Darden Restaurants
550 hedge funds and large institutions have $7.66B invested in Darden Restaurants in 2016 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 212 increasing their positions, 195 reducing their positions, and 51 closing their positions.
221% more call options, than puts
Call options by funds: $129M | Put options by funds: $40.2M
12% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 51
4.01% more ownership
Funds ownership: 91.43% → 95.44% (+4%)
9% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 195
0% more funds holding
Funds holding: 549 → 550 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $7.77B → $7.66B (-$112M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$84.1M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$59M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$57.9M |
| 4 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$44.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$178M |
| 2 |
JP Morgan Chase
New York
|
-$76.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$49.6M |
| 4 |
Goldman Sachs
New York
|
-$45.1M |
| 5 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$41.1M |
DRI Hedge Fund Activity: Q2 2016 in Review
550 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q2 2016, worth a combined $7.66B — down 1.4% from $7.77B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new DRI positions and 51 closed out — a net gain of 6 holders — while 212 added to existing stakes and 195 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $84.1M. The largest seller was Starboard Value, cutting an estimated $178M.
- 550 institutional investors held Darden Restaurants (DRI) as of Q2 2016, up from 549 in Q1 2016.
- Funds reported $7.66B of Darden Restaurants stock for Q2 2016, down 1.4% quarter-over-quarter.
- 57 funds opened new Darden Restaurants positions in Q2 2016 and 51 closed out, a net change of +6 holders.
- The largest Darden Restaurants buyer in Q2 2016 was Schroder Investment Management Group, an estimated $84.1M added.
- The largest Darden Restaurants seller in Q2 2016 was Starboard Value, an estimated $178M sold.
Based on aggregated 13F filings for Q2 2016.