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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.

New
Increased
Maintained
Reduced
Closed

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: 1219 (+7)

19% more funds holding

Funds holding: 409487 (+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

Holders
487
Holders Change
+78
Holders Change %
+19.07%
% of All Funds
13.6%
Holding in Top 10
19
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+58.33%
% of All Funds
0.53%
New
112
Increased
144
Reduced
173
Closed
33
Calls
$457M
Puts
$138M
Net Calls
+$319M
Net Calls Change
-$124M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
26
Putnam Investments
Massachusetts
$106M +$31.7M +183,060 +48%
BG
27
BlackRock Group
United Kingdom
$99.5M +$18.3M +105,531 +25%
American Century Companies
28
American Century Companies
Missouri
$99.5M -$44.2M -255,020 -33%
HCM
29
Holland Capital Management
Illinois
$98.9M -$5.19M -29,961 -5%
Franklin Resources
30
Franklin Resources
California
$97.7M +$11.9M +68,450 +15%
GE
31
General Electric
Ohio
$97.4M -$7.79M -44,921 -8%
SCM
32
Steadfast Capital Management
New York
$94M
Millennium Management
33
Millennium Management
New York
$87.3M +$69.4M +400,668 +669%
Nomura Holdings
34
Nomura Holdings
Japan
$82.6M -$61M -351,983 -45%
Bank of America
35
Bank of America
North Carolina
$77.5M +$32.5M +187,461 +85%
Invesco
36
Invesco
Georgia
$76.1M +$676K +3,898 +1%
JP Morgan Chase
37
JP Morgan Chase
New York
$75.4M -$20.1M -115,882 -23%
Schroder Investment Management Group
38
Schroder Investment Management Group
United Kingdom
$74M -$5.98M -34,500 -8%
FCM
39
Frontier Capital Management
Massachusetts
$65.1M +$59.5M +343,556 New
Teacher Retirement System of Texas
40
Teacher Retirement System of Texas
Texas
$64.2M +$201K +1,162 +0.3%
GC
41
Guggenheim Capital
Illinois
$63.9M +$39.9M +230,282 +215%
RFC
42
Russell Frank Company
Washington
$63.4M -$51.5M -296,850 -47%
TCIM
43
TIAA CREF Investment Management
New York
$61.3M +$7.17M +41,347 +15%
UBS Group
44
UBS Group
Switzerland
$58.5M -$19.8M -113,990 -27%
D.E. Shaw & Co
45
D.E. Shaw & Co
New York
$57.4M +$51.4M +296,482 +4,748%
MNA
46
Manning & Napier Advisors
New York
$57.3M +$2.02M +11,680 +4%
Marshall Wace
47
Marshall Wace
United Kingdom
$55.3M +$17.3M +99,528 +52%
CIP
48
Chartwell Investment Partners
Pennsylvania
$54.6M +$3.12M +18,025 +7%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$52.7M +$473K +2,727 +1%
Legal & General Group
50
Legal & General Group
United Kingdom
$51.9M +$4.08M +23,530 +9%

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.