Advance Auto Parts
420 hedge funds and large institutions have $7.74B invested in Advance Auto Parts in 2017 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 155 increasing their positions, 139 reducing their positions, and 85 closing their positions.
63% more funds holding in top 10
Funds holding in top 10: 8 → 13 (+5)
12% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 139
1% more call options, than puts
Call options by funds: $120M | Put options by funds: $118M
2.18% less ownership
Funds ownership: 107.86% → 105.68% (-2.2%)
5% less funds holding
Funds holding: 442 → 420 (-22)
17% less capital invested
Capital invested by funds: $9.29B → $7.74B (-$1.54B)
18% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$187M |
| 2 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
+$92.6M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$70M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$69.4M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
+$65.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$341M |
| 2 |
Lazard Asset Management
New York
|
-$279M |
| 3 |
MAI
Marble Arch Investments
New York
|
-$109M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$106M |
| 5 |
BlackRock
New York
|
-$98.8M |
AAP Hedge Fund Activity: Q3 2017 in Review
420 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2017, worth a combined $7.74B — down 17% from $9.29B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of AAP and 70 opened new positions — a net loss of 15 holders — while 139 trimmed existing stakes and 155 added.
The largest buyer was Artisan Partners, adding an estimated $187M. The largest seller was Wellington Management Group, cutting an estimated $341M.
- 420 institutional investors held Advance Auto Parts (AAP) as of Q3 2017, down from 442 in Q2 2017.
- Funds reported $7.74B of Advance Auto Parts stock for Q3 2017, down 17% quarter-over-quarter.
- 70 funds opened new Advance Auto Parts positions in Q3 2017 and 85 closed out, a net change of -15 holders.
- The largest Advance Auto Parts buyer in Q3 2017 was Artisan Partners, an estimated $187M added.
- The largest Advance Auto Parts seller in Q3 2017 was Wellington Management Group, an estimated $341M sold.
Based on aggregated 13F filings for Q3 2017.