Driven Brands
DRVN
157 hedge funds and large institutions have $1.79B invested in Driven Brands in 2022 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 38 reducing their positions, and 9 closing their positions.
289% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 9
89% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 38
20% more funds holding
Funds holding: 131 → 157 (+26)
16% more capital invested
Capital invested by funds: $1.54B → $1.79B (+$253M)
4.93% more ownership
Funds ownership: 33.3% → 38.23% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$42.4M |
| 2 |
ZP
Zimmer Partners
New York
|
+$30.8M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$23.3M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$22.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$17.7M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$11.1M |
| 3 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$8.31M |
| 4 |
AI
Aperture Investors
New York
|
-$8.16M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.17M |
DRVN Hedge Fund Activity: Q3 2022 in Review
157 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q3 2022, worth a combined $1.79B — up 16% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new DRVN positions and 9 closed out — a net gain of 26 holders — while 72 added to existing stakes and 38 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $42.4M. The largest seller was JP Morgan Chase, cutting an estimated $17.7M.
- 157 institutional investors held Driven Brands (DRVN) as of Q3 2022, up from 131 in Q2 2022.
- Funds reported $1.79B of Driven Brands stock for Q3 2022, up 16% quarter-over-quarter.
- 35 funds opened new Driven Brands positions in Q3 2022 and 9 closed out, a net change of +26 holders.
- The largest Driven Brands buyer in Q3 2022 was Manulife (Manufacturers Life Insurance), an estimated $42.4M added.
- The largest Driven Brands seller in Q3 2022 was JP Morgan Chase, an estimated $17.7M sold.
Based on aggregated 13F filings for Q3 2022.