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 ($508.2k this quarter). Holder counts are more reliable. Shares outstanding: 164.1m as of 2024-08-05, 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 ≈ $12.71. Options: 5 managers hold calls ($1.2m notional), 4 hold puts ($492.1k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 159 |
| Q4 2022 | 154 |
| Q1 2023 | 162 |
| Q2 2023 | 157 |
| Q3 2023 | 176 |
| Q4 2023 | 184 |
| Q1 2024 | 170 |
| Q2 2024 | 162 |
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 |
| Q3 2023 | 132 | 76 |
| Q4 2023 | 99 | 89 |
| Q1 2024 | 103 | 96 |
| Q2 2024 | 95 | 89 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $8.3m | $1.4m | 0.17 |
| Q4 2023 | $2.1m | $373.4k | 0.18 |
| Q1 2024 | $3.1m | $931.3k | 0.30 |
| Q2 2024 | $1.2m | $492.1k | 0.42 |
Biggest buyers
| HG Vora Capital Management, LLC | Added | +1.9m |
| DEUTSCHE BANK AG\ | Added | +1.5m |
| BlackRock Inc. | Added | +1.5m |
| One Fin Capital Management LP | New | +1.4m |
| BAMCO INC /NY/ | Added | +1.0m |
| J. Goldman & Co LP | Added | +960.8k |
| North Peak Capital Management, LLC | Added | +852.8k |
| GOLDMAN SACHS GROUP INC | Added | +674.0k |
| GRIZZLYROCK CAPITAL, LLC | Added | +618.9k |
| JANUS HENDERSON GROUP PLC | Added | +579.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -6.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.6m |
| TimesSquare Capital Management, LLC | Reduced | -1.4m |
| Hood River Capital Management LLC | Sold out | -843.8k |
| JPMORGAN CHASE & CO | Reduced | -809.4k |
| SCOPIA CAPITAL MANAGEMENT LP | Sold out | -776.7k |
| Man Group plc | Sold out | -677.2k |
| Nuveen Asset Management, LLC | Reduced | -550.0k |
| ROYCE & ASSOCIATES LP | Sold out | -487.9k |
| Interval Partners, LP | Reduced | -451.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $481.2k37.8k shares |
| CITADEL ADVISORS LLC | Reduced | $291.5k22.9k shares |
| SIMPLEX TRADING, LLC | Added | $266.0k20.9k shares |
| GROUP ONE TRADING LLC | Reduced | $142.6k11.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $343.7k27.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $146.4k11.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0k200 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 2024
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 2022 | 0 | — | 2 | $225.8m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 2 | $1.1m | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.01% of their portfolio | 9.9m $126.6m | Reduced -809.4k |
| HG Vora Capital Management, LLC 5.95% of their portfolio | 7.2m $91.7m | Added +1.9m |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.7m $72.0m | Added +331.5k |
| North Peak Capital Management, LLC 7.78% of their portfolio | 5.2m $66.2m | Added +852.8k |
| BlackRock Inc. 0.00% of their portfolio | 4.6m $57.9m | Added +1.5m |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 3.7m $46.5m | Reduced -2.6m |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 3.3m $41.8m | Added +579.6k |
| BAMCO INC /NY/ 0.11% of their portfolio | 3.0m $38.2m | Added +1.0m |
| FMR LLC 0.00% of their portfolio | 2.6m $33.1m | Reduced -216.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.6m $20.5m | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $19.0m | Added +452.2k |
| One Fin Capital Management LP 7.09% of their portfolio | 1.4m $17.8m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $17.7m | Added +373.6k |
| J. Goldman & Co LP 0.59% of their portfolio | 1.2m $15.9m | Added +960.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $14.0m | Reduced -6.2m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $13.4m | Added +674.0k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 973.1k $12.4m | Added +24.6k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 929.1k $11.5m | Added +412.5k |
| GRIZZLYROCK CAPITAL, LLC 9.42% of their portfolio | 890.1k $11.3m | Added +618.9k |
| NORGES BANK 0.00% of their portfolio | 788.5k $10.0m | Reduced -221.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 733.5k $9.3m | Added +56.1k |
| ALGERT GLOBAL LLC 0.29% of their portfolio | 674.9k $8.6m | Reduced -9.5k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 612.4k $7.8m | Added +513.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 491.9k $6.3m | Added +134.6k |
| Tensile Capital Management LP 0.63% of their portfolio | 450.0k $5.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 424.7k $5.4m | Reduced -22.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 288.0k $3.7m | Added +4.6k |
| CastleKnight Management LP 0.45% of their portfolio | 262.6k $3.3m | Added +116.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 241.3k $3.1m | Added +32.0k |
| Verition Fund Management LLC 0.02% of their portfolio | 240.4k $3.1m | Added +87.9k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 233.8k $3.0m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 233.0k $3.0m | Added +65.6k |
| KESTREL INVESTMENT MANAGEMENT CORP 1.80% of their portfolio | 213.6k $2.7m | Unchanged |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.23% of their portfolio | 209.5k $2.7m | New |
