Vault-13

DRIVEN BRANDS HLDGS INC DRVN

COM · Common Stock · CUSIP 26210V102

157 institutional holders -5 vs Q1 2023
62,377,61262.4m shares reported held*
37.2% of all shares outstanding*
$1.7bnreported value*
26 new 64 added 48 reduced 30 sold out net sold ≈ $85.2m (-3.1m shares)

* 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 ($1.5m this quarter). Holder counts are more reliable. Shares outstanding: 167.5m as of 2023-08-04, 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 ≈ $27.06. Options: 5 managers hold calls ($1.0m notional), 4 hold puts ($1.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 159Q4 22: 154Q1 23: 162Q2 23: 157157Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022159
Q4 2022154
Q1 2023162
Q2 2023157

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 88 bought or addedQ4 22: 78 cut or sold outQ4 22Q1 23: 89 bought or addedQ1 23: 68 cut or sold outQ1 23Q2 23: 90 bought or addedQ2 23: 78 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228878
Q1 20238968
Q2 20239078

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 22 calls: $1.3mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $1.2mQ4 22 puts: $43.7kQ4 22P/C 0.04Q1 23 calls: $10.8mQ1 23 puts: $372.7kQ1 23P/C 0.03Q2 23 calls: $1.0mQ2 23 puts: $1.4mQ2 23P/C 1.34
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3m$00.00
Q4 2022$1.2m$43.7k0.04
Q1 2023$10.8m$372.7k0.03
Q2 2023$1.0m$1.4m1.34

Biggest buyers

CITADEL ADVISORS LLC Added +531,567+531.6k
FIRST TRUST ADVISORS LP Added +378,310+378.3k
COWBIRD CAPITAL LP Added +293,630+293.6k
AMERICAN CENTURY COMPANIES INC Added +270,957+271.0k
Thrivent Financial for Lutherans Added +263,917+263.9k
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp New +260,000+260.0k
BAMCO INC /NY/ Added +225,000+225.0k
Brookfield Corp /ON/ Added +203,766+203.8k
JPMORGAN CHASE & CO Added +192,840+192.8k
Interval Partners, LP Added +190,000+190.0k

Biggest sellers

FMR LLC Reduced -2,704,440-2.7m
Capital World Investors Reduced -982,000-982.0k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -934,075-934.1k
Driehaus Capital Management LLC Sold out -500,655-500.7k
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Sold out -378,139-378.1k
Polar Asset Management Partners Inc. Sold out -293,084-293.1k
Hudson Bay Capital Management LP Reduced -228,310-228.3k
Aperture Investors, LLC Reduced -204,070-204.1k
BANK OF AMERICA CORP /DE/ Reduced -130,912-130.9k
Premier Fund Managers Ltd Reduced -120,110-120.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $506.0k18.7k shares
JANE STREET GROUP, LLC Reduced $281.4k10.4k shares
CITADEL ADVISORS LLC Reduced $146.1k5.4k shares
SIMPLEX TRADING, LLC Reduced $86.0k3.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $947.1k35.0k shares
CITADEL ADVISORS LLC Added $376.1k13.9k shares
SIMPLEX TRADING, LLC Added $48.0k1.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: FMR LLC (5.0%, 2026-05-06)

Insider purchases and sales in Q2 2023

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)

BuyingSelling
202Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 1 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 2 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 2 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20210—1$1.3m—
Q1 20220—0——
Q2 20220—0——
Q3 20220—2$225.8m—
Q4 20220—0——
Q1 20230—0——
Q2 20232$1.1m0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-05-30 Fitzpatrick Jonathan G. Chief Executive Officer, director Bought 42,000 $23.76 $997.9k42.0k shares +2%
2023-05-25 Ferrera Gary W EVP & Chief Financial Officer Bought 4,000 $24.23 $96.9k4.0k shares +7%

