Darden Restaurants
DRI
748 hedge funds and large institutions have $17.7B invested in Darden Restaurants in 2021 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 244 increasing their positions, 264 reducing their positions, and 74 closing their positions.
12% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 74
1.54% more ownership
Funds ownership: 88.29% → 89.84% (+1.5%)
5% more capital invested
Capital invested by funds: $16.8B → $17.7B (+$836M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less funds holding
Funds holding: 749 → 748 (-1)
5% less call options, than puts
Call options by funds: $482M | Put options by funds: $506M
8% less repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 264
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$461M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$367M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$148M |
| 4 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$111M |
| 5 |
Goldman Sachs
New York
|
+$99.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$158M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$109M |
| 3 |
Man Group
London,
United Kingdom
|
-$89.4M |
| 4 |
D.E. Shaw & Co
New York
|
-$85.1M |
| 5 |
Millennium Management
New York
|
-$84.4M |
DRI Hedge Fund Activity: Q3 2021 in Review
748 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2021, worth a combined $17.7B — up 5% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new DRI positions and 74 closed out — a net gain of 9 holders — while 244 added to existing stakes and 264 trimmed.
The largest buyer was Capital International Investors, adding an estimated $461M. The largest seller was Steadfast Capital Management, exiting entirely with an estimated $158M sold.
- 748 institutional investors held Darden Restaurants (DRI) as of Q3 2021, down from 749 in Q2 2021.
- Funds reported $17.7B of Darden Restaurants stock for Q3 2021, up 5% quarter-over-quarter.
- 83 funds opened new Darden Restaurants positions in Q3 2021 and 74 closed out, a net change of +9 holders.
- The largest Darden Restaurants buyer in Q3 2021 was Capital International Investors, an estimated $461M added.
- The largest Darden Restaurants seller in Q3 2021 was Steadfast Capital Management, an estimated $158M sold.
Based on aggregated 13F filings for Q3 2021.