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Driven Brands

173 hedge funds and large institutions have $1.05B invested in Driven Brands in 2024 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 60 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

361% more call options, than puts

Call options by funds: $2.47M | Put options by funds: $537K

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

16% more capital invested

Capital invested by funds: $904M → $1.05B (+$147M)

1% more funds holding

Funds holding: 171173 (+2)

1.13% more ownership

Funds ownership: 38.59%39.71% (+1.1%)

8% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 60

Holders
173
Holders Change
+2
Holders Change %
+1.17%
% of All Funds
2.28%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
20
Increased
55
Reduced
60
Closed
16
Calls
$2.47M
Puts
$537K
Net Calls
+$1.94M
Net Calls Change
+$333K
Name Holding Trade Value Shares
Change
Change in
Stake
HVCM
1
HG Vora Capital Management
New York
$119M -$2.35M -150,000 -2%
NPCM
2
North Peak Capital Management
New York
$92.9M +$7.17M +457,217 +9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$92.1M +$493K +31,431 +0.6%
BAMCO Inc
4
BAMCO Inc
New York
$76.7M +$19.6M +1,250,000 +36%
BlackRock
5
BlackRock
New York
$76.1M -$52.8K -3,363 -0.1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$72.5M +$29.9M +1,906,263 +74%
JP Morgan Chase
7
JP Morgan Chase
New York
$64.6M -$4.71M -300,391 -7%
Goldman Sachs
8
Goldman Sachs
New York
$58.1M -$1.97M -125,536 -3%
Janus Henderson Group
9
Janus Henderson Group
United Kingdom
$44.7M -$6.19M -394,628 -12%
EVC
10
Emeth Value Capital
Louisiana
$41.5M +$40.3M +2,568,273 New
Millennium Management
11
Millennium Management
New York
$35.4M -$30.3M -1,934,558 -47%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$24.3M -$76.5K -4,879 -0.3%
OFCM
13
One Fin Capital Management
California
$24.2M
State Street
14
State Street
Massachusetts
$23.5M +$514K +32,789 +2%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$19.1M +$6.54M +416,744 +54%
SCM
16
Scopia Capital Management
New York
$18.4M -$709K -45,168 -4%
GC
17
Grizzlyrock Capital
Illinois
$14.1M
IP
18
Interval Partners
New York
$12.5M +$2.36M +150,499 +24%
Morgan Stanley
19
Morgan Stanley
New York
$10.9M -$9.01M -574,492 -46%
Northern Trust
20
Northern Trust
Illinois
$9.33M +$595K +37,959 +7%
Charles Schwab
21
Charles Schwab
California
$8.01M +$63.7K +4,062 +0.8%
Bank of America
22
Bank of America
North Carolina
$5.63M -$1.88M -119,715 -26%
CM
23
CastleKnight Management
New York
$5.12M +$853K +54,400 +21%
UBS Group
24
UBS Group
Switzerland
$4.95M +$3.39M +216,280 +239%
Barclays
25
Barclays
United Kingdom
$4.23M +$899K +57,302 +28%

DRVN Hedge Fund Activity: Q4 2024 in Review

173 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Driven Brands (DRVN) for Q4 2024, worth a combined $1.05B — up 16% from $904M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new DRVN positions and 16 closed out — a net gain of 4 holders — while 55 added to existing stakes and 60 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $29.9M. The largest seller was Millennium Management, cutting an estimated $30.3M.

  • 173 institutional investors held Driven Brands (DRVN) as of Q4 2024, up from 171 in Q3 2024.
  • Funds reported $1.05B of Driven Brands stock for Q4 2024, up 16% quarter-over-quarter.
  • 20 funds opened new Driven Brands positions in Q4 2024 and 16 closed out, a net change of +4 holders.
  • The largest Driven Brands buyer in Q4 2024 was Fidelity Investments, an estimated $29.9M added.
  • The largest Driven Brands seller in Q4 2024 was Millennium Management, an estimated $30.3M sold.

Based on aggregated 13F filings for Q4 2024.