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio NEW YORK, NY 5,632,7445.6m $152.4m $152.4m 0.14% Added +50.1k +50,113
2 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 5,610,4725.6m $151.8m $151.8m 0.06% Reduced -58.6k -58,610
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,290,0115.3m $143.1m $143.1m 0.00% Reduced -348 -348
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 4,559,4734.6m $123.4m $123.4m 0.01% Added +192.8k +192,840
5 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 2,830,1962.8m $76.6m $76.6m 0.08% Added +180.5k +180,501
6 BAMCO INC /NY/ 0.19% of their portfolio NEW YORK, NY 2,500,0002.5m $67.7m $67.7m 0.19% Added +225.0k +225,000
7 BlackRock Inc. 0.00% of their portfolio New York, NY 2,343,2342.3m $63.4m $63.4m 0.00% Added +72.7k +72,727
8 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 2,243,9772.2m $60.7m $60.7m 0.04% Added +114.9k +114,948
9 FMR LLC 0.01% of their portfolio BOSTON, MA 2,221,9542.2m $60.1m $60.1m 0.01% Reduced -2.7m -2,704,440
10 Bain Capital Public Equity Management II, LLC 3.32% of their portfolio Boston, MA 2,128,0482.1m $57.6m $57.6m 3.32% Reduced -61.2k -61,206
11 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 2,124,0232.1m $57.5m $57.5m 0.04% Added +271.0k +270,957
12 TimesSquare Capital Management, LLC 0.69% of their portfolio NEW YORK, NY 1,779,5331.8m $48.2m $48.2m 0.69% Reduced -65.4k -65,410
13 LOOMIS SAYLES & CO L P 0.08% of their portfolio BOSTON, MA 1,732,0151.7m $46.9m $46.9m 0.08% Reduced -29.4k -29,403
14 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 1,501,0001.5m $40.6m $40.6m 0.01% Reduced -982.0k -982,000
15 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 1,318,0311.3m $35.7m $35.7m 0.08% Added +263.9k +263,917
16 COWBIRD CAPITAL LP 12.22% of their portfolio New York, NY 1,090,4981.1m $29.5m $29.5m 12.22% Added +293.6k +293,630
17 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 1,028,1371.0m $27.8m $27.8m 0.03% Added +531.6k +531,567
18 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 976,031976.0k $26.4m $26.4m 0.01% Reduced -934.1k -934,075
19 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 948,272948.3k $25.7m $25.7m 0.00% Added +18.1k +18,147
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 922,545922.5k $25.0m $25.0m 0.00% Added +40.0k +39,984
21 Summit Creek Advisors LLC 3.05% of their portfolio MINNEAPOLIS, MN 900,529900.5k $24.4m $24.4m 3.05% Added +796 +796
22 Interval Partners, LP 1.13% of their portfolio NEW YORK, NY 830,974831.0k $22.5m $22.5m 1.13% Added +190.0k +190,000
23 Point72 Asset Management, L.P. 0.07% of their portfolio STAMFORD, CT 771,675771.7k $20.9m $20.9m 0.07% Added +32.5k +32,526
24 ROYCE & ASSOCIATES LP 0.18% of their portfolio New York, NY 685,367685.4k $18.5m $18.5m 0.18% Added +83.8k +83,840
25 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 650,933650.9k $17.6m $17.6m 0.01% Added +148.9k +148,863
26 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 617,003617.0k $16.7m $16.7m 0.02% Added +378.3k +378,310
27 Aperture Investors, LLC 2.01% of their portfolio New York, NY 604,237604.2k $16.4m $16.4m 2.01% Reduced -204.1k -204,070
28 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 594,830594.8k $16.1m $16.1m 0.01% Reduced -16.0k -15,960
29 NORGES BANK 0.00% of their portfolio OSLO, Q8 577,838577.8k $15.6m $15.6m 0.00% Reduced -22.5k -22,500
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 462,429462.4k $12.5m $12.5m 0.00% Added +1.5k +1,526
31 Brookfield Corp /ON/ 0.04% of their portfolio TORONTO, A6 384,284384.3k $10.4m $10.4m 0.04% Added +203.8k +203,766
32 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 360,511360.5k $9.8m $9.8m 0.01% Added +21.5k +21,542
