Advance Auto Parts
493 hedge funds and large institutions have $10.4B invested in Advance Auto Parts in 2020 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 172 increasing their positions, 186 reducing their positions, and 49 closing their positions.
104% more call options, than puts
Call options by funds: $363M | Put options by funds: $178M
6% more capital invested
Capital invested by funds: $9.79B → $10.4B (+$623M)
0% less funds holding
Funds holding: 495 → 493 (-2)
2% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 49
8% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 186
1.34% less ownership
Funds ownership: 99.43% → 98.1% (-1.3%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$54.6M |
| 2 |
MC
Maplelane Capital
New York
|
+$51.3M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$45.8M |
| 4 |
DCP
D1 Capital Partners
New York
|
+$36.4M |
| 5 |
Morgan Stanley
New York
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$147M |
| 2 |
Millennium Management
New York
|
-$67.2M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$45.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$43.2M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$32.6M |
AAP Hedge Fund Activity: Q3 2020 in Review
493 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2020, worth a combined $10.4B — up 6.4% from $9.79B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of AAP and 48 opened new positions — a net loss of 1 holder — while 186 trimmed existing stakes and 172 added.
The largest buyer was Scopus Asset Management, adding an estimated $54.6M. The largest seller was Starboard Value, cutting an estimated $147M.
- 493 institutional investors held Advance Auto Parts (AAP) as of Q3 2020, down from 495 in Q2 2020.
- Funds reported $10.4B of Advance Auto Parts stock for Q3 2020, up 6.4% quarter-over-quarter.
- 48 funds opened new Advance Auto Parts positions in Q3 2020 and 49 closed out, a net change of -1 holder.
- The largest Advance Auto Parts buyer in Q3 2020 was Scopus Asset Management, an estimated $54.6M added.
- The largest Advance Auto Parts seller in Q3 2020 was Starboard Value, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2020.