Darden Restaurants
813 hedge funds and large institutions have $15B invested in Darden Restaurants in 2022 Q4 according to their latest regulatory filings, with 148 funds opening new positions, 286 increasing their positions, 231 reducing their positions, and 54 closing their positions.
174% more first-time investments, than exits
New positions opened: 148 | Existing positions closed: 54
24% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 231
12% more funds holding
Funds holding: 729 → 813 (+84)
8% more capital invested
Capital invested by funds: $13.9B → $15B (+$1.07B)
4% more call options, than puts
Call options by funds: $223M | Put options by funds: $214M
1.23% less ownership
Funds ownership: 89.85% → 88.62% (-1.2%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$149M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$115M |
| 3 |
Holocene Advisors
New York
|
+$82.6M |
| 4 |
Morgan Stanley
New York
|
+$74.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$304M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$259M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$66.8M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$55.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$51M |
DRI Hedge Fund Activity: Q4 2022 in Review
813 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q4 2022, worth a combined $15B — up 7.7% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 148 funds opened new DRI positions and 54 closed out — a net gain of 94 holders — while 286 added to existing stakes and 231 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $149M. The largest seller was Capital International Investors, cutting an estimated $304M.
- 813 institutional investors held Darden Restaurants (DRI) as of Q4 2022, up from 729 in Q3 2022.
- Funds reported $15B of Darden Restaurants stock for Q4 2022, up 7.7% quarter-over-quarter.
- 148 funds opened new Darden Restaurants positions in Q4 2022 and 54 closed out, a net change of +94 holders.
- The largest Darden Restaurants buyer in Q4 2022 was Victory Capital Management, an estimated $149M added.
- The largest Darden Restaurants seller in Q4 2022 was Capital International Investors, an estimated $304M sold.
Based on aggregated 13F filings for Q4 2022.