Darden Restaurants
444 hedge funds and large institutions have $5.86B invested in Darden Restaurants in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 155 increasing their positions, 170 reducing their positions, and 55 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
154% more call options, than puts
Call options by funds: $372M | Put options by funds: $146M
10% more capital invested
Capital invested by funds: $5.32B → $5.86B (+$537M)
9% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 170
1.18% less ownership
Funds ownership: 97.19% → 96.01% (-1.2%)
4% less funds holding
Funds holding: 464 → 444 (-20)
29% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$162M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$149M |
| 3 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$30.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$21.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$103M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$73.1M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$55.8M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$47.3M |
| 5 |
First Manhattan
New York
|
-$35.9M |
DRI Hedge Fund Activity: Q3 2014 in Review
444 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2014, worth a combined $5.86B — up 10% from $5.32B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of DRI and 39 opened new positions — a net loss of 16 holders — while 170 trimmed existing stakes and 155 added.
The largest buyer was Starboard Value, adding an estimated $162M. The largest seller was Capital International Investors, cutting an estimated $103M.
- 444 institutional investors held Darden Restaurants (DRI) as of Q3 2014, down from 464 in Q2 2014.
- Funds reported $5.86B of Darden Restaurants stock for Q3 2014, up 10% quarter-over-quarter.
- 39 funds opened new Darden Restaurants positions in Q3 2014 and 55 closed out, a net change of -16 holders.
- The largest Darden Restaurants buyer in Q3 2014 was Starboard Value, an estimated $162M added.
- The largest Darden Restaurants seller in Q3 2014 was Capital International Investors, an estimated $103M sold.
Based on aggregated 13F filings for Q3 2014.