Advance Auto Parts
502 hedge funds and large institutions have $10.9B invested in Advance Auto Parts in 2019 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 138 increasing their positions, 192 reducing their positions, and 39 closing their positions.
126% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 39
46% more call options, than puts
Call options by funds: $182M | Put options by funds: $124M
8% more funds holding
Funds holding: 463 → 502 (+39)
3.69% less ownership
Funds ownership: 102.29% → 98.6% (-3.7%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
9% less capital invested
Capital invested by funds: $12.1B → $10.9B (-$1.14B)
28% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 192
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$117M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$111M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$62.5M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$59.3M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$481M |
| 2 |
JP Morgan Chase
New York
|
-$354M |
| 3 |
SIM
SRS Investment Management
New York
|
-$78.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$68.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$52.9M |
AAP Hedge Fund Activity: Q4 2019 in Review
502 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2019, worth a combined $10.9B — down 9.4% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new AAP positions and 39 closed out — a net gain of 49 holders — while 138 added to existing stakes and 192 trimmed.
The largest buyer was Melvin Capital Management, adding an estimated $117M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $481M.
- 502 institutional investors held Advance Auto Parts (AAP) as of Q4 2019, up from 463 in Q3 2019.
- Funds reported $10.9B of Advance Auto Parts stock for Q4 2019, down 9.4% quarter-over-quarter.
- 88 funds opened new Advance Auto Parts positions in Q4 2019 and 39 closed out, a net change of +49 holders.
- The largest Advance Auto Parts buyer in Q4 2019 was Melvin Capital Management, an estimated $117M added.
- The largest Advance Auto Parts seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $481M sold.
Based on aggregated 13F filings for Q4 2019.