Darden Restaurants
704 hedge funds and large institutions have $13.8B invested in Darden Restaurants in 2019 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 257 increasing their positions, 244 reducing their positions, and 78 closing their positions.
21% more call options, than puts
Call options by funds: $94M | Put options by funds: $77.5M
2.72% more ownership
Funds ownership: 89.69% → 92.41% (+2.7%)
5% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 244
3% more capital invested
Capital invested by funds: $13.5B → $13.8B (+$381M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3% less funds holding
Funds holding: 729 → 704 (-25)
23% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$310M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$100M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.6M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$62.8M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$49.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$99.7M |
| 2 |
Two Sigma Investments
New York
|
-$89.3M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$85M |
| 4 |
Two Sigma Advisers
New York
|
-$54.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$49.7M |
DRI Hedge Fund Activity: Q2 2019 in Review
704 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q2 2019, worth a combined $13.8B — up 2.8% from $13.5B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of DRI and 60 opened new positions — a net loss of 18 holders — while 244 trimmed existing stakes and 257 added.
The largest buyer was BlackRock, adding an estimated $310M. The largest seller was Fidelity Investments, cutting an estimated $99.7M.
- 704 institutional investors held Darden Restaurants (DRI) as of Q2 2019, down from 729 in Q1 2019.
- Funds reported $13.8B of Darden Restaurants stock for Q2 2019, up 2.8% quarter-over-quarter.
- 60 funds opened new Darden Restaurants positions in Q2 2019 and 78 closed out, a net change of -18 holders.
- The largest Darden Restaurants buyer in Q2 2019 was BlackRock, an estimated $310M added.
- The largest Darden Restaurants seller in Q2 2019 was Fidelity Investments, an estimated $99.7M sold.
Based on aggregated 13F filings for Q2 2019.