Darden Restaurants
640 hedge funds and large institutions have $12B invested in Darden Restaurants in 2018 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 190 increasing their positions, 243 reducing their positions, and 60 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
45% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 60
26% more capital invested
Capital invested by funds: $9.58B → $12B (+$2.46B)
4% more funds holding
Funds holding: 615 → 640 (+25)
1% more call options, than puts
Call options by funds: $204M | Put options by funds: $202M
0.13% more ownership
Funds ownership: 90.69% → 90.81% (+0.13%)
22% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 243
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$215M |
| 2 |
Millennium Management
New York
|
+$87.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$76.7M |
| 4 |
Morgan Stanley
New York
|
+$69.9M |
| 5 |
Two Sigma Investments
New York
|
+$65.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$127M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$110M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$71.7M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$55.4M |
| 5 |
HMP
HS Management Partners
New York
|
-$55M |
DRI Hedge Fund Activity: Q2 2018 in Review
640 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q2 2018, worth a combined $12B — up 26% from $9.58B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new DRI positions and 60 closed out — a net gain of 27 holders — while 190 added to existing stakes and 243 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $215M. The largest seller was Balyasny Asset Management, cutting an estimated $127M.
- 640 institutional investors held Darden Restaurants (DRI) as of Q2 2018, up from 615 in Q1 2018.
- Funds reported $12B of Darden Restaurants stock for Q2 2018, up 26% quarter-over-quarter.
- 87 funds opened new Darden Restaurants positions in Q2 2018 and 60 closed out, a net change of +27 holders.
- The largest Darden Restaurants buyer in Q2 2018 was T. Rowe Price Associates, an estimated $215M added.
- The largest Darden Restaurants seller in Q2 2018 was Balyasny Asset Management, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2018.