Advance Auto Parts
544 hedge funds and large institutions have $12.2B invested in Advance Auto Parts in 2019 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 181 increasing their positions, 199 reducing their positions, and 78 closing their positions.
9% more capital invested
Capital invested by funds: $11.3B → $12.2B (+$983M)
2.09% more ownership
Funds ownership: 98.04% → 100.13% (+2.1%)
9% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 78
2% more call options, than puts
Call options by funds: $106M | Put options by funds: $104M
1% more funds holding
Funds holding: 541 → 544 (+3)
9% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 199
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$174M |
| 2 |
ClearBridge Investments
New York
|
+$157M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$151M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$110M |
| 5 |
JP Morgan Chase
New York
|
+$104M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$168M |
| 2 |
Two Sigma Investments
New York
|
-$151M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$136M |
| 4 |
Millennium Management
New York
|
-$112M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$85M |
AAP Hedge Fund Activity: Q1 2019 in Review
544 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2019, worth a combined $12.2B — up 8.7% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new AAP positions and 78 closed out — a net gain of 7 holders — while 181 added to existing stakes and 199 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $174M. The largest seller was Two Sigma Advisers, cutting an estimated $168M.
- 544 institutional investors held Advance Auto Parts (AAP) as of Q1 2019, up from 541 in Q4 2018.
- Funds reported $12.2B of Advance Auto Parts stock for Q1 2019, up 8.7% quarter-over-quarter.
- 85 funds opened new Advance Auto Parts positions in Q1 2019 and 78 closed out, a net change of +7 holders.
- The largest Advance Auto Parts buyer in Q1 2019 was Melvin Capital Management, an estimated $174M added.
- The largest Advance Auto Parts seller in Q1 2019 was Two Sigma Advisers, an estimated $168M sold.
Based on aggregated 13F filings for Q1 2019.