DRIVEN BRANDS HLDGS INC DRVN
COM · Common Stock · CUSIP 26210V102
- IndustryServices-Automotive Repair, Services & Parking
- HeadquartersCharlotte, NC
- 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 ($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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 159 |
| Q4 2022 | 154 |
| Q1 2023 | 162 |
| Q2 2023 | 157 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 88 | 78 |
| Q1 2023 | 89 | 68 |
| Q2 2023 | 90 | 78 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.3m | $0 | 0.00 |
| Q4 2022 | $1.2m | $43.7k | 0.04 |
| Q1 2023 | $10.8m | $372.7k | 0.03 |
| Q2 2023 | $1.0m | $1.4m | 1.34 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +531.6k |
| FIRST TRUST ADVISORS LP | Added | +378.3k |
| COWBIRD CAPITAL LP | Added | +293.6k |
| AMERICAN CENTURY COMPANIES INC | Added | +271.0k |
| Thrivent Financial for Lutherans | Added | +263.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | New | +260.0k |
| BAMCO INC /NY/ | Added | +225.0k |
| Brookfield Corp /ON/ | Added | +203.8k |
| JPMORGAN CHASE & CO | Added | +192.8k |
| Interval Partners, LP | Added | +190.0k |
Biggest sellers
| FMR LLC | Reduced | -2.7m |
| Capital World Investors | Reduced | -982.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -934.1k |
| Driehaus Capital Management LLC | Sold out | -500.7k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Sold out | -378.1k |
| Polar Asset Management Partners Inc. | Sold out | -293.1k |
| Hudson Bay Capital Management LP | Reduced | -228.3k |
| Aperture Investors, LLC | Reduced | -204.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -130.9k |
| Premier Fund Managers Ltd | Reduced | -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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $1.3m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 2 | $225.8m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 2 | $1.1m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-30 | Fitzpatrick Jonathan G. Chief Executive Officer, director | Bought | $997.9k42.0k shares |
| 2023-05-25 | Ferrera Gary W EVP & Chief Financial Officer | Bought | $96.9k4.0k 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 2023
| Manager | Shares | Change |
|---|---|---|
| NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio | 5.6m $152.4m | Added +50.1k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 5.6m $151.8m | Reduced -58.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.3m $143.1m | Reduced -348 |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.6m $123.4m | Added +192.8k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 2.8m $76.6m | Added +180.5k |
| BAMCO INC /NY/ 0.19% of their portfolio | 2.5m $67.7m | Added +225.0k |
| BlackRock Inc. 0.00% of their portfolio | 2.3m $63.4m | Added +72.7k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 2.2m $60.7m | Added +114.9k |
| FMR LLC 0.01% of their portfolio | 2.2m $60.1m | Reduced -2.7m |
| Bain Capital Public Equity Management II, LLC 3.32% of their portfolio | 2.1m $57.6m | Reduced -61.2k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 2.1m $57.5m | Added +271.0k |
| TimesSquare Capital Management, LLC 0.69% of their portfolio | 1.8m $48.2m | Reduced -65.4k |
| LOOMIS SAYLES & CO L P 0.08% of their portfolio | 1.7m $46.9m | Reduced -29.4k |
| Capital World Investors 0.01% of their portfolio | 1.5m $40.6m | Reduced -982.0k |
| Thrivent Financial for Lutherans 0.08% of their portfolio | 1.3m $35.7m | Added +263.9k |
| COWBIRD CAPITAL LP 12.22% of their portfolio | 1.1m $29.5m | Added +293.6k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.0m $27.8m | Added +531.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 976.0k $26.4m | Reduced -934.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 948.3k $25.7m | Added +18.1k |
| STATE STREET CORP 0.00% of their portfolio | 922.5k $25.0m | Added +40.0k |
| Summit Creek Advisors LLC 3.05% of their portfolio | 900.5k $24.4m | Added +796 |
| Interval Partners, LP 1.13% of their portfolio | 831.0k $22.5m | Added +190.0k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 771.7k $20.9m | Added +32.5k |
| ROYCE & ASSOCIATES LP 0.18% of their portfolio | 685.4k $18.5m | Added +83.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 650.9k $17.6m | Added +148.9k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 617.0k $16.7m | Added +378.3k |
| Aperture Investors, LLC 2.01% of their portfolio | 604.2k $16.4m | Reduced -204.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 594.8k $16.1m | Reduced -16.0k |
| NORGES BANK 0.00% of their portfolio | 577.8k $15.6m | Reduced -22.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 462.4k $12.5m | Added +1.5k |
| Brookfield Corp /ON/ 0.04% of their portfolio | 384.3k $10.4m | Added +203.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 360.5k $9.8m | Added +21.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 284.1k $7.7m | Added +3.6k |
| Northern Right Capital Management, L.P. 3.12% of their portfolio | 281.9k $7.6m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 265.5k $7.2m | Added +16.5k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.07% of their portfolio | 260.0k $7.0m | New |
