Holders Change %
-4.89%
% of All Funds
13.49%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.12%
New
42
Increased
169
Reduced
190
Closed
62
Calls
$181M
Puts
$98.3M
Net Calls
+$82.5M
Net Calls Change
+$34.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$761M +$29M +648,842 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$458M +$15M +336,534 +3%
SV
3
Starboard Value
New York
$368M
Capital International Investors
4
Capital International Investors
California
$266M
State Street
5
State Street
Massachusetts
$258M -$23.1M -515,846 -8%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$254M +$197M +4,399,814 +371%
BFA
7
BlackRock Fund Advisors
California
$240M -$602K -13,461 -0.3%
BIT
8
BlackRock Institutional Trust
California
$171M -$655K -14,643 -0.4%
TCIM
9
TIAA CREF Investment Management
New York
$131M +$28.9M +645,466 +29%
RRAM
10
River Road Asset Management
Kentucky
$109M +$1.8M +40,223 +2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$109M -$6.9M -154,310 -6%
Northern Trust
12
Northern Trust
Illinois
$103M -$3.93M -87,811 -4%
Invesco
13
Invesco
Georgia
$101M +$41.8M +935,358 +72%
WCM
14
Wedge Capital Management
North Carolina
$93.4M +$2.71M +60,642 +3%
Bank of America
15
Bank of America
North Carolina
$93.3M +$7.49M +167,419 +9%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$85.1M -$291K -6,505 -0.3%
EARNEST Partners
17
EARNEST Partners
Georgia
$68.6M +$35K +782 +0.1%
TA
18
Teachers Advisors
New York
$63.4M +$26.2M +585,554 +72%
Morgan Stanley
19
Morgan Stanley
New York
$62M +$16.4M +365,906 +37%
MHI
20
Miller Howard Investments
New York
$59.3M +$58.4M +1,306,340 New
Wells Fargo
21
Wells Fargo
California
$58.9M +$3.54M +79,234 +7%
Norges Bank
22
Norges Bank
Norway
$51.3M +$1.63M +36,554 +3%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$49.4M +$210K +4,695 +0.4%
BG
24
BlackRock Group
United Kingdom
$46.7M -$270K -6,035 -0.6%
Millennium Management
25
Millennium Management
New York
$46M -$21.4M -479,392 -32%

DRI Hedge Fund Activity: Q1 2014 in Review

467 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2014, worth a combined $5.62B — down 5.2% from $5.93B a quarter earlier.

Sellers outnumbered buyers: 62 funds closed out of DRI and 42 opened new positions — a net loss of 20 holders — while 190 trimmed existing stakes and 169 added.

The largest buyer was Fidelity Investments, adding an estimated $197M. The largest seller was Tiger Consumer Management, exiting entirely with an estimated $95.4M sold.

  • 467 institutional investors held Darden Restaurants (DRI) as of Q1 2014, down from 491 in Q4 2013.
  • Funds reported $5.62B of Darden Restaurants stock for Q1 2014, down 5.2% quarter-over-quarter.
  • 42 funds opened new Darden Restaurants positions in Q1 2014 and 62 closed out, a net change of -20 holders.
  • The largest Darden Restaurants buyer in Q1 2014 was Fidelity Investments, an estimated $197M added.
  • The largest Darden Restaurants seller in Q1 2014 was Tiger Consumer Management, an estimated $95.4M sold.

Based on aggregated 13F filings for Q1 2014.