Advance Auto Parts
515 hedge funds and large institutions have $11.5B invested in Advance Auto Parts in 2019 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 196 increasing their positions, 173 reducing their positions, and 87 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 173
13% more call options, than puts
Call options by funds: $147M | Put options by funds: $130M
3.69% more ownership
Funds ownership: 100.08% → 103.76% (+3.7%)
5% less funds holding
Funds holding: 543 → 515 (-28)
6% less capital invested
Capital invested by funds: $12.2B → $11.5B (-$773M)
26% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 87
48% less funds holding in top 10
Funds holding in top 10: 21 → 11 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$359M |
| 2 |
JP Morgan Chase
New York
|
+$246M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$103M |
| 4 |
MCM
Melvin Capital Management
New York
|
+$85.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$137M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$134M |
| 3 |
SIM
SRS Investment Management
New York
|
-$100M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$86.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$81.3M |
AAP Hedge Fund Activity: Q2 2019 in Review
515 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q2 2019, worth a combined $11.5B — down 6.3% from $12.2B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of AAP and 64 opened new positions — a net loss of 23 holders — while 173 trimmed existing stakes and 196 added.
The largest buyer was ClearBridge Investments, adding an estimated $359M. The largest seller was Citadel Advisors, exiting entirely with an estimated $137M sold.
- 515 institutional investors held Advance Auto Parts (AAP) as of Q2 2019, down from 543 in Q1 2019.
- Funds reported $11.5B of Advance Auto Parts stock for Q2 2019, down 6.3% quarter-over-quarter.
- 64 funds opened new Advance Auto Parts positions in Q2 2019 and 87 closed out, a net change of -23 holders.
- The largest Advance Auto Parts buyer in Q2 2019 was ClearBridge Investments, an estimated $359M added.
- The largest Advance Auto Parts seller in Q2 2019 was Citadel Advisors, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2019.