Advance Auto Parts
630 hedge funds and large institutions have $9.14B invested in Advance Auto Parts in 2022 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 230 increasing their positions, 242 reducing their positions, and 83 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
5% less repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 242
2.52% less ownership
Funds ownership: 99.68% → 97.16% (-2.5%)
5% less funds holding
Funds holding: 663 → 630 (-33)
13% less capital invested
Capital invested by funds: $10.5B → $9.14B (-$1.32B)
14% less call options, than puts
Call options by funds: $115M | Put options by funds: $134M
29% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$112M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$85.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$50.8M |
| 4 |
Amundi
Paris,
France
|
+$37.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$110M |
| 2 |
Neuberger Berman Group
New York
|
-$100M |
| 3 |
Millennium Management
New York
|
-$94.9M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$82.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$62.6M |
AAP Hedge Fund Activity: Q3 2022 in Review
630 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2022, worth a combined $9.14B — down 13% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of AAP and 59 opened new positions — a net loss of 24 holders — while 242 trimmed existing stakes and 230 added.
The largest buyer was JP Morgan Chase, adding an estimated $112M. The largest seller was Adage Capital Partners, cutting an estimated $110M.
- 630 institutional investors held Advance Auto Parts (AAP) as of Q3 2022, down from 663 in Q2 2022.
- Funds reported $9.14B of Advance Auto Parts stock for Q3 2022, down 13% quarter-over-quarter.
- 59 funds opened new Advance Auto Parts positions in Q3 2022 and 83 closed out, a net change of -24 holders.
- The largest Advance Auto Parts buyer in Q3 2022 was JP Morgan Chase, an estimated $112M added.
- The largest Advance Auto Parts seller in Q3 2022 was Adage Capital Partners, an estimated $110M sold.
Based on aggregated 13F filings for Q3 2022.