Advance Auto Parts
540 hedge funds and large institutions have $11.1B invested in Advance Auto Parts in 2018 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 190 increasing their positions, 178 reducing their positions, and 56 closing their positions.
73% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 56
69% more funds holding in top 10
Funds holding in top 10: 13 → 22 (+9)
7% more funds holding
Funds holding: 503 → 540 (+37)
7% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 178
0.84% more ownership
Funds ownership: 97.21% → 98.04% (+0.84%)
8% less capital invested
Capital invested by funds: $12.1B → $11.1B (-$977M)
45% less call options, than puts
Call options by funds: $94.4M | Put options by funds: $171M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$170M |
| 2 |
Two Sigma Investments
New York
|
+$95.4M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$94.1M |
| 4 |
BlackRock
New York
|
+$89.3M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$75.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$320M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$224M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$141M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$134M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$129M |
AAP Hedge Fund Activity: Q4 2018 in Review
540 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2018, worth a combined $11.1B — down 8.1% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new AAP positions and 56 closed out — a net gain of 41 holders — while 190 added to existing stakes and 178 trimmed.
The largest buyer was Two Sigma Advisers, adding an estimated $170M. The largest seller was Franklin Resources, cutting an estimated $320M.
- 540 institutional investors held Advance Auto Parts (AAP) as of Q4 2018, up from 503 in Q3 2018.
- Funds reported $11.1B of Advance Auto Parts stock for Q4 2018, down 8.1% quarter-over-quarter.
- 97 funds opened new Advance Auto Parts positions in Q4 2018 and 56 closed out, a net change of +41 holders.
- The largest Advance Auto Parts buyer in Q4 2018 was Two Sigma Advisers, an estimated $170M added.
- The largest Advance Auto Parts seller in Q4 2018 was Franklin Resources, an estimated $320M sold.
Based on aggregated 13F filings for Q4 2018.