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Advance Auto Parts

654 hedge funds and large institutions have $8.19B invested in Advance Auto Parts in 2022 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 213 increasing their positions, 228 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 92

4% more funds holding

Funds holding: 630654 (+24)

8% more call options, than puts

Call options by funds: $205M | Put options by funds: $190M

7% less repeat investments, than reductions

Existing positions increased: 213 | Existing positions reduced: 228

1.78% less ownership

Funds ownership: 97.18%95.4% (-1.8%)

10% less capital invested

Capital invested by funds: $9.12B → $8.19B (-$934M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
654
Holders Change
+24
Holders Change %
+3.81%
% of All Funds
10.51%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
127
Increased
213
Reduced
228
Closed
92
Calls
$205M
Puts
$190M
Net Calls
+$15.4M
Net Calls Change
+$34.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.13B +$66.2M +408,935 +6%
BlackRock
2
BlackRock
New York
$606M +$4.64M +28,623 +0.7%
JP Morgan Chase
3
JP Morgan Chase
New York
$499M +$23.7M +146,570 +5%
State Street
4
State Street
Massachusetts
$398M -$8.21M -50,663 -2%
ClearBridge Investments
5
ClearBridge Investments
New York
$376M -$79.1M -488,473 -16%
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$328M -$121M -748,747 -25%
CIP
7
Champlain Investment Partners
Vermont
$231M -$1.33M -8,207 -0.5%
American Century Companies
8
American Century Companies
Missouri
$217M -$21.2M -130,748 -8%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$187M +$787K +4,859 +0.4%
Millennium Management
10
Millennium Management
New York
$174M +$71.4M +440,986 +60%
Artisan Partners
11
Artisan Partners
Wisconsin
$161M -$68M -419,768 -28%
Bank of America
12
Bank of America
North Carolina
$159M -$15.5M -95,822 -8%
Morgan Stanley
13
Morgan Stanley
New York
$132M +$9.07M +55,985 +7%
Invesco
14
Invesco
Georgia
$121M +$18.4M +113,904 +16%
RRAM
15
River Road Asset Management
Kentucky
$120M -$16.3M -100,431 -11%
SI
16
Scharf Investments
California
$106M -$4.63M -28,579 -4%
Northern Trust
17
Northern Trust
Illinois
$101M -$2.16M -13,320 -2%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$97.6M -$22.7M -140,035 -17%
Norges Bank
19
Norges Bank
Norway
$97.2M +$12.1M +74,912 +13%
Alyeska Investment Group
20
Alyeska Investment Group
Illinois
$86.6M +$95.4M +588,893 New
Citadel Advisors
21
Citadel Advisors
Florida
$77.6M +$32.4M +199,823 +61%
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$75M +$5.36M +33,076 +7%
Charles Schwab
23
Charles Schwab
California
$73.1M +$3.05M +18,854 +4%
Legal & General Group
24
Legal & General Group
United Kingdom
$73M -$5.83M -36,012 -7%
Marshall Wace
25
Marshall Wace
United Kingdom
$70.6M +$61.6M +380,062 +379%

AAP Hedge Fund Activity: Q4 2022 in Review

654 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2022, worth a combined $8.19B — down 10% from $9.12B a quarter earlier.

Buyers outnumbered sellers: 127 funds opened new AAP positions and 92 closed out — a net gain of 35 holders — while 213 added to existing stakes and 228 trimmed.

The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $95.4M. The largest seller was Nuveen, cutting an estimated $147M.

  • 654 institutional investors held Advance Auto Parts (AAP) as of Q4 2022, up from 630 in Q3 2022.
  • Funds reported $8.19B of Advance Auto Parts stock for Q4 2022, down 10% quarter-over-quarter.
  • 127 funds opened new Advance Auto Parts positions in Q4 2022 and 92 closed out, a net change of +35 holders.
  • The largest Advance Auto Parts buyer in Q4 2022 was Alyeska Investment Group, an estimated $95.4M added.
  • The largest Advance Auto Parts seller in Q4 2022 was Nuveen, an estimated $147M sold.

Based on aggregated 13F filings for Q4 2022.