Advance Auto Parts
461 hedge funds and large institutions have $10.3B invested in Advance Auto Parts in 2018 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 139 increasing their positions, 169 reducing their positions, and 44 closing their positions.
57% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 44
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
11% more capital invested
Capital invested by funds: $9.3B → $10.3B (+$981M)
5% more funds holding
Funds holding: 438 → 461 (+23)
3.71% less ownership
Funds ownership: 106.1% → 102.39% (-3.7%)
18% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 169
34% less call options, than puts
Call options by funds: $116M | Put options by funds: $177M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$216M |
| 2 |
SIM
SRS Investment Management
New York
|
+$90.5M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$72.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$55M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$44.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$104M |
| 2 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
-$65.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$64.1M |
| 4 |
Goldman Sachs
New York
|
-$56.8M |
| 5 |
SI
Scharf Investments
Los Gatos,
California
|
-$56.8M |
AAP Hedge Fund Activity: Q2 2018 in Review
461 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q2 2018, worth a combined $10.3B — up 11% from $9.3B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new AAP positions and 44 closed out — a net gain of 25 holders — while 139 added to existing stakes and 169 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $216M. The largest seller was Citadel Advisors, cutting an estimated $104M.
- 461 institutional investors held Advance Auto Parts (AAP) as of Q2 2018, up from 438 in Q1 2018.
- Funds reported $10.3B of Advance Auto Parts stock for Q2 2018, up 11% quarter-over-quarter.
- 69 funds opened new Advance Auto Parts positions in Q2 2018 and 44 closed out, a net change of +25 holders.
- The largest Advance Auto Parts buyer in Q2 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $216M added.
- The largest Advance Auto Parts seller in Q2 2018 was Citadel Advisors, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2018.