Advance Auto Parts
378 hedge funds and large institutions have $7.74B invested in Advance Auto Parts in 2013 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 98 increasing their positions, 169 reducing their positions, and 36 closing their positions.
88% more funds holding in top 10
Funds holding in top 10: 8 → 15 (+7)
81% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 36
32% more capital invested
Capital invested by funds: $5.85B → $7.74B (+$1.9B)
8% more funds holding
Funds holding: 351 → 378 (+27)
1.07% less ownership
Funds ownership: 97.07% → 96% (-1.1%)
42% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 169
76% less call options, than puts
Call options by funds: $81.2M | Put options by funds: $340M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scout Capital Management
New York
|
+$236M |
| 2 |
JP Morgan Chase
New York
|
+$125M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$104M |
| 4 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$92.1M |
| 5 |
Lazard Asset Management
New York
|
+$86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$447M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$71.3M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$49.8M |
| 4 |
EC
Eminence Capital
New York
|
-$47.1M |
| 5 |
IIM
Ivory Investment Management
New York
|
-$41.1M |
AAP Hedge Fund Activity: Q4 2013 in Review
378 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2013, worth a combined $7.74B — up 32% from $5.85B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new AAP positions and 36 closed out — a net gain of 29 holders — while 98 added to existing stakes and 169 trimmed.
The largest buyer was Scout Capital Management, opening a new position worth an estimated $236M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $447M.
- 378 institutional investors held Advance Auto Parts (AAP) as of Q4 2013, up from 351 in Q3 2013.
- Funds reported $7.74B of Advance Auto Parts stock for Q4 2013, up 32% quarter-over-quarter.
- 65 funds opened new Advance Auto Parts positions in Q4 2013 and 36 closed out, a net change of +29 holders.
- The largest Advance Auto Parts buyer in Q4 2013 was Scout Capital Management, an estimated $236M added.
- The largest Advance Auto Parts seller in Q4 2013 was Ruane, Cunniff & Goldfarb, an estimated $447M sold.
Based on aggregated 13F filings for Q4 2013.