Advance Auto Parts
504 hedge funds and large institutions have $12.1B invested in Advance Auto Parts in 2018 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 150 increasing their positions, 188 reducing their positions, and 34 closing their positions.
141% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 34
18% more capital invested
Capital invested by funds: $10.3B → $12.1B (+$1.84B)
9% more funds holding
Funds holding: 461 → 504 (+43)
5.19% less ownership
Funds ownership: 102.39% → 97.21% (-5.2%)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
20% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 188
29% less call options, than puts
Call options by funds: $103M | Put options by funds: $146M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$213M |
| 2 |
Millennium Management
New York
|
+$111M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$65.3M |
| 4 |
JP Morgan Chase
New York
|
+$59.5M |
| 5 |
Two Sigma Investments
New York
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$347M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$127M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$91.9M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$82.7M |
| 5 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
-$78.5M |
AAP Hedge Fund Activity: Q3 2018 in Review
504 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2018, worth a combined $12.1B — up 18% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new AAP positions and 34 closed out — a net gain of 48 holders — while 150 added to existing stakes and 188 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $213M. The largest seller was Franklin Resources, cutting an estimated $347M.
- 504 institutional investors held Advance Auto Parts (AAP) as of Q3 2018, up from 461 in Q2 2018.
- Funds reported $12.1B of Advance Auto Parts stock for Q3 2018, up 18% quarter-over-quarter.
- 82 funds opened new Advance Auto Parts positions in Q3 2018 and 34 closed out, a net change of +48 holders.
- The largest Advance Auto Parts buyer in Q3 2018 was Citadel Advisors, an estimated $213M added.
- The largest Advance Auto Parts seller in Q3 2018 was Franklin Resources, an estimated $347M sold.
Based on aggregated 13F filings for Q3 2018.