Advance Auto Parts
520 hedge funds and large institutions have $12.7B invested in Advance Auto Parts in 2016 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 177 increasing their positions, 178 reducing their positions, and 62 closing their positions.
307% more call options, than puts
Call options by funds: $349M | Put options by funds: $85.6M
68% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 62
29% more funds holding in top 10
Funds holding in top 10: 21 → 27 (+6)
7% more capital invested
Capital invested by funds: $11.8B → $12.7B (+$859M)
7% more funds holding
Funds holding: 488 → 520 (+32)
1% less repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 178
0.92% less ownership
Funds ownership: 102.43% → 101.51% (-0.92%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$112M |
| 2 |
SCP
Soroban Capital Partners
New York
|
+$68.4M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$67.3M |
| 4 |
SPC
Slate Path Capital
New York
|
+$65.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$48.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$95.2M |
| 2 |
VM
Valinor Management
New York
|
-$88.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$84.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$68.2M |
| 5 |
IIM
Ivory Investment Management
New York
|
-$65.5M |
AAP Hedge Fund Activity: Q4 2016 in Review
520 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2016, worth a combined $12.7B — up 7.3% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new AAP positions and 62 closed out — a net gain of 42 holders — while 177 added to existing stakes and 178 trimmed.
The largest buyer was Artisan Partners, adding an estimated $112M. The largest seller was Fir Tree Capital Management, cutting an estimated $95.2M.
- 520 institutional investors held Advance Auto Parts (AAP) as of Q4 2016, up from 488 in Q3 2016.
- Funds reported $12.7B of Advance Auto Parts stock for Q4 2016, up 7.3% quarter-over-quarter.
- 104 funds opened new Advance Auto Parts positions in Q4 2016 and 62 closed out, a net change of +42 holders.
- The largest Advance Auto Parts buyer in Q4 2016 was Artisan Partners, an estimated $112M added.
- The largest Advance Auto Parts seller in Q4 2016 was Fir Tree Capital Management, an estimated $95.2M sold.
Based on aggregated 13F filings for Q4 2016.