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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
Citigroup
51
Citigroup
New York
$13.6M +$12.6M +122,094 +169%
Prudential Financial
52
Prudential Financial
New Jersey
$13.5M +$3.65M +35,453 +66%
N
53
Nuveen
North Carolina
$13.5M -$776K -7,540 -4%
Sumitomo Mitsui Trust Group
54
Sumitomo Mitsui Trust Group
Japan
$11.7M -$2.93M -28,442 -15%
Russell Investments Group
55
Russell Investments Group
United Kingdom
$10.4M +$109K +1,062 +0.7%
T
56
TOBAM
France
$10.2M +$15M +145,601 New
PI
57
PEAK6 Investments
Illinois
$9.38M +$11.7M +113,990 +589%
APG Asset Management
58
APG Asset Management
Netherlands
$9.33M -$3.46M -33,600 -19%
RhumbLine Advisers
59
RhumbLine Advisers
Massachusetts
$8.96M -$264K -2,571 -2%
1832 Asset Management
60
1832 Asset Management
Ontario, Canada
$8.75M +$12.8M +124,500 New
Nomura Asset Management
61
Nomura Asset Management
Japan
$8.53M +$1.86M +18,036 +17%
HSBC Holdings
62
HSBC Holdings
United Kingdom
$8.35M +$36K +350 +0.3%
AF
63
Alerus Financial
North Dakota
$8.31M +$1.54M +14,956 +14%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$7.98M -$3.76M -36,529 -24%
CS
65
Credit Suisse
Switzerland
$7.94M +$1.76M +17,094 +18%
Wells Fargo
66
Wells Fargo
California
$7.77M -$394K -3,828 -3%
N
67
Numerai
California
$7.69M +$4.11M +39,934 +57%
CM
68
Caption Management
Oklahoma
$7.56M +$9.16M +89,084 +484%
PFC
69
Poplar Forest Capital
California
$7.26M -$7.76M -75,449 -42%
IG
70
ING Group
Netherlands
$6.97M +$10.2M +98,721 +21,049%
RJA
71
Raymond James & Associates
Florida
$6.81M -$17.1M -166,424 -63%
California State Teachers Retirement System (CalSTRS)
72
California State Teachers Retirement System (CalSTRS)
California
$6.7M -$73.3K -713 -0.7%
GCMG
73
Gyroscope Capital Management Group
Florida
$6.52M +$3.34M +32,423 +54%
WIC
74
Willis Investment Counsel
Georgia
$6.39M +$134K +1,303 +1%
Fuller & Thaler Asset Management
75
Fuller & Thaler Asset Management
California
$6.12M +$3.26M +31,712 +57%

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.