Advance Auto Parts
658 hedge funds and large institutions have $14.5B invested in Advance Auto Parts in 2021 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 200 increasing their positions, 218 reducing their positions, and 55 closing their positions.
136% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 55
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
12% more capital invested
Capital invested by funds: $12.9B → $14.5B (+$1.6B)
12% more funds holding
Funds holding: 590 → 658 (+68)
8% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 218
1.12% less ownership
Funds ownership: 98.31% → 97.19% (-1.1%)
59% less call options, than puts
Call options by funds: $61.4M | Put options by funds: $150M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$261M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$74M |
| 3 |
Amundi
Paris,
France
|
+$64.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$47.5M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$99.3M |
| 2 |
Millennium Management
New York
|
-$94.5M |
| 3 |
Morgan Stanley
New York
|
-$66.4M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$61.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$60.5M |
AAP Hedge Fund Activity: Q4 2021 in Review
658 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2021, worth a combined $14.5B — up 12% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new AAP positions and 55 closed out — a net gain of 75 holders — while 200 added to existing stakes and 218 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $261M. The largest seller was Eminence Capital, exiting entirely with an estimated $99.3M sold.
- 658 institutional investors held Advance Auto Parts (AAP) as of Q4 2021, up from 590 in Q3 2021.
- Funds reported $14.5B of Advance Auto Parts stock for Q4 2021, up 12% quarter-over-quarter.
- 130 funds opened new Advance Auto Parts positions in Q4 2021 and 55 closed out, a net change of +75 holders.
- The largest Advance Auto Parts buyer in Q4 2021 was Melvin Capital Management, an estimated $261M added.
- The largest Advance Auto Parts seller in Q4 2021 was Eminence Capital, an estimated $99.3M sold.
Based on aggregated 13F filings for Q4 2021.