Advance Auto Parts
669 hedge funds and large institutions have $12.8B invested in Advance Auto Parts in 2022 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 244 increasing their positions, 232 reducing their positions, and 76 closing their positions.
24% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 76
3.91% more ownership
Funds ownership: 97.19% → 101.1% (+3.9%)
2% more funds holding
Funds holding: 658 → 669 (+11)
5% more repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 232
12% less capital invested
Capital invested by funds: $14.5B → $12.8B (-$1.75B)
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
36% less call options, than puts
Call options by funds: $68.5M | Put options by funds: $108M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$121M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$88.9M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$72.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$70.7M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$172M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$54.8M |
| 3 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$52.8M |
| 4 |
BlackRock
New York
|
-$47.4M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$32.9M |
AAP Hedge Fund Activity: Q1 2022 in Review
669 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2022, worth a combined $12.8B — down 12% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new AAP positions and 76 closed out — a net gain of 18 holders — while 244 added to existing stakes and 232 trimmed.
The largest buyer was Millennium Management, adding an estimated $121M. The largest seller was Melvin Capital Management, cutting an estimated $172M.
- 669 institutional investors held Advance Auto Parts (AAP) as of Q1 2022, up from 658 in Q4 2021.
- Funds reported $12.8B of Advance Auto Parts stock for Q1 2022, down 12% quarter-over-quarter.
- 94 funds opened new Advance Auto Parts positions in Q1 2022 and 76 closed out, a net change of +18 holders.
- The largest Advance Auto Parts buyer in Q1 2022 was Millennium Management, an estimated $121M added.
- The largest Advance Auto Parts seller in Q1 2022 was Melvin Capital Management, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2022.