| Trexquant Investment LP 0.04% of their portfolio | 188.9k $2.4m | Added +35.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 181.1k $2.3m | Reduced -134.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 180.5k $2.3m | Reduced -550.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 179.7k $2.3m | Added +50.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 179.5k $2.3m | Added +30.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 165.4k $2.1m | Reduced -66.6k |
| BARCLAYS PLC 0.00% of their portfolio | 150.8k $1.9m | Added +24.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 140.3k $1.8m | Reduced -100.8k |
| Swiss National Bank 0.00% of their portfolio | 129.4k $1.6m | Unchanged |
| Interval Partners, LP 0.05% of their portfolio | 127.7k $1.6m | Reduced -451.9k |
| Invesco Ltd. 0.00% of their portfolio | 124.1k $1.6m | Reduced -23.6k |
| SG Americas Securities, LLC 0.01% of their portfolio | 123.5k $1.6m | Added +98.7k |
| Boston Partners 0.00% of their portfolio | 114.2k $370.3k | Added +6.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 111.4k $1.4m | Added +38.7k |
| UBS Group AG 0.00% of their portfolio | 108.2k $1.4m | Reduced -148.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 99.3k $1.3m | Added +6.2k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 96.9k $1.2m | Reduced -12.9k |
| Cinctive Capital Management LP 0.06% of their portfolio | 93.6k $1.2m | Reduced -43.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 83.1k $1.1m | Added +25.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 78.2k $996.0k | Reduced -130 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 75.7k $964.1k | Added +47.1k |
| Holocene Advisors, LP 0.00% of their portfolio | 71.8k $914.3k | Reduced -25.0k |
| Jump Financial, LLC 0.02% of their portfolio | 68.3k $869.5k | Added +54.2k |
| Edgestream Partners, L.P. 0.04% of their portfolio | 64.1k $816.2k | New |
| Legal & General Group Plc 0.00% of their portfolio | 63.9k $813.1k | Added +11.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 63.6k $809.2k | Reduced -1.6k |
| Alaska Permanent Fund Corp 0.01% of their portfolio | 62.3k $836.9k | New |
| Aquatic Capital Management LLC 0.03% of their portfolio | 61.9k $788.0k | Added +26.6k |
| TimesSquare Capital Management, LLC 0.01% of their portfolio | 56.5k $719.1k | Reduced -1.4m |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 51.9k $660.3k | Reduced -43.9k |
| Platform Technology Partners 0.22% of their portfolio | 50.0k $636.5k | First filing |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 49.0k $623.6k | Reduced -319.3k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 47.5k $604.1k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 44.1k $561.6k | New |
| Mariner, LLC 0.00% of their portfolio | 42.5k $541.4k | Added +25.7k |
| Quantinno Capital Management LP 0.01% of their portfolio | 41.2k $524.4k | Reduced -15.1k |
| Aigen Investment Management, LP 0.10% of their portfolio | 40.9k $520.9k | Added +28.9k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 39.9k $508.2k | Added +1.4k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 39.5k $503.0k | Reduced -256.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 38.6k $491.5k | Added +23.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 38.0k $483.6k | New |
| Wedmont Private Capital 0.03% of their portfolio | 37.2k $484.5k | Added +26.8k |
| West Tower Group, LLC 1.19% of their portfolio | 34.7k $441.4k | Added +23.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 32.7k $414.5k | Added +4.6k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 32.2k $410.7k | First filing |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 31.9k $407.5k | Reduced -3.6k |
| Creative Planning 0.00% of their portfolio | 30.4k $386.9k | Reduced -21.5k |
| Quantbot Technologies LP 0.02% of their portfolio | 29.5k $375.3k | Added +28.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 28.7k $366.0k | Reduced -11.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 28.4k $361.7k | Added +518 |
| AlphaQuest LLC 0.05% of their portfolio | 28.0k $356.5k | Added +12.4k |
| MEEDER ASSET MANAGEMENT INC 0.02% of their portfolio | 27.7k $352.5k | New |
| AXQ CAPITAL, LP 0.08% of their portfolio | 27.6k $351.4k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 27.5k $354.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 27.0k $343.3k | Added +12.8k |
| Diametric Capital, LP 0.19% of their portfolio | 26.9k $341.9k | New |
| Lombard Odier Asset Management (USA) Corp 0.12% of their portfolio | 25.1k $319.6k | New |
| XTX Topco Ltd 0.03% of their portfolio | 24.5k $311.9k | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 23.8k $303.5k | Reduced -110.2k |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 22.4k $285.8k | New |
| Entropy Technologies, LP 0.03% of their portfolio | 22.0k $280.6k | Added +4.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 20.0k $254.6k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 19.1k $243.0k | Added +5.3k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 18.4k $233.7k | Added +338 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 17.9k $227.8k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 16.8k $211.6k | Reduced -17.1k |