Advance Auto Parts
464 hedge funds and large institutions have $12.1B invested in Advance Auto Parts in 2019 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 160 increasing their positions, 176 reducing their positions, and 93 closing their positions.
91% more call options, than puts
Call options by funds: $208M | Put options by funds: $109M
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
4% more capital invested
Capital invested by funds: $11.6B → $12.1B (+$519M)
9% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 176
2.28% less ownership
Funds ownership: 104.57% → 102.29% (-2.3%)
10% less funds holding
Funds holding: 515 → 464 (-51)
54% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$374M |
| 2 |
ClearBridge Investments
New York
|
+$92.5M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$89.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$72.8M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$67.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$207M |
| 2 |
SV
Starboard Value
New York
|
-$90.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$88.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$77.9M |
| 5 |
JP Morgan Chase
New York
|
-$69.7M |
AAP Hedge Fund Activity: Q3 2019 in Review
464 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2019, worth a combined $12.1B — up 4.5% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of AAP and 43 opened new positions — a net loss of 50 holders — while 176 trimmed existing stakes and 160 added.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $374M. The largest seller was Ameriprise, cutting an estimated $207M.
- 464 institutional investors held Advance Auto Parts (AAP) as of Q3 2019, down from 515 in Q2 2019.
- Funds reported $12.1B of Advance Auto Parts stock for Q3 2019, up 4.5% quarter-over-quarter.
- 43 funds opened new Advance Auto Parts positions in Q3 2019 and 93 closed out, a net change of -50 holders.
- The largest Advance Auto Parts buyer in Q3 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $374M added.
- The largest Advance Auto Parts seller in Q3 2019 was Ameriprise, an estimated $207M sold.
Based on aggregated 13F filings for Q3 2019.