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 ($741.0k this quarter). Holder counts are more reliable. Shares outstanding: 164.1m as of 2024-11-04, 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 ≈ $14.28. Options: 6 managers hold calls ($2.0m notional), 4 hold puts ($379.2k).
Trends to Q3 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 |
| Q3 2024 | 172 |
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 |
| Q3 2024 | 92 | 75 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $2.1m | $373.4k | 0.18 |
| Q1 2024 | $3.1m | $931.3k | 0.30 |
| Q2 2024 | $1.2m | $492.1k | 0.42 |
| Q3 2024 | $2.0m | $379.2k | 0.19 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +2.7m |
| SCOPIA CAPITAL MANAGEMENT LP | New | +1.2m |
| BAMCO INC /NY/ | Added | +500.0k |
| Interval Partners, LP | Added | +493.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +474.6k |
| HG Vora Capital Management, LLC | Added | +350.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +344.7k |
| PRELUDE CAPITAL MANAGEMENT, LLC | Added | +287.3k |
| NORTHERN TRUST CORP | Added | +252.2k |
| Ewing Morris & Co. Investment Partners Ltd. | New | +179.4k |
Biggest sellers
| DEUTSCHE BANK AG\ | Reduced | -1.5m |
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -835.9k |
| NORGES BANK | Reduced | -680.6k |
| ALGERT GLOBAL LLC | Reduced | -585.5k |
| D. E. Shaw & Co., Inc. | Reduced | -469.8k |
| Tensile Capital Management LP | Sold out | -450.0k |
| MARSHALL WACE, LLP | Reduced | -383.9k |
| BANK OF AMERICA CORP /DE/ | Reduced | -265.2k |
| BANK OF NOVA SCOTIA | Sold out | -233.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $923.3k64.7k shares |
| CITADEL ADVISORS LLC | Added | $405.3k28.4k shares |
| SIMPLEX TRADING, LLC | Added | $322.0k22.6k shares |
| GROUP ONE TRADING LLC | Added | $188.4k13.2k shares |
| Lombard Odier Asset Management (USA) Corp | New | $142.7k10.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $254.0k17.8k shares |
| CITADEL ADVISORS LLC | Reduced | $124.1k8.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0k100 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.6m $122.9m | Reduced -1.3m |
| HG Vora Capital Management, LLC 7.89% of their portfolio | 7.5m $107.7m | Added +350.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.7m $81.0m | Added +20.9k |
| North Peak Capital Management, LLC 10.63% of their portfolio | 5.3m $75.6m | Added +95.5k |
| BlackRock, Inc. 0.00% of their portfolio | 4.7m $67.3m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 4.1m $58.9m | Added +474.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.7m $53.1m | Added +2.7m |
| BAMCO INC /NY/ 0.13% of their portfolio | 3.5m $49.9m | Added +500.0k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 3.2m $45.2m | Reduced -117.2k |
| FMR LLC 0.00% of their portfolio | 2.6m $36.9m | Reduced -16.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $21.6m | Added +19.7k |
| One Fin Capital Management LP 8.09% of their portfolio | 1.5m $21.4m | Added +100.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $20.3m | Added +30.9k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $17.9m | Added +150.2k |
| SCOPIA CAPITAL MANAGEMENT LP 3.49% of their portfolio | 1.2m $16.9m | New |
| J. Goldman & Co LP 0.71% of their portfolio | 1.1m $16.3m | Reduced -103.5k |
| GRIZZLYROCK CAPITAL, LLC 10.77% of their portfolio | 875.3k $12.5m | Reduced -14.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 769.4k $11.0m | Added +344.7k |
| Interval Partners, LP 0.25% of their portfolio | 620.9k $8.9m | Added +493.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 540.3k $7.7m | Added +252.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 503.3k $7.2m | Reduced -469.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 492.0k $7.0m | Added +125 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 468.3k $6.7m | Reduced -265.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.33% of their portfolio | 297.5k $4.2m | Added +287.3k |
| CastleKnight Management LP 0.44% of their portfolio | 262.6k $3.7m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio | 256.8k $3.7m | Added +116.5k |
| KESTREL INVESTMENT MANAGEMENT CORP 1.84% of their portfolio | 228.6k $3.2m | Added +15.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 228.6k $3.3m | Reduced -383.9k |
| Edgestream Partners, L.P. 0.14% of their portfolio | 222.5k $3.2m | Added +158.4k |
| BARCLAYS PLC 0.00% of their portfolio | 205.1k $2.9m | Added +54.3k |
| Squarepoint Ops LLC 0.01% of their portfolio | 204.4k $2.9m | Reduced -36.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 193.0k $2.8m | Added +13.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 180.5k $2.6m | Unchanged |
| Ewing Morris & Co. Investment Partners Ltd. 1.67% of their portfolio | 179.4k $3.5m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 176.3k $2.5m | Reduced -56.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 160.0k $2.3m | Reduced -1.5m |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 146.5k $2.1m | Added +97.5k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 132.7k $1.9m | Added +35.8k |
