Advance Auto Parts
523 hedge funds and large institutions have $10.5B invested in Advance Auto Parts in 2020 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 191 increasing their positions, 174 reducing their positions, and 39 closing their positions.
96% more call options, than puts
Call options by funds: $509M | Put options by funds: $260M
90% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 39
6% more funds holding
Funds holding: 492 → 523 (+31)
10% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 174
1% more capital invested
Capital invested by funds: $10.4B → $10.5B (+$82.5M)
0.18% less ownership
Funds ownership: 98.11% → 97.92% (-0.18%)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$98.6M |
| 2 |
Millennium Management
New York
|
+$86.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$83.4M |
| 4 |
Morgan Stanley
New York
|
+$81M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$62.2M |
Top Sellers
| 1 |
SV
Starboard Value
New York
|
-$201M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$148M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$73.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$46.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$45.5M |
AAP Hedge Fund Activity: Q4 2020 in Review
523 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2020, worth a combined $10.5B — up 0.79% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new AAP positions and 39 closed out — a net gain of 35 holders — while 191 added to existing stakes and 174 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $98.6M. The largest seller was Starboard Value, cutting an estimated $201M.
- 523 institutional investors held Advance Auto Parts (AAP) as of Q4 2020, up from 492 in Q3 2020.
- Funds reported $10.5B of Advance Auto Parts stock for Q4 2020, up 0.79% quarter-over-quarter.
- 74 funds opened new Advance Auto Parts positions in Q4 2020 and 39 closed out, a net change of +35 holders.
- The largest Advance Auto Parts buyer in Q4 2020 was Citadel Advisors, an estimated $98.6M added.
- The largest Advance Auto Parts seller in Q4 2020 was Starboard Value, an estimated $201M sold.
Based on aggregated 13F filings for Q4 2020.