Advance Auto Parts
AAP
497 hedge funds and large institutions have $3.87B invested in Advance Auto Parts in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 173 increasing their positions, 190 reducing their positions, and 168 closing their positions.
1% less call options, than puts
Call options by funds: $245M | Put options by funds: $247M
0.97% less ownership
Funds ownership: 92.99% → 92.02% (-0.97%)
9% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 190
19% less funds holding
Funds holding: 613 → 497 (-116)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less capital invested
Capital invested by funds: $6.74B → $3.87B (-$2.87B)
67% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 168
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$203M |
| 2 |
D.E. Shaw & Co
New York
|
+$167M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$102M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$90.2M |
| 5 |
Man Group
London,
United Kingdom
|
+$66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$164M |
| 2 |
Millennium Management
New York
|
-$149M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$124M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$124M |
| 5 |
SI
Scharf Investments
Los Gatos,
California
|
-$63M |
AAP Hedge Fund Activity: Q2 2023 in Review
497 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q2 2023, worth a combined $3.87B — down 43% from $6.74B a quarter earlier.
Sellers outnumbered buyers: 168 funds closed out of AAP and 56 opened new positions — a net loss of 112 holders — while 190 trimmed existing stakes and 173 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $203M. The largest seller was JP Morgan Chase, cutting an estimated $164M.
- 497 institutional investors held Advance Auto Parts (AAP) as of Q2 2023, down from 613 in Q1 2023.
- Funds reported $3.87B of Advance Auto Parts stock for Q2 2023, down 43% quarter-over-quarter.
- 56 funds opened new Advance Auto Parts positions in Q2 2023 and 168 closed out, a net change of -112 holders.
- The largest Advance Auto Parts buyer in Q2 2023 was T. Rowe Price Associates, an estimated $203M added.
- The largest Advance Auto Parts seller in Q2 2023 was JP Morgan Chase, an estimated $164M sold.
Based on aggregated 13F filings for Q2 2023.