Advance Auto Parts
488 hedge funds and large institutions have $11.8B invested in Advance Auto Parts in 2016 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 168 increasing their positions, 181 reducing their positions, and 60 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 15 → 21 (+6)
2.37% more ownership
Funds ownership: 100.06% → 102.43% (+2.4%)
7% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 60
0% more funds holding
Funds holding: 486 → 488 (+2)
1% less capital invested
Capital invested by funds: $11.9B → $11.8B (-$87.8M)
7% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 181
21% less call options, than puts
Call options by funds: $145M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIM
Ivory Investment Management
New York
|
+$100M |
| 2 |
SCP
Soroban Capital Partners
New York
|
+$96.5M |
| 3 |
VM
Valinor Management
New York
|
+$94.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$93.3M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$88.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$218M |
| 2 |
Lazard Asset Management
New York
|
-$150M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$112M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$83.1M |
| 5 |
Millennium Management
New York
|
-$69.7M |
AAP Hedge Fund Activity: Q3 2016 in Review
488 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2016, worth a combined $11.8B — down 0.74% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new AAP positions and 60 closed out — a net gain of 4 holders — while 168 added to existing stakes and 181 trimmed.
The largest buyer was Ivory Investment Management, adding an estimated $100M. The largest seller was Wellington Management Group, cutting an estimated $218M.
- 488 institutional investors held Advance Auto Parts (AAP) as of Q3 2016, up from 486 in Q2 2016.
- Funds reported $11.8B of Advance Auto Parts stock for Q3 2016, down 0.74% quarter-over-quarter.
- 64 funds opened new Advance Auto Parts positions in Q3 2016 and 60 closed out, a net change of +4 holders.
- The largest Advance Auto Parts buyer in Q3 2016 was Ivory Investment Management, an estimated $100M added.
- The largest Advance Auto Parts seller in Q3 2016 was Wellington Management Group, an estimated $218M sold.
Based on aggregated 13F filings for Q3 2016.