Darden Restaurants
884 hedge funds and large institutions have $18.4B invested in Darden Restaurants in 2024 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 276 increasing their positions, 353 reducing their positions, and 96 closing their positions.
6% more capital invested
Capital invested by funds: $17.3B → $18.4B (+$1.03B)
0.71% less ownership
Funds ownership: 96.04% → 95.34% (-0.71%)
9% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 96
2% less funds holding
Funds holding: 900 → 884 (-16)
22% less repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 353
31% less call options, than puts
Call options by funds: $276M | Put options by funds: $401M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$265M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$117M |
| 3 |
JP Morgan Chase
New York
|
+$57.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$47M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$36.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$258M |
| 2 |
Millennium Management
New York
|
-$118M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$108M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$62.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$52.6M |
DRI Hedge Fund Activity: Q3 2024 in Review
884 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Darden Restaurants (DRI) for Q3 2024, worth a combined $18.4B — up 5.9% from $17.3B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of DRI and 87 opened new positions — a net loss of 9 holders — while 353 trimmed existing stakes and 276 added.
The largest buyer was Capital International Investors, adding an estimated $265M. The largest seller was Victory Capital Management, cutting an estimated $258M.
- 884 institutional investors held Darden Restaurants (DRI) as of Q3 2024, down from 900 in Q2 2024.
- Funds reported $18.4B of Darden Restaurants stock for Q3 2024, up 5.9% quarter-over-quarter.
- 87 funds opened new Darden Restaurants positions in Q3 2024 and 96 closed out, a net change of -9 holders.
- The largest Darden Restaurants buyer in Q3 2024 was Capital International Investors, an estimated $265M added.
- The largest Darden Restaurants seller in Q3 2024 was Victory Capital Management, an estimated $258M sold.
Based on aggregated 13F filings for Q3 2024.