33 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 284,127284.1k $7.7m $7.7m 0.00% Added +3.6k +3,606
34 Northern Right Capital Management, L.P. 3.12% of their portfolio DARIEN, CT 281,872281.9k $7.6m $7.6m 3.12% Unchanged
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 265,476265.5k $7.2m $7.2m 0.00% Added +16.5k +16,546
36 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.07% of their portfolio VICTORIA, A1 260,000260.0k $7.0m $7.0m 0.07% New
37 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 220,934220.9k $6.0m $6.0m 0.06% Reduced -228.3k -228,310
38 CWM, LLC 0.03% of their portfolio OMAHA, NE 207,630207.6k $5.6m $5.6m 0.03% Reduced -15.6k -15,606
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 202,770202.8k $5.5m $5.5m 0.00% Reduced -3.1k -3,126
40 ArrowMark Colorado Holdings LLC 0.06% of their portfolio Denver, CO 190,500190.5k $5.2m $5.2m 0.06% Unchanged
41 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 185,989186.0k $5.0m $5.0m 0.01% Added +10.5k +10,462
42 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 171,366171.4k $4.6m $4.6m 0.01% Added +52.7k +52,737
43 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 163,687163.7k $4.4m $4.4m 0.01% Reduced -29.3k -29,333
44 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 155,399155.4k $4.2m $4.2m 0.02% Reduced -62.5k -62,546
45 Swiss National Bank 0.00% of their portfolio ZURICH, V8 145,800145.8k $3.9m $3.9m 0.00% Added +37.4k +37,400
46 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 144,431144.4k $3.9m $3.9m 0.02% Reduced -97.1k -97,149
47 Granite Investment Partners, LLC 0.15% of their portfolio EL SEGUNDO, CA 143,716143.7k $3.9m $3.9m 0.15% Added +47.4k +47,419
48 TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio STAMFORD, CT 140,365140.4k $3.8m $3.8m 0.06% New
49 Cinctive Capital Management LP 0.14% of their portfolio New York, NY 133,654133.7k $3.6m $3.6m 0.14% Added +8.7k +8,670
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 124,469124.5k $3.4m $3.4m 0.00% Added +322 +322
51 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 117,220117.2k $3.2m $3.2m 0.01% New
52 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 110,075110.1k $3.0m $3.0m 0.01% New
53 Bain Capital Public Equity, LP 2.41% of their portfolio Boston, MA 99,20699.2k $2.7m $2.7m 2.41% Added +24.4k +24,383
54 Alberta Investment Management Corp 0.03% of their portfolio EDMONTON, A0 97,68097.7k $2.6m $2.6m 0.03% Added +23.2k +23,199
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 91,18691.2k $2.5m $2.5m 0.00% Reduced -130.9k -130,912
56 BRANT POINT INVESTMENT MANAGEMENT LLC 0.54% of their portfolio New York, NY 87,00087.0k $2.4m $2.4m 0.54% Added +49.7k +49,706
57 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 85,83785.8k $2.3m $2.3m 0.04% Added +11.5k +11,495
58 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 83,72483.7k $2.3m $2.3m 0.00% Reduced -28.0k -28,028
59 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 82,32382.3k $2.5m $2.5m 0.00% Unchanged
60 FIL Ltd 0.00% of their portfolio HAMILTON, D0 80,73080.7k $2.2m $2.2m 0.00% Unchanged
61 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 79,78779.8k $2.2m $2.2m 0.00% Added +12.4k +12,387
62 Man Group plc 0.01% of their portfolio LONDON, X0 77,79777.8k $2.1m $2.1m 0.01% New
63 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 75,56075.6k $2.0m $2.0m 0.06% Added +18.6k +18,619
64 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 69,50469.5k $1.9m $1.9m 0.00% Added +7.0k +6,970
65 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 64,50564.5k $1.7m $1.7m 0.00% Added +19.2k +19,151
66 TWINBEECH CAPITAL LP 0.03% of their portfolio PURCHASE, NY 61,65061.6k $1.7m $1.7m 0.03% New
67 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 55,89455.9k $1.5m $1.5m 0.00% Added +501 +501
