Driven Brands
DRVN
133 hedge funds and large institutions have $1.4B invested in Driven Brands in 2022 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 49 increasing their positions, 40 reducing their positions, and 30 closing their positions.
382% more call options, than puts
Call options by funds: $1.18M | Put options by funds: $244K
23% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 40
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
2% more funds holding
Funds holding: 130 → 133 (+3)
1.19% more ownership
Funds ownership: 30.57% → 31.76% (+1.2%)
18% less capital invested
Capital invested by funds: $1.71B → $1.4B (-$313M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$26.3M |
| 2 |
JP Morgan Chase
New York
|
+$18.6M |
| 3 |
Millennium Management
New York
|
+$12.3M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$11.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 2 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$19M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.9M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$9.28M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$7.58M |
DRVN Hedge Fund Activity: Q1 2022 in Review
133 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q1 2022, worth a combined $1.4B — down 18% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DRVN positions and 30 closed out — a net gain of 4 holders — while 49 added to existing stakes and 40 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $26.3M. The largest seller was Fidelity Investments, cutting an estimated $22.1M.
- 133 institutional investors held Driven Brands (DRVN) as of Q1 2022, up from 130 in Q4 2021.
- Funds reported $1.4B of Driven Brands stock for Q1 2022, down 18% quarter-over-quarter.
- 34 funds opened new Driven Brands positions in Q1 2022 and 30 closed out, a net change of +4 holders.
- The largest Driven Brands buyer in Q1 2022 was Loomis, Sayles & Company, an estimated $26.3M added.
- The largest Driven Brands seller in Q1 2022 was Fidelity Investments, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2022.