Advance Auto Parts
525 hedge funds and large institutions have $10.5B invested in Advance Auto Parts in 2020 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 191 increasing their positions, 175 reducing their positions, and 38 closing their positions.
95% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 38
86% more call options, than puts
Call options by funds: $517M | Put options by funds: $278M
6% more funds holding
Funds holding: 493 → 525 (+32)
9% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 175
1% more capital invested
Capital invested by funds: $10.4B → $10.5B (+$103M)
0.17% less ownership
Funds ownership: 98.1% → 97.92% (-0.17%)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$98.6M |
| 2 |
Millennium Management
New York
|
+$86.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$83.4M |
| 4 |
Morgan Stanley
New York
|
+$81M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$62.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$201M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$148M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$73.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$46.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$45.5M |
AAP Hedge Fund Activity: Q4 2020 in Review
525 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2020, worth a combined $10.5B — up 0.99% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new AAP positions and 38 closed out — a net gain of 36 holders — while 191 added to existing stakes and 175 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $98.6M. The largest seller was Starboard Value, cutting an estimated $201M.
- 525 institutional investors held Advance Auto Parts (AAP) as of Q4 2020, up from 493 in Q3 2020.
- Funds reported $10.5B of Advance Auto Parts stock for Q4 2020, up 0.99% quarter-over-quarter.
- 74 funds opened new Advance Auto Parts positions in Q4 2020 and 38 closed out, a net change of +36 holders.
- The largest Advance Auto Parts buyer in Q4 2020 was Citadel Advisors, an estimated $98.6M added.
- The largest Advance Auto Parts seller in Q4 2020 was Starboard Value, an estimated $201M sold.
Based on aggregated 13F filings for Q4 2020.