Advance Auto Parts
420 hedge funds and large institutions have $8.81B invested in Advance Auto Parts in 2014 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 134 increasing their positions, 158 reducing their positions, and 31 closing their positions.
155% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 31
14% more capital invested
Capital invested by funds: $7.74B → $8.81B (+$1.07B)
11% more funds holding
Funds holding: 378 → 420 (+42)
10% more call options, than puts
Call options by funds: $58.2M | Put options by funds: $52.8M
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
0.44% less ownership
Funds ownership: 96% → 95.55% (-0.44%)
15% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 158
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$185M |
| 2 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$109M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$107M |
| 4 |
RCM
Roystone Capital Management
New York
|
+$54.5M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$151M |
| 2 |
EC
Eminence Capital
New York
|
-$104M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$68.1M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$50.1M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$38.7M |
AAP Hedge Fund Activity: Q1 2014 in Review
420 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2014, worth a combined $8.81B — up 14% from $7.74B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new AAP positions and 31 closed out — a net gain of 48 holders — while 134 added to existing stakes and 158 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $185M. The largest seller was Glenview Capital Management, cutting an estimated $151M.
- 420 institutional investors held Advance Auto Parts (AAP) as of Q1 2014, up from 378 in Q4 2013.
- Funds reported $8.81B of Advance Auto Parts stock for Q1 2014, up 14% quarter-over-quarter.
- 79 funds opened new Advance Auto Parts positions in Q1 2014 and 31 closed out, a net change of +48 holders.
- The largest Advance Auto Parts buyer in Q1 2014 was Wellington Management Group, an estimated $185M added.
- The largest Advance Auto Parts seller in Q1 2014 was Glenview Capital Management, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2014.