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Advance Auto Parts

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.

New
Increased
Maintained
Reduced
Closed

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: 613497 (-116)

33% less funds holding in top 10

Funds holding in top 10: 32 (-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

Holders
497
Holders Change
-116
Holders Change %
-18.92%
% of All Funds
7.8%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
56
Increased
173
Reduced
190
Closed
168
Calls
$245M
Puts
$247M
Net Calls
-$1.72M
Net Calls Change
+$23.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$39.5M -$42.6M -414,328 -42%
UBS AM
27
UBS AM
Illinois
$36.5M
Qube Research & Technologies (QRT)
28
Qube Research & Technologies (QRT)
United Kingdom
$34.1M +$22.7M +220,601 +83%
Jacobs Levy Equity Management
29
Jacobs Levy Equity Management
New Jersey
$33.6M +$49.2M +478,637 New
Alyeska Investment Group
30
Alyeska Investment Group
Illinois
$33.6M +$30.7M +298,066 +165%
Arrowstreet Capital
31
Arrowstreet Capital
Massachusetts
$29.6M +$392K +3,814 +0.9%
Two Sigma Investments
32
Two Sigma Investments
New York
$28.1M +$5.95M +57,832 +17%
Legal & General Group
33
Legal & General Group
United Kingdom
$27.7M -$8.01M -77,854 -17%
Holocene Advisors
34
Holocene Advisors
New York
$24.8M +$36.1M +351,132 +19,389%
RRAM
35
River Road Asset Management
Kentucky
$23.2M -$40.2M -390,831 -54%
CSS
36
Cubist Systematic Strategies
Connecticut
$22.9M -$3.68M -35,784 -10%
First Trust Advisors
37
First Trust Advisors
Illinois
$21M +$23.3M +226,341 +313%
TSW
38
Thompson Siegel & Walmsley
Virginia
$19.9M +$8.46M +82,215 +41%
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$19.3M +$6.56M +63,724 +30%
Two Sigma Advisers
40
Two Sigma Advisers
New York
$19.1M +$15.2M +148,000 +120%
Jane Street
41
Jane Street
New York
$19M +$19.7M +191,919 +244%
Federated Hermes
42
Federated Hermes
Pennsylvania
$17.3M +$25.1M +243,754 +12,025%
BNP Paribas Asset Management
43
BNP Paribas Asset Management
France
$16.9M +$7.63M +74,130 +44%
American Century Companies
44
American Century Companies
Missouri
$15.7M -$124M -1,204,026 -84%
Deutsche Bank
45
Deutsche Bank
Germany
$15.6M -$2.42M -23,483 -10%
Swiss National Bank
46
Swiss National Bank
Switzerland
$15M -$2.14M -20,800 -9%
ClearBridge Investments
47
ClearBridge Investments
New York
$14M +$461K +4,486 +2%
Ameriprise
48
Ameriprise
Minnesota
$13.8M +$4.56M +44,288 +29%
Goldman Sachs
49
Goldman Sachs
New York
$13.7M +$746K +7,249 +4%
Barclays
50
Barclays
United Kingdom
$13.7M -$14.9M -144,809 -43%

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.