| Hudson Bay Capital Management LP 0.06% of their portfolio | 220.9k $6.0m | Reduced -228.3k |
| CWM, LLC 0.03% of their portfolio | 207.6k $5.6m | Reduced -15.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 202.8k $5.5m | Reduced -3.1k |
| ArrowMark Colorado Holdings LLC 0.06% of their portfolio | 190.5k $5.2m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 186.0k $5.0m | Added +10.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 171.4k $4.6m | Added +52.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 163.7k $4.4m | Reduced -29.3k |
| Squarepoint Ops LLC 0.02% of their portfolio | 155.4k $4.2m | Reduced -62.5k |
| Swiss National Bank 0.00% of their portfolio | 145.8k $3.9m | Added +37.4k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 144.4k $3.9m | Reduced -97.1k |
| Granite Investment Partners, LLC 0.15% of their portfolio | 143.7k $3.9m | Added +47.4k |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 140.4k $3.8m | New |
| Cinctive Capital Management LP 0.14% of their portfolio | 133.7k $3.6m | Added +8.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 124.5k $3.4m | Added +322 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 117.2k $3.2m | New |
| Corient Private Wealth LP 0.01% of their portfolio | 110.1k $3.0m | New |
| Bain Capital Public Equity, LP 2.41% of their portfolio | 99.2k $2.7m | Added +24.4k |
| Alberta Investment Management Corp 0.03% of their portfolio | 97.7k $2.6m | Added +23.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 91.2k $2.5m | Reduced -130.9k |
| BRANT POINT INVESTMENT MANAGEMENT LLC 0.54% of their portfolio | 87.0k $2.4m | Added +49.7k |
| Walleye Capital LLC 0.04% of their portfolio | 85.8k $2.3m | Added +11.5k |
| Invesco Ltd. 0.00% of their portfolio | 83.7k $2.3m | Reduced -28.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 82.3k $2.5m | Unchanged |
| FIL Ltd 0.00% of their portfolio | 80.7k $2.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 79.8k $2.2m | Added +12.4k |
| Man Group plc 0.01% of their portfolio | 77.8k $2.1m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 75.6k $2.0m | Added +18.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 69.5k $1.9m | Added +7.0k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 64.5k $1.7m | Added +19.2k |
| TWINBEECH CAPITAL LP 0.03% of their portfolio | 61.6k $1.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 55.9k $1.5m | Added +501 |
| Bullseye Asset Management LLC 0.74% of their portfolio | 54.8k $1.5m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 54.1k $1.5m | Reduced -16.6k |
| Legal & General Group Plc 0.00% of their portfolio | 53.1k $1.4m | Added +5.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 52.2k $1.4m | Reduced -623 |
| STRS OHIO 0.01% of their portfolio | 51.6k $1.4m | Reduced -84.0k |
| Platform Technology Partners 0.64% of their portfolio | 50.0k $1.4m | Reduced -10.0k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 41.3k $1.1m | Unchanged |
| FOX RUN MANAGEMENT, L.L.C. 0.30% of their portfolio | 39.8k $1.1m | Added +16.6k |
| Cipher Capital LP 0.18% of their portfolio | 38.7k $1.0m | Added +25.0k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 34.6k $937.0k | Reduced -17.6k |
| Campbell & CO Investment Adviser LLC 0.17% of their portfolio | 34.5k $932.8k | New |
| Harbour Capital Advisors, LLC 0.26% of their portfolio | 33.3k $893.3k | Reduced -625 |
| Premier Fund Managers Ltd 0.03% of their portfolio | 32.5k $844.0k | Reduced -120.1k |
| UBS Group AG 0.00% of their portfolio | 30.0k $812.2k | Reduced -41.5k |
| Boston Partners 0.00% of their portfolio | 29.8k $806.3k | Added +5.3k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 29.8k $805.5k | Added +19.6k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio | 28.4k $768.6k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 28.1k $761.0k | Reduced -2.8k |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 27.1k $735.0k | Reduced -40 |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.08% of their portfolio | 27.1k $732.1k | Added +15.1k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 26.9k $727.4k | Reduced -12.2k |
| Cetera Investment Advisers 0.01% of their portfolio | 26.1k $707.5k | Reduced -298 |
| Ghisallo Capital Management LLC 0.08% of their portfolio | 25.0k $676.5k | Unchanged |
| Renaissance Capital LLC 0.37% of their portfolio | 24.0k $649.7k | Added +3.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 22.8k $617.6k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 22.7k $614.2k | Reduced -32.1k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 21.6k $584.5k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 20.3k $549.3k | Reduced -17.1k |
| Edgestream Partners, L.P. 0.05% of their portfolio | 20.2k $546.3k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 18.8k $509.1k | Added +4.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 17.8k $481.4k | New |
| Aquatic Capital Management LLC 0.03% of their portfolio | 17.5k $474.0k | Added +11.1k |
| Yorktown Management & Research Co Inc 0.47% of their portfolio | 16.0k $433.0k | Unchanged |