Advance Auto Parts
478 hedge funds and large institutions have $11.6B invested in Advance Auto Parts in 2016 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 153 increasing their positions, 190 reducing their positions, and 82 closing their positions.
108% more call options, than puts
Call options by funds: $205M | Put options by funds: $98.8M
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
7% more capital invested
Capital invested by funds: $10.9B → $11.6B (+$706M)
4.13% more ownership
Funds ownership: 98.88% → 103.02% (+4.1%)
4% less funds holding
Funds holding: 499 → 478 (-21)
19% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 190
22% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$426M |
| 2 |
LP
Longview Partners
St Peter Port,
Guernsey
|
+$148M |
| 3 |
EIP
Epoch Investment Partners
New York
|
+$98.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$88.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$81.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$136M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$97.2M |
| 3 |
JP
Jana Partners
New York
|
-$84.6M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$76.3M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$61.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHMI
551
Howard Hughes Medical Institute
Chevy Chase,
Maryland
| – | -$42K | -278 | Closed |
|
|
TIM
552
Tortoise Investment Management
White Plains,
New York
| – | -$23K | -150 | Closed |
|
|
VFA
553
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$17K | -113 | Closed |
|
|
CCS
554
Crosspoint Capital Strategies
Orinda,
California
| – | -$6K | -38 | Closed |
|
|
NYLT
555
New York Life Trust
New York
| – | -$5K | -36 | Closed |
|
556
AssetMark Inc
Concord,
California
| – | -$3K | -23 | Closed |
|
557
Acadian Asset Management
Boston,
Massachusetts
| – | -$1K | -7 | Closed |
|
|
MPWT
558
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$150 | -1 | Closed |
|
|
WA
559
WFG Advisors
Dallas,
Texas
| – | +$150 | +1 | New |
|
AAP Hedge Fund Activity: Q1 2016 in Review
478 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2016, worth a combined $11.6B — up 6.5% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of AAP and 64 opened new positions — a net loss of 18 holders — while 190 trimmed existing stakes and 153 added.
The largest buyer was Royal London Asset Management, adding an estimated $426M. The largest seller was Point72 Asset Management, cutting an estimated $136M.
- 478 institutional investors held Advance Auto Parts (AAP) as of Q1 2016, down from 499 in Q4 2015.
- Funds reported $11.6B of Advance Auto Parts stock for Q1 2016, up 6.5% quarter-over-quarter.
- 64 funds opened new Advance Auto Parts positions in Q1 2016 and 82 closed out, a net change of -18 holders.
- The largest Advance Auto Parts buyer in Q1 2016 was Royal London Asset Management, an estimated $426M added.
- The largest Advance Auto Parts seller in Q1 2016 was Point72 Asset Management, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2016.