Advance Auto Parts
613 hedge funds and large institutions have $6.74B invested in Advance Auto Parts in 2023 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 225 increasing their positions, 219 reducing their positions, and 107 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 219
2.41% less ownership
Funds ownership: 95.4% → 92.99% (-2.4%)
6% less funds holding
Funds holding: 654 → 613 (-41)
12% less call options, than puts
Call options by funds: $189M | Put options by funds: $214M
18% less capital invested
Capital invested by funds: $8.19B → $6.74B (-$1.45B)
27% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 107
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$122M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$112M |
| 3 |
State Street
Boston,
Massachusetts
|
+$106M |
| 4 |
Squarepoint
New York
|
+$67M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$330M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$328M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$69.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$57.2M |
| 5 |
Amundi
Paris,
France
|
-$56.6M |
AAP Hedge Fund Activity: Q1 2023 in Review
613 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2023, worth a combined $6.74B — down 18% from $8.19B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of AAP and 78 opened new positions — a net loss of 29 holders — while 219 trimmed existing stakes and 225 added.
The largest buyer was Charles Schwab, adding an estimated $122M. The largest seller was ClearBridge Investments, cutting an estimated $330M.
- 613 institutional investors held Advance Auto Parts (AAP) as of Q1 2023, down from 654 in Q4 2022.
- Funds reported $6.74B of Advance Auto Parts stock for Q1 2023, down 18% quarter-over-quarter.
- 78 funds opened new Advance Auto Parts positions in Q1 2023 and 107 closed out, a net change of -29 holders.
- The largest Advance Auto Parts buyer in Q1 2023 was Charles Schwab, an estimated $122M added.
- The largest Advance Auto Parts seller in Q1 2023 was ClearBridge Investments, an estimated $330M sold.
Based on aggregated 13F filings for Q1 2023.