Driven Brands
DRVN
101 hedge funds and large institutions have $1.16B invested in Driven Brands in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 36 increasing their positions, 27 reducing their positions, and 15 closing their positions.
1,648% more call options, than puts
Call options by funds: $367K | Put options by funds: $21K
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
33% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 27
19% more funds holding
Funds holding: 85 → 101 (+16)
17% more capital invested
Capital invested by funds: $989M → $1.16B (+$173M)
0.79% less ownership
Funds ownership: 23.24% → 22.45% (-0.79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$17.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$14.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$12.8M |
| 4 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$12.5M |
| 5 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
-$30.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.4M |
| 4 |
BlackRock
New York
|
-$12.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.5M |
DRVN Hedge Fund Activity: Q2 2021 in Review
101 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q2 2021, worth a combined $1.16B — up 17% from $989M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new DRVN positions and 15 closed out — a net gain of 16 holders — while 36 added to existing stakes and 27 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $17.2M. The largest seller was Darsana Capital Partners, exiting entirely with an estimated $30.2M sold.
- 101 institutional investors held Driven Brands (DRVN) as of Q2 2021, up from 85 in Q1 2021.
- Funds reported $1.16B of Driven Brands stock for Q2 2021, up 17% quarter-over-quarter.
- 31 funds opened new Driven Brands positions in Q2 2021 and 15 closed out, a net change of +16 holders.
- The largest Driven Brands buyer in Q2 2021 was Neuberger Berman Group, an estimated $17.2M added.
- The largest Driven Brands seller in Q2 2021 was Darsana Capital Partners, an estimated $30.2M sold.
Based on aggregated 13F filings for Q2 2021.