Darden Restaurants
920 hedge funds and large institutions have $19.4B invested in Darden Restaurants in 2024 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 320 increasing their positions, 317 reducing their positions, and 83 closing their positions.
70% more capital inflows, than outflows
Capital inflows: $1.46B | Capital outflows: $856M
24% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 83
3.67% more ownership
Funds ownership: 93.36% → 97.02% (+3.7%)
1% more funds holding
Funds holding: 909 → 920 (+11)
1% more repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 317
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
38% less call options, than puts
Call options by funds: $275M | Put options by funds: $445M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$141M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$126M |
| 3 |
Hamlin Capital Management
New York
|
+$116M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$78.8M |
| 5 |
Westwood Holdings Group
Dallas,
Texas
|
+$72.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$90.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$79.8M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$69M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$61.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$49M |
DRI Hedge Fund Activity: Q1 2024 in Review
920 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q1 2024, worth a combined $19.4B — up 4.9% from $18.4B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new DRI positions and 83 closed out — a net gain of 20 holders — while 320 added to existing stakes and 317 trimmed.
The largest buyer was Charles Schwab, adding an estimated $141M. The largest seller was Neuberger Berman Group, cutting an estimated $90.2M.
- 920 institutional investors held Darden Restaurants (DRI) as of Q1 2024, up from 909 in Q4 2023.
- Funds reported $19.4B of Darden Restaurants stock for Q1 2024, up 4.9% quarter-over-quarter.
- 103 funds opened new Darden Restaurants positions in Q1 2024 and 83 closed out, a net change of +20 holders.
- The largest Darden Restaurants buyer in Q1 2024 was Charles Schwab, an estimated $141M added.
- The largest Darden Restaurants seller in Q1 2024 was Neuberger Berman Group, an estimated $90.2M sold.
Based on aggregated 13F filings for Q1 2024.