Darden Restaurants
750 hedge funds and large institutions have $17.7B invested in Darden Restaurants in 2021 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 246 increasing their positions, 263 reducing their positions, and 74 closing their positions.
14% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 74
5% more capital invested
Capital invested by funds: $16.8B → $17.7B (+$882M)
1.59% more ownership
Funds ownership: 88.25% → 89.84% (+1.6%)
0% more funds holding
Funds holding: 750 → 750 (0)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
6% less call options, than puts
Call options by funds: $499M | Put options by funds: $532M
6% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 263
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
750 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2021, worth a combined $17.7B — up 5.2% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new DRI positions and 74 closed out — a net gain of 10 holders — while 246 added to existing stakes and 263 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.
- 750 institutional investors held Darden Restaurants (DRI) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $17.7B of Darden Restaurants stock for Q3 2021, up 5.2% quarter-over-quarter.
- 84 funds opened new Darden Restaurants positions in Q3 2021 and 74 closed out, a net change of +10 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.