Advance Auto Parts
588 hedge funds and large institutions have $12.9B invested in Advance Auto Parts in 2021 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 216 increasing their positions, 202 reducing their positions, and 41 closing their positions.
56% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 41
16% more call options, than puts
Call options by funds: $256M | Put options by funds: $220M
2% more funds holding
Funds holding: 577 → 588 (+11)
1.91% more ownership
Funds ownership: 96.4% → 98.31% (+1.9%)
7% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 202
0% more capital invested
Capital invested by funds: $12.9B → $12.9B (+$10.5M)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$122M |
| 2 |
BGCP
Bristol Gate Capital Partners
Toronto,
Ontario, Canada
|
+$86.4M |
| 3 |
Millennium Management
New York
|
+$71.6M |
| 4 |
JP Morgan Chase
New York
|
+$52.4M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$42.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$112M |
| 2 |
ClearBridge Investments
New York
|
-$109M |
| 3 |
EC
Eminence Capital
New York
|
-$103M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$90.7M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$58.1M |
AAP Hedge Fund Activity: Q3 2021 in Review
588 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2021, worth a combined $12.9B — up 0.08% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new AAP positions and 41 closed out — a net gain of 23 holders — while 216 added to existing stakes and 202 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $122M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $112M.
- 588 institutional investors held Advance Auto Parts (AAP) as of Q3 2021, up from 577 in Q2 2021.
- Funds reported $12.9B of Advance Auto Parts stock for Q3 2021, up 0.08% quarter-over-quarter.
- 64 funds opened new Advance Auto Parts positions in Q3 2021 and 41 closed out, a net change of +23 holders.
- The largest Advance Auto Parts buyer in Q3 2021 was Citadel Advisors, an estimated $122M added.
- The largest Advance Auto Parts seller in Q3 2021 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $112M sold.
Based on aggregated 13F filings for Q3 2021.