Advance Auto Parts
351 hedge funds and large institutions have $5.85B invested in Advance Auto Parts in 2013 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 147 increasing their positions, 111 reducing their positions, and 33 closing their positions.
185% more call options, than puts
Call options by funds: $109M | Put options by funds: $38.4M
32% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 111
30% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 33
2% more funds holding
Funds holding: 345 → 351 (+6)
2% more capital invested
Capital invested by funds: $5.73B → $5.85B (+$114M)
0.28% more ownership
Funds ownership: 96.78% → 97.07% (+0.28%)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$222M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$46M |
| 3 |
IIM
Ivory Investment Management
New York
|
+$37.8M |
| 4 |
Lazard Asset Management
New York
|
+$33.1M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$31.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
-$132M |
| 2 |
EC
Eminence Capital
New York
|
-$118M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$102M |
| 4 |
GI
GLG Inc
New York
|
-$54.9M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$48.2M |
AAP Hedge Fund Activity: Q3 2013 in Review
351 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2013, worth a combined $5.85B — up 2% from $5.73B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AAP positions and 33 closed out — a net gain of 10 holders — while 147 added to existing stakes and 111 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $222M. The largest seller was Perry Capital, exiting entirely with an estimated $132M sold.
- 351 institutional investors held Advance Auto Parts (AAP) as of Q3 2013, up from 345 in Q2 2013.
- Funds reported $5.85B of Advance Auto Parts stock for Q3 2013, up 2% quarter-over-quarter.
- 43 funds opened new Advance Auto Parts positions in Q3 2013 and 33 closed out, a net change of +10 holders.
- The largest Advance Auto Parts buyer in Q3 2013 was Glenview Capital Management, an estimated $222M added.
- The largest Advance Auto Parts seller in Q3 2013 was Perry Capital, an estimated $132M sold.
Based on aggregated 13F filings for Q3 2013.