Advance Auto Parts
422 hedge funds and large institutions have $9.1B invested in Advance Auto Parts in 2014 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 156 increasing their positions, 166 reducing their positions, and 37 closing their positions.
16% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 37
2% more call options, than puts
Call options by funds: $66.4M | Put options by funds: $65.1M
0% more funds holding
Funds holding: 422 → 422 (0)
5% less capital invested
Capital invested by funds: $9.57B → $9.1B (-$462M)
6% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 166
1.5% less ownership
Funds ownership: 97.23% → 95.73% (-1.5%)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$264M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$57.6M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$50.1M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$45.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$95.4M |
| 2 |
RCM
Roystone Capital Management
New York
|
-$93.8M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$86.6M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$80M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$74.2M |
AAP Hedge Fund Activity: Q3 2014 in Review
422 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2014, worth a combined $9.1B — down 4.8% from $9.57B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AAP positions and 37 closed out — a net gain of 6 holders — while 156 added to existing stakes and 166 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $264M. The largest seller was PFM Health Sciences, exiting entirely with an estimated $95.4M sold.
- 422 institutional investors held Advance Auto Parts (AAP) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $9.1B of Advance Auto Parts stock for Q3 2014, down 4.8% quarter-over-quarter.
- 43 funds opened new Advance Auto Parts positions in Q3 2014 and 37 closed out, a net change of +6 holders.
- The largest Advance Auto Parts buyer in Q3 2014 was Wellington Management Group, an estimated $264M added.
- The largest Advance Auto Parts seller in Q3 2014 was PFM Health Sciences, an estimated $95.4M sold.
Based on aggregated 13F filings for Q3 2014.