Darden Restaurants
900 hedge funds and large institutions have $17.3B invested in Darden Restaurants in 2024 Q2 according to their latest regulatory filings, with 99 funds opening new positions, 308 increasing their positions, 324 reducing their positions, and 103 closing their positions.
0.98% less ownership
Funds ownership: 97.02% → 96.04% (-0.98%)
4% less first-time investments, than exits
New positions opened: 99 | Existing positions closed: 103
5% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 324
2% less funds holding
Funds holding: 919 → 900 (-19)
10% less capital invested
Capital invested by funds: $19.4B → $17.3B (-$2.01B)
29% less call options, than puts
Call options by funds: $189M | Put options by funds: $265M
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$140M |
| 2 |
BlackRock
New York
|
+$76.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$63.5M |
| 4 |
WorldQuant Millennium Advisors
New York
|
+$50.9M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$44.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$181M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$108M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$101M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$81.5M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$79M |
DRI Hedge Fund Activity: Q2 2024 in Review
900 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q2 2024, worth a combined $17.3B — down 10% from $19.4B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of DRI and 99 opened new positions — a net loss of 4 holders — while 324 trimmed existing stakes and 308 added.
The largest buyer was Millennium Management, adding an estimated $140M. The largest seller was Capital World Investors, cutting an estimated $181M.
- 900 institutional investors held Darden Restaurants (DRI) as of Q2 2024, down from 919 in Q1 2024.
- Funds reported $17.3B of Darden Restaurants stock for Q2 2024, down 10% quarter-over-quarter.
- 99 funds opened new Darden Restaurants positions in Q2 2024 and 103 closed out, a net change of -4 holders.
- The largest Darden Restaurants buyer in Q2 2024 was Millennium Management, an estimated $140M added.
- The largest Darden Restaurants seller in Q2 2024 was Capital World Investors, an estimated $181M sold.
Based on aggregated 13F filings for Q2 2024.