Advance Auto Parts
543 hedge funds and large institutions have $11.8B invested in Advance Auto Parts in 2021 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 182 increasing their positions, 182 reducing their positions, and 61 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 8 → 14 (+6)
48% more call options, than puts
Call options by funds: $272M | Put options by funds: $184M
36% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 61
12% more capital invested
Capital invested by funds: $10.5B → $11.8B (+$1.31B)
3% more funds holding
Funds holding: 525 → 543 (+18)
0.01% more ownership
Funds ownership: 97.92% → 97.93% (+0.01%)
0% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 182
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$140M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$58.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$47.9M |
| 4 |
AC
Armistice Capital
New York
|
+$45.9M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$45.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$250M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$146M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$90.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$76.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$69.5M |
AAP Hedge Fund Activity: Q1 2021 in Review
543 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2021, worth a combined $11.8B — up 12% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new AAP positions and 61 closed out — a net gain of 22 holders — while 182 added to existing stakes and 182 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $140M. The largest seller was Melvin Capital Management, cutting an estimated $250M.
- 543 institutional investors held Advance Auto Parts (AAP) as of Q1 2021, up from 525 in Q4 2020.
- Funds reported $11.8B of Advance Auto Parts stock for Q1 2021, up 12% quarter-over-quarter.
- 83 funds opened new Advance Auto Parts positions in Q1 2021 and 61 closed out, a net change of +22 holders.
- The largest Advance Auto Parts buyer in Q1 2021 was Eminence Capital, an estimated $140M added.
- The largest Advance Auto Parts seller in Q1 2021 was Melvin Capital Management, an estimated $250M sold.
Based on aggregated 13F filings for Q1 2021.