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Driven Brands
DRVN

171 hedge funds and large institutions have $904M invested in Driven Brands in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 58 increasing their positions, 48 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

423% more call options, than puts

Call options by funds: $1.98M | Put options by funds: $379K

48% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 25

21% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 48

13% more capital invested

Capital invested by funds: $800M → $904M (+$104M)

8% more funds holding

Funds holding: 159 → 171 (+12)

0.21% more ownership

Funds ownership: 38.38% → 38.59% (+0.21%)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

Holders
171
Holders Change
+12
Holders Change %
+7.55%
% of All Funds
2.46%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
37
Increased
58
Reduced
48
Closed
25
Calls
$1.98M
Puts
$379K
Net Calls
+$1.6M
Net Calls Change
+$914K

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$36.6M
2
SCM
Scopia Capital Management
New York
+$16.2M
3
BAMCO Inc
BAMCO Inc
New York
+$6.85M
4
IP
Interval Partners
New York
+$6.75M
5
Millennium Management
Millennium Management
New York
+$6.5M

Top Sellers

Rank Fund Capital Flow
1
Deutsche Bank
Deutsche Bank
Germany
-$19.9M
2
AQR Capital Management
AQR Capital Management
Connecticut
-$11.4M
3
Norges Bank
Norges Bank
Norway
-$9.32M
4
JP Morgan Chase
JP Morgan Chase
New York
-$9.15M
5
AG
Algert Global
California
-$8.02M
Name Holding Trade Value Shares
Change 		Change in
Stake
Acadian Asset Management
126
Acadian Asset Management
Massachusetts
$17K +$16.4K +1,200 New
LC
127
Lindbrook Capital
California
$16.8K -$4K -292 -20%
BTI
128
Blue Trust Inc
Georgia
$16.7K +$16.4K +1,198 +1,042%
RAM
129
Riggs Asset Management
Pennsylvania
$14.3K – – –
HNB
130
Huntington National Bank
Ohio
$11.8K +$14 +1 +0.1%
GI
131
GAMMA Investing
California
$11.1K +$342 +25 +3%
C
132
Covestor
United Kingdom
$11K +$14 +1 +0.1%
PA
133
Parallel Advisors
California
$10.2K – – –
Comerica Bank
134
Comerica Bank
Texas
$9.76K – – –
Mitsubishi UFJ Asset Management
135
Mitsubishi UFJ Asset Management
Japan
$8.85K – – –
FFA
136
Farther Finance Advisors
California
$7.02K +$1.41K +103 +26%
BIG
137
Brooklyn Investment Group
New York
$6.61K +$6.34K +463 New
SSB
138
Sandy Spring Bank
Maryland
$5.71K -$2.74K -200 -33%
AF
139
Allworth Financial
California
$5.61K – – –
FFO
140
Fortitude Family Office
Arizona
$5.31K +$5.09K +372 New
JIP
141
Jaffetilchin Investment Partners
Florida
$4.07K +$3.9K +285 New
CPA
142
Capital Performance Advisors
California
$3.84K +$3.68K +269 New
Nisa Investment Advisors
143
Nisa Investment Advisors
Missouri
$3.23K +$3.1K +226 New
AAP
144
Arax Advisory Partners
Colorado
$3.04K +$2.92K +213 New
Bessemer Group
145
Bessemer Group
New Jersey
$3K +$2.46K +180 New
ACM
146
Aster Capital Management
United Arab Emirates
$2.77K +$2.66K +194 New
TWC
147
TD Waterhouse Canada
Ontario, Canada
$2.54K – – –
NICM
148
Neo Ivy Capital Management
New York
$2K +$1.42K +104 New
EWA
149
EverSource Wealth Advisors
Alabama
$1.87K – – –
ATS
150
Ashton Thomas Securities
New York
$1.81K +$1.74K +127 New
4 5
6
7 8

DRVN Hedge Fund Activity: Q3 2024 in Review

171 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q3 2024, worth a combined $904M — up 13% from $800M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new DRVN positions and 25 closed out — a net gain of 12 holders — while 58 added to existing stakes and 48 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $36.6M. The largest seller was Deutsche Bank, cutting an estimated $19.9M.

  • 171 institutional investors held Driven Brands (DRVN) as of Q3 2024, up from 159 in Q2 2024.
  • Funds reported $904M of Driven Brands stock for Q3 2024, up 13% quarter-over-quarter.
  • 37 funds opened new Driven Brands positions in Q3 2024 and 25 closed out, a net change of +12 holders.
  • The largest Driven Brands buyer in Q3 2024 was Goldman Sachs, an estimated $36.6M added.
  • The largest Driven Brands seller in Q3 2024 was Deutsche Bank, an estimated $19.9M sold.

Based on aggregated 13F filings for Q3 2024.