68 Bullseye Asset Management LLC 0.74% of their portfolio DENVER, CO 54,80354.8k $1.5m $1.5m 0.74% Unchanged
69 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 54,06854.1k $1.5m $1.5m 0.00% Reduced -16.6k -16,570
70 Legal & General Group Plc 0.00% of their portfolio London, X0 53,11553.1k $1.4m $1.4m 0.00% Added +5.4k +5,425
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 52,21552.2k $1.4m $1.4m 0.00% Reduced -623 -623
72 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 51,57151.6k $1.4m $1.4m 0.01% Reduced -84.0k -84,002
73 Platform Technology Partners 0.64% of their portfolio NEW YORK, NY 50,00050.0k $1.4m $1.4m 0.64% Reduced -10.0k -10,000
74 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 41,31641.3k $1.1m $1.1m 0.01% Unchanged
75 FOX RUN MANAGEMENT, L.L.C. 0.30% of their portfolio GREENWICH, CT 39,76439.8k $1.1m $1.1m 0.30% Added +16.6k +16,639
76 Cipher Capital LP 0.18% of their portfolio New York, NY 38,74838.7k $1.0m $1.0m 0.18% Added +25.0k +24,961
77 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 34,64334.6k $937.0k $937.0k 0.01% Reduced -17.6k -17,590
78 Campbell & CO Investment Adviser LLC 0.17% of their portfolio BALTIMORE, MD 34,47034.5k $932.8k $932.8k 0.17% New
79 Harbour Capital Advisors, LLC 0.26% of their portfolio TYSONS CORNER, VA 33,33333.3k $893.3k $893.3k 0.26% Reduced -625 -625
80 Premier Fund Managers Ltd 0.03% of their portfolio GUILDFORD, X0 32,45032.5k $844.0k $844.0k 0.03% Reduced -120.1k -120,110
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 30,01430.0k $812.2k $812.2k 0.00% Reduced -41.5k -41,467
82 Boston Partners 0.00% of their portfolio BOSTON, MA 29,79629.8k $806.3k $806.3k 0.00% Added +5.3k +5,273
83 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 29,76929.8k $805.5k $805.5k 0.00% Added +19.6k +19,588
84 DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio NEW YORK, NY 28,40528.4k $768.6k $768.6k 0.08% New
85 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 28,11228.1k $761.0k $761.0k 0.00% Reduced -2.8k -2,808
86 Treasurer of the State of North Carolina 0.00% of their portfolio RALEIGH, NC 27,15027.1k $735.0k $735.0k 0.00% Reduced -40 -40
87 OCCUDO QUANTITATIVE STRATEGIES LP 0.08% of their portfolio FORT LAUDERDALE, FL 27,05327.1k $732.1k $732.1k 0.08% Added +15.1k +15,060
88 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 26,88126.9k $727.4k $727.4k 0.00% Reduced -12.2k -12,208
89 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 26,14526.1k $707.5k $707.5k 0.01% Reduced -298 -298
90 Ghisallo Capital Management LLC 0.08% of their portfolio BOSTON, MA 25,00025.0k $676.5k $676.5k 0.08% Unchanged
91 Renaissance Capital LLC 0.37% of their portfolio Stamford, CT 24,01124.0k $649.7k $649.7k 0.37% Added +3.4k +3,379
92 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 22,82422.8k $617.6k $617.6k 0.00% Unchanged
93 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,69722.7k $614.2k $614.2k 0.00% Reduced -32.1k -32,111
94 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 21,60021.6k $584.5k $584.5k 0.00% Unchanged
95 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 20,30020.3k $549.3k $549.3k 0.00% Reduced -17.1k -17,100
96 Edgestream Partners, L.P. 0.05% of their portfolio Princeton, NJ 20,18720.2k $546.3k $546.3k 0.05% New
97 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 18,81218.8k $509.1k $509.1k 0.00% Added +4.3k +4,261
98 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 17,79117.8k $481.4k $481.4k 0.00% New
99 Aquatic Capital Management LLC 0.03% of their portfolio CHICAGO, IL 17,50017.5k $474.0k $474.0k 0.03% Added +11.1k +11,100
100 Yorktown Management & Research Co Inc 0.47% of their portfolio Forest, VA 16,00016.0k $433.0k $433.0k 0.47% Unchanged