Darden Restaurants
635 hedge funds and large institutions have $8.78B invested in Darden Restaurants in 2020 Q2 according to their latest regulatory filings, with 137 funds opening new positions, 217 increasing their positions, 204 reducing their positions, and 117 closing their positions.
50% more capital invested
Capital invested by funds: $5.85B → $8.78B (+$2.93B)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 117
11% more call options, than puts
Call options by funds: $295M | Put options by funds: $267M
2.5% more ownership
Funds ownership: 88.75% → 91.24% (+2.5%)
2% more funds holding
Funds holding: 622 → 635 (+13)
6% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 204
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$212M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$186M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$134M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$108M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$179M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$158M |
| 3 |
HMP
HS Management Partners
New York
|
-$62.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$49.8M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$43.2M |
DRI Hedge Fund Activity: Q2 2020 in Review
635 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q2 2020, worth a combined $8.78B — up 50% from $5.85B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new DRI positions and 117 closed out — a net gain of 20 holders — while 217 added to existing stakes and 204 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $212M. The largest seller was Citadel Advisors, cutting an estimated $179M.
- 635 institutional investors held Darden Restaurants (DRI) as of Q2 2020, up from 622 in Q1 2020.
- Funds reported $8.78B of Darden Restaurants stock for Q2 2020, up 50% quarter-over-quarter.
- 137 funds opened new Darden Restaurants positions in Q2 2020 and 117 closed out, a net change of +20 holders.
- The largest Darden Restaurants buyer in Q2 2020 was Viking Global Investors, an estimated $212M added.
- The largest Darden Restaurants seller in Q2 2020 was Citadel Advisors, an estimated $179M sold.
Based on aggregated 13F filings for Q2 2020.