Advance Auto Parts
450 hedge funds and large institutions have $11B invested in Advance Auto Parts in 2015 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 170 increasing their positions, 175 reducing their positions, and 64 closing their positions.
135% more call options, than puts
Call options by funds: $122M | Put options by funds: $51.9M
3.21% more ownership
Funds ownership: 97.5% → 100.7% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
3% less capital invested
Capital invested by funds: $11.3B → $11B (-$301M)
3% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 175
3% less funds holding
Funds holding: 464 → 450 (-14)
16% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$240M |
| 2 |
Goldman Sachs
New York
|
+$149M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$131M |
| 4 |
Millennium Management
New York
|
+$99.1M |
| 5 |
PC
Passport Capital
San Francisco,
California
|
+$92.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$111M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$83.9M |
| 3 |
AG
Aravt Global
New York
|
-$74.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$68.2M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$63.5M |
AAP Hedge Fund Activity: Q1 2015 in Review
450 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2015, worth a combined $11B — down 2.7% from $11.3B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of AAP and 54 opened new positions — a net loss of 10 holders — while 175 trimmed existing stakes and 170 added.
The largest buyer was Fir Tree Capital Management, adding an estimated $240M. The largest seller was Massachusetts Financial Services, cutting an estimated $111M.
- 450 institutional investors held Advance Auto Parts (AAP) as of Q1 2015, down from 464 in Q4 2014.
- Funds reported $11B of Advance Auto Parts stock for Q1 2015, down 2.7% quarter-over-quarter.
- 54 funds opened new Advance Auto Parts positions in Q1 2015 and 64 closed out, a net change of -10 holders.
- The largest Advance Auto Parts buyer in Q1 2015 was Fir Tree Capital Management, an estimated $240M added.
- The largest Advance Auto Parts seller in Q1 2015 was Massachusetts Financial Services, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2015.