DARDEN RESTAURANTS INC DRI
COM · Common Stock · CUSIP 237194105 · ISIN US2371941053
American multi-brand restaurant operator
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersOrlando, FL
- Founded1968
- Websitedarden.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($57.4m this quarter). Holder counts are more reliable. Shares outstanding: 117.0m as of 2025-05-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $217.65. Options: 31 managers hold calls ($290.0m notional), 28 hold puts ($265.0m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 730 |
| Q4 2022 | 814 |
| Q1 2023 | 846 |
| Q2 2023 | 859 |
| Q3 2023 | 855 |
| Q4 2023 | 911 |
| Q1 2024 | 919 |
| Q2 2024 | 902 |
| Q3 2024 | 887 |
| Q4 2024 | 949 |
| Q1 2025 | 1,015 |
| Q2 2025 | 1,062 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 357 | 382 |
| Q4 2023 | 366 | 384 |
| Q1 2024 | 407 | 400 |
| Q2 2024 | 395 | 425 |
| Q3 2024 | 356 | 446 |
| Q4 2024 | 393 | 409 |
| Q1 2025 | 489 | 394 |
| Q2 2025 | 547 | 369 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $276.0m | $402.4m | 1.46 |
| Q4 2024 | $401.5m | $509.5m | 1.27 |
| Q1 2025 | $321.9m | $362.5m | 1.13 |
| Q2 2025 | $290.0m | $265.0m | 0.91 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.1m |
| Squarepoint Ops LLC | Added | +840.3k |
| BlackRock, Inc. | Added | +818.1k |
| ROYAL BANK OF CANADA | Added | +818.1k |
| MARSHALL WACE, LLP | Added | +629.7k |
| Invesco Ltd. | Added | +596.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +579.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +509.7k |
| MORGAN STANLEY | Added | +391.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +335.0k |
Biggest sellers
| Capital International Investors | Reduced | -8.3m |
| CITADEL ADVISORS LLC | Reduced | -1.3m |
| JPMORGAN CHASE & CO | Reduced | -458.3k |
| Junto Capital Management LP | Sold out | -225.0k |
| Holocene Advisors, LP | Sold out | -224.1k |
| Woodline Partners LP | Sold out | -177.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -171.7k |
| J. Safra Sarasin Holding AG | Reduced | -141.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -136.6k |
| DEUTSCHE BANK AG\ | Reduced | -104.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $88.4m405.6k shares |
| CITADEL ADVISORS LLC | Reduced | $38.1m175.0k shares |
| UBS Group AG | Reduced | $21.2m97.2k shares |
| JANE STREET GROUP, LLC | Reduced | $20.1m92.3k shares |
| IMC-Chicago, LLC | Added | $19.4m88.9k shares |
| WOLVERINE TRADING, LLC | Added | $16.9m78.3k shares |
| Twin Tree Management, LP | Reduced | $14.3m65.6k shares |
| Avalon Global Asset Management LLC | New | $13.1m60.0k shares |
| GARDA CAPITAL PARTNERS LP | Reduced | $8.2m37.5k shares |
| Walleye Trading LLC | Reduced | $6.6m30.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $85.4m392.0k shares |
| CITADEL ADVISORS LLC | Reduced | $41.8m191.7k shares |
| IMC-Chicago, LLC | Added | $27.0m124.0k shares |
| UBS Group AG | Reduced | $24.5m112.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.4m52.5k shares |
| Caption Management, LLC | Unchanged | $10.9m50.0k shares |
| GARDA CAPITAL PARTNERS LP | Reduced | $8.5m39.0k shares |
| Walleye Trading LLC | Reduced | $7.9m36.2k shares |
| Walleye Capital LLC | Added | $7.7m35.2k shares |
| JANE STREET GROUP, LLC | Reduced | $7.6m34.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Capital World Investors 13G · institution filed 2025-05-13 | 12.5% |
| BlackRock, Inc. 13G · institution filed 2026-01-21 | 8.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (3.4%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 6 | $34.6m | — |
| Q4 2023 | 0 | — | 4 | $3.0m | — |
| Q1 2024 | 0 | — | 3 | $3.5m | — |
| Q2 2024 | 0 | — | 2 | $927.9k | — |
| Q3 2024 | 0 | — | 9 | $18.8m | — |
| Q4 2024 | 0 | — | 3 | $4.1m | — |
| Q1 2025 | 0 | — | 12 | $22.1m | — |
| Q2 2025 | 0 | — | 6 | $12.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-30 | Burrowes Todd Group President | Sold | $2.9m13.6k shares |
| 2025-06-30 | Broad Matthew R SVP General Counsel | Sold | $1.5m6.9k shares |
| 2025-06-25 | Martin Melvin John Group President | Sold | $2.7m12.2k shares |
| 2025-06-24 | Milanes Douglas J. SVP, Chief Supply Chain Ofcr | Sold | $2.7m11.9k shares |
