Advance Auto Parts
500 hedge funds and large institutions have $10.9B invested in Advance Auto Parts in 2015 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 173 increasing their positions, 172 reducing their positions, and 82 closing their positions.
142% more call options, than puts
Call options by funds: $351M | Put options by funds: $145M
21% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 82
2% more funds holding
Funds holding: 488 → 500 (+12)
2.33% more ownership
Funds ownership: 96.5% → 98.83% (+2.3%)
1% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 172
18% less capital invested
Capital invested by funds: $13.4B → $10.9B (-$2.46B)
53% less funds holding in top 10
Funds holding in top 10: 19 → 9 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$253M |
| 2 |
JP
Jana Partners
New York
|
+$97.7M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$90.6M |
| 4 |
PC
Passport Capital
San Francisco,
California
|
+$85.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$173M |
| 2 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$115M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$109M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$104M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$81.7M |
AAP Hedge Fund Activity: Q4 2015 in Review
500 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2015, worth a combined $10.9B — down 18% from $13.4B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new AAP positions and 82 closed out — a net gain of 17 holders — while 173 added to existing stakes and 172 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $253M. The largest seller was Lazard Asset Management, cutting an estimated $173M.
- 500 institutional investors held Advance Auto Parts (AAP) as of Q4 2015, up from 488 in Q3 2015.
- Funds reported $10.9B of Advance Auto Parts stock for Q4 2015, down 18% quarter-over-quarter.
- 99 funds opened new Advance Auto Parts positions in Q4 2015 and 82 closed out, a net change of +17 holders.
- The largest Advance Auto Parts buyer in Q4 2015 was Point72 Asset Management, an estimated $253M added.
- The largest Advance Auto Parts seller in Q4 2015 was Lazard Asset Management, an estimated $173M sold.
Based on aggregated 13F filings for Q4 2015.