Advance Auto Parts
469 hedge funds and large institutions have $6.32B invested in Advance Auto Parts in 2020 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 179 increasing their positions, 156 reducing their positions, and 94 closing their positions.
189% more call options, than puts
Call options by funds: $213M | Put options by funds: $73.5M
15% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 156
0.83% less ownership
Funds ownership: 98.6% → 97.77% (-0.83%)
7% less funds holding
Funds holding: 503 → 469 (-34)
27% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 94
42% less capital invested
Capital invested by funds: $10.9B → $6.32B (-$4.61B)
67% less funds holding in top 10
Funds holding in top 10: 12 → 4 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$108M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$108M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$81.9M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$69.9M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$119M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$105M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$85.7M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$69.5M |
| 5 |
Neuberger Berman Group
New York
|
-$68.6M |
AAP Hedge Fund Activity: Q1 2020 in Review
469 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2020, worth a combined $6.32B — down 42% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of AAP and 69 opened new positions — a net loss of 25 holders — while 156 trimmed existing stakes and 179 added.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $108M. The largest seller was DZ Bank, cutting an estimated $119M.
- 469 institutional investors held Advance Auto Parts (AAP) as of Q1 2020, down from 503 in Q4 2019.
- Funds reported $6.32B of Advance Auto Parts stock for Q1 2020, down 42% quarter-over-quarter.
- 69 funds opened new Advance Auto Parts positions in Q1 2020 and 94 closed out, a net change of -25 holders.
- The largest Advance Auto Parts buyer in Q1 2020 was Barrow, Hanley, Mewhinney & Strauss, an estimated $108M added.
- The largest Advance Auto Parts seller in Q1 2020 was DZ Bank, an estimated $119M sold.
Based on aggregated 13F filings for Q1 2020.