Advance Auto Parts
464 hedge funds and large institutions have $11.3B invested in Advance Auto Parts in 2014 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 148 increasing their positions, 179 reducing their positions, and 44 closing their positions.
105% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 44
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
24% more capital invested
Capital invested by funds: $9.1B → $11.3B (+$2.23B)
10% more funds holding
Funds holding: 422 → 464 (+42)
1.77% more ownership
Funds ownership: 95.73% → 97.5% (+1.8%)
17% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 179
18% less call options, than puts
Call options by funds: $61.8M | Put options by funds: $75.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$342M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$182M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$175M |
| 4 |
LP
Longview Partners
St Peter Port,
Guernsey
|
+$143M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$86.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$246M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$82.9M |
| 3 |
GCM
Glenview Capital Management
New York
|
-$73.5M |
| 4 |
Lazard Asset Management
New York
|
-$68.1M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$58.5M |
AAP Hedge Fund Activity: Q4 2014 in Review
464 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2014, worth a combined $11.3B — up 24% from $9.1B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new AAP positions and 44 closed out — a net gain of 46 holders — while 148 added to existing stakes and 179 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $342M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $246M.
- 464 institutional investors held Advance Auto Parts (AAP) as of Q4 2014, up from 422 in Q3 2014.
- Funds reported $11.3B of Advance Auto Parts stock for Q4 2014, up 24% quarter-over-quarter.
- 90 funds opened new Advance Auto Parts positions in Q4 2014 and 44 closed out, a net change of +46 holders.
- The largest Advance Auto Parts buyer in Q4 2014 was Wellington Management Group, an estimated $342M added.
- The largest Advance Auto Parts seller in Q4 2014 was Ruane, Cunniff & Goldfarb, an estimated $246M sold.
Based on aggregated 13F filings for Q4 2014.