Driven Brands
DRVN
131 hedge funds and large institutions have $1.54B invested in Driven Brands in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 20 closing their positions.
17,353% more call options, than puts
Call options by funds: $3.32M | Put options by funds: $19K
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
15% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 47
10% more capital invested
Capital invested by funds: $1.4B → $1.54B (+$138M)
1.54% more ownership
Funds ownership: 31.76% → 33.3% (+1.5%)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
2% less funds holding
Funds holding: 133 → 131 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$14.7M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$12.1M |
| 3 |
CC
Cowbird Capital
New York
|
+$10.4M |
| 4 |
BAMCO Inc
New York
|
+$7.51M |
| 5 |
Millennium Management
New York
|
+$7.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$13.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.83M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$6.34M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$5.97M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.25M |
DRVN Hedge Fund Activity: Q2 2022 in Review
131 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q2 2022, worth a combined $1.54B — up 9.9% from $1.4B a quarter earlier.
Fund positioning in DRVN was balanced in Q2 2022: 20 funds opened new positions, 20 closed out, 54 added to existing stakes and 47 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $14.7M. The largest seller was Bain Capital Public Equity Management II, cutting an estimated $13.4M.
- 131 institutional investors held Driven Brands (DRVN) as of Q2 2022, down from 133 in Q1 2022.
- Funds reported $1.54B of Driven Brands stock for Q2 2022, up 9.9% quarter-over-quarter.
- 20 funds opened new Driven Brands positions in Q2 2022 and 20 closed out, a net change of 0 holders.
- The largest Driven Brands buyer in Q2 2022 was Neuberger Berman Group, an estimated $14.7M added.
- The largest Driven Brands seller in Q2 2022 was Bain Capital Public Equity Management II, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2022.