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Darden Restaurants

548 hedge funds and large institutions have $9.36B invested in Darden Restaurants in 2015 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 177 increasing their positions, 222 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $152M | Put options by funds: $93.5M

26% more capital invested

Capital invested by funds: $7.45B → $9.36B (+$1.91B)

5.2% more ownership

Funds ownership: 93.48%98.67% (+5.2%)

8% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 59

1% more funds holding

Funds holding: 545548 (+3)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

20% less repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 222

Holders
548
Holders Change
+3
Holders Change %
+0.55%
% of All Funds
15.3%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.2%
New
64
Increased
177
Reduced
222
Closed
59
Calls
$152M
Puts
$93.5M
Net Calls
+$58.3M
Net Calls Change
-$7.96M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$1.68B -$1.74M -27,415 Closed
SV
2
Starboard Value
New York
$797M
Vanguard Group
3
Vanguard Group
Pennsylvania
$747M +$44.8M +705,780 +6%
State Street
4
State Street
Massachusetts
$343M -$15.4M -243,279 -4%
Invesco
5
Invesco
Georgia
$324M -$7.76M -122,336 -2%
BFA
6
BlackRock Fund Advisors
California
$309M -$13.7M -216,310 -4%
Ameriprise
7
Ameriprise
Minnesota
$259M -$13.9M -219,089 -5%
BIT
8
BlackRock Institutional Trust
California
$230M -$9.37M -147,650 -4%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$229M +$48.9M +770,120 +26%
ETC
10
Evercore Trust Company
New York
$209M +$216M +3,408,152 New
AQR Capital Management
11
AQR Capital Management
Connecticut
$164M +$91.5M +1,441,833 +117%
Northern Trust
12
Northern Trust
Illinois
$148M -$3.12M -49,148 -2%
Morgan Stanley
13
Morgan Stanley
New York
$131M +$27.1M +426,464 +25%
Norges Bank
14
Norges Bank
Norway
$101M +$20.6M +324,964 +24%
JP Morgan Chase
15
JP Morgan Chase
New York
$100M +$8.39M +132,177 +9%
Goldman Sachs
16
Goldman Sachs
New York
$99.4M +$58M +913,800 +129%
Deutsche Bank
17
Deutsche Bank
Germany
$91.6M +$35.5M +560,122 +60%
American Century Companies
18
American Century Companies
Missouri
$89.6M +$35.2M +555,098 +61%
BG
19
BlackRock Group
United Kingdom
$80.3M +$1.05M +16,546 +1%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$79M -$28.8M -453,742 -26%
Charles Schwab
21
Charles Schwab
California
$78.9M +$45.6M +718,425 +125%
Wells Fargo
22
Wells Fargo
California
$78.7M +$17.5M +275,719 +27%
Bank of America
23
Bank of America
North Carolina
$77.5M +$9.46M +149,042 +13%
EARNEST Partners
24
EARNEST Partners
Georgia
$73.4M -$2.58M -40,732 -3%
WCM
25
Wedge Capital Management
North Carolina
$71M -$69.2M -1,090,176 -48%

DRI Hedge Fund Activity: Q3 2015 in Review

548 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2015, worth a combined $9.36B — up 26% from $7.45B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new DRI positions and 59 closed out — a net gain of 5 holders — while 177 added to existing stakes and 222 trimmed.

The largest buyer was Evercore Trust Company, opening a new position worth an estimated $216M. The largest seller was Fidelity Investments, cutting an estimated $142M.

  • 548 institutional investors held Darden Restaurants (DRI) as of Q3 2015, up from 545 in Q2 2015.
  • Funds reported $9.36B of Darden Restaurants stock for Q3 2015, up 26% quarter-over-quarter.
  • 64 funds opened new Darden Restaurants positions in Q3 2015 and 59 closed out, a net change of +5 holders.
  • The largest Darden Restaurants buyer in Q3 2015 was Evercore Trust Company, an estimated $216M added.
  • The largest Darden Restaurants seller in Q3 2015 was Fidelity Investments, an estimated $142M sold.

Based on aggregated 13F filings for Q3 2015.