Berry Wealth Group LP Trims Darden Restaurants Stock Position

The investment firm reduced its stake in the restaurant operator by 91% in the third quarter.

Published on Mar. 6, 2026

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Berry Wealth Group LP cut its stake in shares of Darden Restaurants, Inc. (NYSE:DRI) by 91.0% in the 3rd quarter, according to the company's recent disclosure with the Securities and Exchange Commission (SEC). The fund now owns 1,275 shares of the restaurant operator's stock, down from 14,132 shares previously.

Why it matters

Darden Restaurants, which owns popular chains like Olive Garden and LongHorn Steakhouse, is a closely watched stock in the restaurant industry. Changes to major institutional investors' positions in the company can provide insights into market sentiment and outlook.

The details

Berry Wealth Group LP's holdings in Darden Restaurants were worth $243,000 as of its most recent SEC filing, down from $2.7 million in the prior quarter. The firm cited unspecified reasons for reducing its position in the restaurant operator.

  • Berry Wealth Group LP disclosed the stock position change in its 3rd quarter SEC filing.

The players

Berry Wealth Group LP

An investment management firm that reduced its stake in Darden Restaurants by 91% in the third quarter.

Darden Restaurants, Inc.

A restaurant company that owns popular chains like Olive Garden and LongHorn Steakhouse.

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The takeaway

The significant reduction in Berry Wealth Group's Darden Restaurants position suggests the investment firm may have a less bullish outlook on the restaurant operator compared to previous quarters. However, without further details, it's difficult to determine the specific reasons behind the portfolio change.