Driven Brands
DRVN
130 hedge funds and large institutions have $1.72B invested in Driven Brands in 2021 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 42
19% more capital invested
Capital invested by funds: $1.45B → $1.72B (+$269M)
4% more funds holding
Funds holding: 125 → 130 (+5)
0.59% more ownership
Funds ownership: 29.98% → 30.57% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.3M |
| 2 |
Neuberger Berman Group
New York
|
+$22.3M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$17.3M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.49M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$36.4M |
| 2 |
Millennium Management
New York
|
-$14.8M |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$14.4M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$12.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.77M |
DRVN Hedge Fund Activity: Q4 2021 in Review
130 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q4 2021, worth a combined $1.72B — up 19% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DRVN positions and 21 closed out — a net gain of 7 holders — while 56 added to existing stakes and 42 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $45.3M. The largest seller was Victory Capital Management, cutting an estimated $36.4M.
- 130 institutional investors held Driven Brands (DRVN) as of Q4 2021, up from 125 in Q3 2021.
- Funds reported $1.72B of Driven Brands stock for Q4 2021, up 19% quarter-over-quarter.
- 28 funds opened new Driven Brands positions in Q4 2021 and 21 closed out, a net change of +7 holders.
- The largest Driven Brands buyer in Q4 2021 was Fidelity Investments, an estimated $45.3M added.
- The largest Driven Brands seller in Q4 2021 was Victory Capital Management, an estimated $36.4M sold.
Based on aggregated 13F filings for Q4 2021.