| 2025-06-24 | Vennam Rajesh SVP, CFO | Sold | $1.3m5.8k shares |
| 2025-06-24 | Connelly Susan M. SVP, Chief Comm & PA Officer | Sold | $1.1m4.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.46% of their portfolio | 14.6m $3.2bn | Added +628 |
| VANGUARD GROUP INC 0.05% of their portfolio | 14.1m $3.1bn | Added +284.8k |
| BlackRock, Inc. 0.04% of their portfolio | 9.4m $2.0bn | Added +818.1k |
| STATE STREET CORP 0.04% of their portfolio | 4.9m $1.1bn | Added +100.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 4.1m $888.0m | Added +75.7k |
| RAYMOND JAMES FINANCIAL INC 0.27% of their portfolio | 3.6m $781.5m | Reduced -16.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.13% of their portfolio | 3.4m $732.7m | Added +2.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 3.1m $680.4m | Added +175.8k |
| MORGAN STANLEY 0.03% of their portfolio | 2.2m $470.7m | Added +391.2k |
| Invesco Ltd. 0.07% of their portfolio | 1.9m $417.9m | Added +596.9k |
| Capital International Investors 0.07% of their portfolio | 1.9m $410.4m | Reduced -8.3m |
| Newport Trust Company, LLC 0.98% of their portfolio | 1.9m $406.3m | Reduced -38.5k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 1.7m $373.9m | Added +31.4k |
| EARNEST PARTNERS LLC 1.47% of their portfolio | 1.5m $326.3m | Reduced -95.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.5m $325.9m | Reduced -458.3k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 1.4m $303.1m | Reduced -46.4k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.2m $271.7m | Added +35.7k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.0m $220.3m | Added +818.1k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 975.6k $212.6m | Reduced -54.1k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 945.7k $206.1m | Added +100.4k |
| Hamlin Capital Management, LLC 4.63% of their portfolio | 918.4k $200.2m | Added +5.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio | 880.8k $192.0m | Added +579.8k |
| UBS Group AG 0.04% of their portfolio | 877.8k $191.3m | Added +10.8k |
| Squarepoint Ops LLC 0.41% of their portfolio | 864.1k $188.3m | Added +840.3k |
| Boston Partners 0.19% of their portfolio | 781.0k $170.2m | Added +128.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 769.4k $167.7m | Added +144.0k |
| Amundi 0.05% of their portfolio | 732.3k $155.4m | Added +84.3k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 722.5k $157.5m | Added +509.7k |
| MARSHALL WACE, LLP 0.18% of their portfolio | 706.4k $154.0m | Added +629.7k |
| Balyasny Asset Management L.P. 0.34% of their portfolio | 687.2k $149.8m | Added +135.0k |
| Legal & General Group Plc 0.03% of their portfolio | 642.5k $140.0m | Reduced -10.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 621.9k $135.6m | Added +29.7k |
| PRUDENTIAL FINANCIAL INC 0.17% of their portfolio | 601.0k $131.0m | Added +12.2k |
| NORGES BANK 0.02% of their portfolio | 575.9k $125.5m | Added +21.8k |
| SEI INVESTMENTS CO 0.14% of their portfolio | 538.1k $117.3m | Added +21.3k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 459.2k $100.1m | Added +19.0k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 444.4k $96.9m | Reduced -104.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 429.5k $93.6m | Added +153.6k |
| Nuveen, LLC 0.02% of their portfolio | 399.5k $87.1m | Reduced -8.7k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 388.5k $84.7m | Added +335.0k |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC 3.87% of their portfolio | 377.6k $82.3m | Added +415 |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 375.3k $81.7m | Added +54.9k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 372.4k $81.2m | Added +18.3k |
| California Public Employees Retirement System 0.05% of their portfolio | 371.5k $81.0m | Reduced -78.1k |
| Swiss National Bank 0.05% of their portfolio | 354.3k $77.2m | Added +23.9k |
| Swiss Life Asset Management Ltd 0.44% of their portfolio | 346.0k $75.4m | Added +17.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 339.8k $74.1m | Reduced -21.4k |
| GREAT LAKES ADVISORS, LLC 0.43% of their portfolio | 338.8k $51.4m | Added +107.2k |
| DekaBank Deutsche Girozentrale 0.12% of their portfolio | 324.1k $70.0m | Reduced -3.5k |
