Darden Restaurants
841 hedge funds and large institutions have $17.5B invested in Darden Restaurants in 2023 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 312 increasing their positions, 260 reducing their positions, and 66 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 3 → 9 (+6)
64% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 66
20% more repeat investments, than reductions
Existing positions increased: 312 | Existing positions reduced: 260
16% more capital invested
Capital invested by funds: $15B → $17.5B (+$2.46B)
4.95% more ownership
Funds ownership: 88.62% → 93.57% (+5%)
3% more funds holding
Funds holding: 813 → 841 (+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
841 of the 6,283 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: 108 funds opened new DRI positions and 66 closed out — a net gain of 42 holders — while 312 added to existing stakes and 260 trimmed.
The largest buyer was Charles Schwab, adding an estimated $263M. The largest seller was Capital International Investors, cutting an estimated $154M.
- 841 institutional investors held Darden Restaurants (DRI) as of Q1 2023, up from 813 in Q4 2022.
- Funds reported $17.5B of Darden Restaurants stock for Q1 2023, up 16% quarter-over-quarter.
- 108 funds opened new Darden Restaurants positions in Q1 2023 and 66 closed out, a net change of +42 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.