| Swiss National Bank 0.00% of their portfolio | 129.4k $1.8m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 124.8k $1.8m | Added +785 |
| Cinctive Capital Management LP 0.10% of their portfolio | 119.1k $1.7m | Added +25.5k |
| NORGES BANK 0.00% of their portfolio | 107.9k $1.5m | Reduced -680.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 101.8k $1.5m | Added +2.5k |
| Millrace Asset Group, Inc. 1.44% of their portfolio | 99.5k $1.4m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 93.2k $1.3m | Reduced -835.9k |
| UBS Group AG 0.00% of their portfolio | 90.7k $1.3m | Reduced -17.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 89.4k $1.3m | Reduced -22.0k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 89.4k $1.3m | Reduced -585.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 83.6k $1.2m | Added +516 |
| Mariner, LLC 0.00% of their portfolio | 82.6k $1.2m | Added +40.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.11% of their portfolio | 76.9k $1.1m | Reduced -132.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 75.4k $1.1m | Reduced -2.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 74.5k $1.1m | Reduced -105.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 72.5k $1.0m | Reduced -3.2k |
| Quantinno Capital Management LP 0.01% of their portfolio | 69.8k $995.6k | Added +28.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 69.2k $987.2k | Reduced -111.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 65.9k $940.4k | Added +37.1k |
| Legal & General Group Plc 0.00% of their portfolio | 65.6k $936.5k | Added +1.8k |
| Alaska Permanent Fund Corp 0.01% of their portfolio | 62.3k $888.5k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 61.6k $879.6k | Reduced -1.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 59.9k $854.4k | Reduced -105.5k |
| Diametric Capital, LP 0.36% of their portfolio | 50.8k $725.5k | Added +24.0k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 50.8k $724.3k | Added +10.8k |
| Platform Technology Partners 0.22% of their portfolio | 50.0k $713.5k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.05% of their portfolio | 48.9k $697.0k | New |
| Campbell & CO Investment Adviser LLC 0.05% of their portfolio | 48.5k $691.9k | Added +26.0k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 47.5k $677.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 43.7k $623.3k | Added +28.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 38.0k $542.9k | Reduced -562 |
| Wedmont Private Capital 0.03% of their portfolio | 38.0k $536.8k | Added +834 |
| Trexquant Investment LP 0.01% of their portfolio | 35.8k $511.3k | Reduced -153.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 35.2k $501.7k | Added +19.8k |
| West Tower Group, LLC 1.06% of their portfolio | 34.7k $494.8k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 33.2k $473.5k | Added +528 |
| Creative Planning 0.00% of their portfolio | 33.1k $473.0k | Added +2.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 33.0k $471.3k | New |
| Corebridge Financial, Inc. 0.00% of their portfolio | 32.0k $457.2k | Reduced -197 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 30.3k $433.2k | Reduced -1.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 29.2k $414.0k | Added +1.6k |
| Verition Fund Management LLC 0.00% of their portfolio | 28.6k $408.3k | Reduced -211.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 28.5k $406.3k | Reduced -9.5k |
| PEAK6 Investments LLC 0.02% of their portfolio | 27.9k $398.3k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 25.8k $368.4k | Reduced -1.2k |
| Harvey Partners, LLC 0.04% of their portfolio | 25.0k $356.8k | New |
| AlphaQuest LLC 0.03% of their portfolio | 23.8k $339.8k | Reduced -4.2k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 22.7k $323.9k | Reduced -21.4k |
| Versor Investments LP 0.05% of their portfolio | 21.2k $302.5k | New |
| Lombard Odier Asset Management (USA) Corp 0.11% of their portfolio | 20.1k $287.0k | Reduced -5.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 19.8k $283.0k | Added +727 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 19.7k $280.5k | Reduced -339 |
| Handelsbanken Fonder AB 0.00% of their portfolio | 19.5k $278.0k | Added +2.8k |
| Vident Advisory, LLC 0.01% of their portfolio | 19.1k $272.1k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 18.9k $269.7k | Added +537 |
| Engineers Gate Manager LP 0.01% of their portfolio | 18.8k $268.9k | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 17.9k $256.0k | Added +47 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 17.2k $245.2k | New |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 16.4k $234.0k | Added +5.8k |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 16.4k $234.0k | Added +5.8k |
| Savant Capital, LLC 0.00% of their portfolio | 16.4k $233.6k | Added +3.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 15.8k $224.3k | Reduced -1.0k |