| BARCLAYS PLC 0.03% of their portfolio | 315.1k $68.7m | Reduced -17.8k |
| WESTWOOD HOLDINGS GROUP INC 0.49% of their portfolio | 314.6k $68.6m | Reduced -53.2k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 306.3k $66.8m | Added +9.5k |
| CITIGROUP INC 0.04% of their portfolio | 292.9k $63.8m | Reduced -8.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 288.8k $62.9m | Reduced -31.3k |
| AEGON ASSET MANAGEMENT UK Plc 0.80% of their portfolio | 288.2k $62.7m | Added +21.3k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 281.7k $61.4m | Reduced -23.9k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 269.4k $58.7m | Added +13.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 267.7k $58.4m | Added +8.5k |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 250.8k $54.7m | Reduced -21.4k |
| REGIONS FINANCIAL CORP 0.37% of their portfolio | 247.7k $54.0m | Reduced -943 |
| FMR LLC 0.00% of their portfolio | 247.2k $53.9m | Added +18.7k |
| J. Safra Sarasin Holding AG 0.92% of their portfolio | 244.0k $53.2m | Reduced -141.0k |
| LPL Financial LLC 0.02% of their portfolio | 232.4k $50.7m | Added +133.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 229.5k $50.0m | Added +16.5k |
| Steward Partners Investment Advisory, LLC 0.38% of their portfolio | 221.0k $48.2m | Added +3.3k |
| Verition Fund Management LLC 0.27% of their portfolio | 211.5k $46.1m | Added +151.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 210.5k $45.9m | Reduced -21.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 199.3k $43.4m | Added +33.6k |
| National Pension Service 0.04% of their portfolio | 191.8k $41.8m | Reduced -192 |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 191.2k $41.7m | Added +68.3k |
| 1832 Asset Management L.P. 0.07% of their portfolio | 180.6k $39.4m | Reduced -78.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 164.4k $35.8m | Reduced -9.8k |
| TORONTO DOMINION BANK 0.07% of their portfolio | 158.6k $34.6m | Added +6.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 157.5k $34.3m | Added +584 |
| MIZUHO MARKETS AMERICAS LLC 1.13% of their portfolio | 157.2k $34.3m | Unchanged |
| Allianz Asset Management GmbH 0.04% of their portfolio | 149.3k $32.5m | Added +137.8k |
| COOKSON PEIRCE & CO INC 1.41% of their portfolio | 146.6k $32.0m | New |
| US BANCORP \DE\ 0.04% of their portfolio | 144.6k $31.5m | Reduced -2.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 142.2k $31.0m | Reduced -20.1k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 134.3k $29.3m | Reduced -30.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.11% of their portfolio | 127.4k $27.8m | Reduced -229 |
| Capital International, Inc./CA/ 0.27% of their portfolio | 126.4k $27.6m | Reduced -15.6k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 125.1k $27.3m | Added +313 |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 123.9k $27.0m | Added +12.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 122.6k $26.7m | Reduced -136.6k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 121.5k $26.5m | Added +11.2k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 118.4k $25.8m | New |
| BURNEY CO/ 0.85% of their portfolio | 115.1k $25.1m | Added +112.7k |
| Trexquant Investment LP 0.28% of their portfolio | 112.7k $24.6m | Added +108.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 111.8k $24.4m | Added +42.1k |
| ALPS ADVISORS INC 0.14% of their portfolio | 110.0k $24.0m | Reduced -21.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 109.4k $23.8m | Added +4.5k |
| Man Group plc 0.05% of their portfolio | 109.3k $23.8m | Added +87.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 107.5k $23.4m | Added +2.5k |
| Applied Finance Capital Management, LLC 1.59% of their portfolio | 107.1k $23.3m | Reduced -21.3k |
| CSM Advisors, LLC 0.67% of their portfolio | 105.7k $23.0m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 103.3k $22.5m | Added +750 |
| Willis Investment Counsel 1.32% of their portfolio | 103.1k $22.5m | Reduced -1.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 99.2k $21.6m | Added +1.6k |
| TD Asset Management Inc 0.02% of their portfolio | 97.3k $21.2m | Added +53.3k |