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Advance Auto Parts

662 hedge funds and large institutions have $10.4B invested in Advance Auto Parts in 2022 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 230 increasing their positions, 242 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 83

1% less funds holding

Funds holding: 668662 (-6)

5% less repeat investments, than reductions

Existing positions increased: 230 | Existing positions reduced: 242

1.44% less ownership

Funds ownership: 101.12%99.68% (-1.4%)

18% less capital invested

Capital invested by funds: $12.8B → $10.4B (-$2.33B)

25% less call options, than puts

Call options by funds: $118M | Put options by funds: $157M

44% less funds holding in top 10

Funds holding in top 10: 95 (-4)

Holders
662
Holders Change
-6
Holders Change %
-0.9%
% of All Funds
11.15%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.08%
New
88
Increased
230
Reduced
242
Closed
83
Calls
$118M
Puts
$157M
Net Calls
-$39.4M
Net Calls Change
-$327K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.21B +$8.53M +43,009 +0.6%
BlackRock
2
BlackRock
New York
$710M -$54.9M -276,994 -6%
ClearBridge Investments
3
ClearBridge Investments
New York
$551M -$25.8M -130,096 -4%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$537M -$60.3M -303,870 -9%
State Street
5
State Street
Massachusetts
$482M -$22M -110,963 -4%
JP Morgan Chase
6
JP Morgan Chase
New York
$456M +$95.7M +482,858 +22%
American Century Companies
7
American Century Companies
Missouri
$292M +$2.17M +10,961 +0.7%
CIP
8
Champlain Investment Partners
Vermont
$280M -$5.43M -27,407 -2%
Artisan Partners
9
Artisan Partners
Wisconsin
$263M -$5.66M -28,566 -2%
Millennium Management
10
Millennium Management
New York
$218M +$118M +594,605 +89%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$216M +$8.68M +43,781 +4%
Bank of America
12
Bank of America
North Carolina
$215M +$48.7M +245,441 +25%
N
13
Nuveen
North Carolina
$214M +$201M +1,011,612 +452%
RRAM
14
River Road Asset Management
Kentucky
$160M -$25.6M -128,866 -12%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$145M +$4.65M +23,469 +3%
SI
16
Scharf Investments
California
$142M -$1.79M -9,041 -1%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$142M +$82.3K +415 +0.1%
Morgan Stanley
18
Morgan Stanley
New York
$140M +$55M +277,566 +52%
Bessemer Group
19
Bessemer Group
New Jersey
$133M -$22.9M -115,298 -13%
Invesco
20
Invesco
Georgia
$127M -$56M -282,594 -28%
Northern Trust
21
Northern Trust
Illinois
$124M -$4.03M -20,314 -3%
Adage Capital Partners
22
Adage Capital Partners
Massachusetts
$115M +$69.6M +351,195 +112%
CVA
23
Ceredex Value Advisors
Florida
$111M +$83.5M +420,878 +197%
Norges Bank
24
Norges Bank
Norway
$101M -$3.65M -18,414 -3%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$100M -$48.1M -242,443 -29%

AAP Hedge Fund Activity: Q2 2022 in Review

662 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q2 2022, worth a combined $10.4B — down 18% from $12.8B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new AAP positions and 83 closed out — a net gain of 5 holders — while 230 added to existing stakes and 242 trimmed.

The largest buyer was Nuveen, adding an estimated $201M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $131M.

  • 662 institutional investors held Advance Auto Parts (AAP) as of Q2 2022, down from 668 in Q1 2022.
  • Funds reported $10.4B of Advance Auto Parts stock for Q2 2022, down 18% quarter-over-quarter.
  • 88 funds opened new Advance Auto Parts positions in Q2 2022 and 83 closed out, a net change of +5 holders.
  • The largest Advance Auto Parts buyer in Q2 2022 was Nuveen, an estimated $201M added.
  • The largest Advance Auto Parts seller in Q2 2022 was Robeco Institutional Asset Management, an estimated $131M sold.

Based on aggregated 13F filings for Q2 2022.