Advance Auto Parts
AAP
654 hedge funds and large institutions have $8.19B invested in Advance Auto Parts in 2022 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 213 increasing their positions, 228 reducing their positions, and 92 closing their positions.
38% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 92
4% more funds holding
Funds holding: 630 → 654 (+24)
8% more call options, than puts
Call options by funds: $205M | Put options by funds: $190M
7% less repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 228
1.78% less ownership
Funds ownership: 97.18% → 95.4% (-1.8%)
10% less capital invested
Capital invested by funds: $9.12B → $8.19B (-$934M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$95.4M |
| 2 |
Millennium Management
New York
|
+$71.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$61.6M |
| 5 |
Barclays
London,
United Kingdom
|
+$42.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$147M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$121M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$96.7M |
| 4 |
ClearBridge Investments
New York
|
-$79.1M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$68M |
AAP Hedge Fund Activity: Q4 2022 in Review
654 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2022, worth a combined $8.19B — down 10% from $9.12B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new AAP positions and 92 closed out — a net gain of 35 holders — while 213 added to existing stakes and 228 trimmed.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $95.4M. The largest seller was Nuveen, cutting an estimated $147M.
- 654 institutional investors held Advance Auto Parts (AAP) as of Q4 2022, up from 630 in Q3 2022.
- Funds reported $8.19B of Advance Auto Parts stock for Q4 2022, down 10% quarter-over-quarter.
- 127 funds opened new Advance Auto Parts positions in Q4 2022 and 92 closed out, a net change of +35 holders.
- The largest Advance Auto Parts buyer in Q4 2022 was Alyeska Investment Group, an estimated $95.4M added.
- The largest Advance Auto Parts seller in Q4 2022 was Nuveen, an estimated $147M sold.
Based on aggregated 13F filings for Q4 2022.