Advance Auto Parts
AAP
437 hedge funds and large institutions have $9.32B invested in Advance Auto Parts in 2018 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 137 increasing their positions, 152 reducing their positions, and 60 closing their positions.
23% more capital invested
Capital invested by funds: $7.6B → $9.32B (+$1.71B)
22% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 60
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
3.02% more ownership
Funds ownership: 103.23% → 106.25% (+3%)
2% more funds holding
Funds holding: 428 → 437 (+9)
10% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 152
30% less call options, than puts
Call options by funds: $96.3M | Put options by funds: $138M
Top Buyers
Top Sellers
| 1 |
PG
Pendal Group
Sydney,
Australia
|
-$91M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$86.6M |
| 3 |
Morgan Stanley
New York
|
-$69.1M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$52.3M |
| 5 |
Renaissance Technologies
New York
|
-$49.9M |
AAP Hedge Fund Activity: Q1 2018 in Review
437 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2018, worth a combined $9.32B — up 23% from $7.6B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new AAP positions and 60 closed out — a net gain of 13 holders — while 137 added to existing stakes and 152 trimmed.
The largest buyer was Franklin Resources, adding an estimated $197M. The largest seller was Pendal Group, exiting entirely with an estimated $91M sold.
- 437 institutional investors held Advance Auto Parts (AAP) as of Q1 2018, up from 428 in Q4 2017.
- Funds reported $9.32B of Advance Auto Parts stock for Q1 2018, up 23% quarter-over-quarter.
- 73 funds opened new Advance Auto Parts positions in Q1 2018 and 60 closed out, a net change of +13 holders.
- The largest Advance Auto Parts buyer in Q1 2018 was Franklin Resources, an estimated $197M added.
- The largest Advance Auto Parts seller in Q1 2018 was Pendal Group, an estimated $91M sold.
Based on aggregated 13F filings for Q1 2018.