Darden Restaurants
840 hedge funds and large institutions have $17.5B invested in Darden Restaurants in 2023 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 315 increasing their positions, 259 reducing their positions, and 66 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 3 → 9 (+6)
62% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 66
22% more repeat investments, than reductions
Existing positions increased: 315 | Existing positions reduced: 259
16% more capital invested
Capital invested by funds: $15B → $17.5B (+$2.46B)
4.28% more ownership
Funds ownership: 89.28% → 93.57% (+4.3%)
3% more funds holding
Funds holding: 812 → 840 (+28)
34% less call options, than puts
Call options by funds: $147M | Put options by funds: $222M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$263M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$229M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$110M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$98.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$69.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$154M |
| 2 |
Amundi
Paris,
France
|
-$113M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$110M |
| 4 |
Holocene Advisors
New York
|
-$82M |
| 5 |
Man Group
London,
United Kingdom
|
-$51.3M |
DRI Hedge Fund Activity: Q1 2023 in Review
840 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2023, worth a combined $17.5B — up 16% from $15B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new DRI positions and 66 closed out — a net gain of 41 holders — while 315 added to existing stakes and 259 trimmed.
The largest buyer was Charles Schwab, adding an estimated $263M. The largest seller was Capital International Investors, cutting an estimated $154M.
- 840 institutional investors held Darden Restaurants (DRI) as of Q1 2023, up from 812 in Q4 2022.
- Funds reported $17.5B of Darden Restaurants stock for Q1 2023, up 16% quarter-over-quarter.
- 107 funds opened new Darden Restaurants positions in Q1 2023 and 66 closed out, a net change of +41 holders.
- The largest Darden Restaurants buyer in Q1 2023 was Charles Schwab, an estimated $263M added.
- The largest Darden Restaurants seller in Q1 2023 was Capital International Investors, an estimated $154M sold.
Based on aggregated 13F filings for Q1 2023.