Advance Auto Parts
487 hedge funds and large institutions have $13.3B invested in Advance Auto Parts in 2015 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 144 increasing their positions, 173 reducing their positions, and 33 closing their positions.
239% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 33
231% more call options, than puts
Call options by funds: $457M | Put options by funds: $138M
58% more funds holding in top 10
Funds holding in top 10: 12 → 19 (+7)
19% more funds holding
Funds holding: 409 → 487 (+78)
14% more capital invested
Capital invested by funds: $11.6B → $13.3B (+$1.67B)
3.87% less ownership
Funds ownership: 100.37% → 96.5% (-3.9%)
17% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 173
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$296M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$197M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$184M |
| 4 |
State Street
Boston,
Massachusetts
|
+$104M |
| 5 |
Millennium Management
New York
|
+$69.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$378M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$224M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$194M |
| 4 |
Lazard Asset Management
New York
|
-$183M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$84.9M |
AAP Hedge Fund Activity: Q3 2015 in Review
487 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2015, worth a combined $13.3B — up 14% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new AAP positions and 33 closed out — a net gain of 79 holders — while 144 added to existing stakes and 173 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $296M. The largest seller was Wellington Management Group, cutting an estimated $378M.
- 487 institutional investors held Advance Auto Parts (AAP) as of Q3 2015, up from 409 in Q2 2015.
- Funds reported $13.3B of Advance Auto Parts stock for Q3 2015, up 14% quarter-over-quarter.
- 112 funds opened new Advance Auto Parts positions in Q3 2015 and 33 closed out, a net change of +79 holders.
- The largest Advance Auto Parts buyer in Q3 2015 was Starboard Value, an estimated $296M added.
- The largest Advance Auto Parts seller in Q3 2015 was Wellington Management Group, an estimated $378M sold.
Based on aggregated 13F filings for Q3 2015.