Advance Auto Parts
413 hedge funds and large institutions have $3.2B invested in Advance Auto Parts in 2023 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 129 increasing their positions, 148 reducing their positions, and 159 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more call options, than puts
Call options by funds: $379M | Put options by funds: $304M
3.66% more ownership
Funds ownership: 92.02% → 95.68% (+3.7%)
13% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 148
17% less funds holding
Funds holding: 497 → 413 (-84)
17% less capital invested
Capital invested by funds: $3.87B → $3.2B (-$663M)
51% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$204M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$130M |
| 3 |
Pzena Investment Management
New York
|
+$88.5M |
| 4 |
D.E. Shaw & Co
New York
|
+$63.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$97.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$92.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$85.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$43M |
| 5 |
State Street
Boston,
Massachusetts
|
-$36.1M |
AAP Hedge Fund Activity: Q3 2023 in Review
413 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2023, worth a combined $3.2B — down 17% from $3.87B a quarter earlier.
Sellers outnumbered buyers: 159 funds closed out of AAP and 78 opened new positions — a net loss of 81 holders — while 148 trimmed existing stakes and 129 added.
The largest buyer was BlackRock, adding an estimated $204M. The largest seller was JP Morgan Chase, cutting an estimated $97.8M.
- 413 institutional investors held Advance Auto Parts (AAP) as of Q3 2023, down from 497 in Q2 2023.
- Funds reported $3.2B of Advance Auto Parts stock for Q3 2023, down 17% quarter-over-quarter.
- 78 funds opened new Advance Auto Parts positions in Q3 2023 and 159 closed out, a net change of -81 holders.
- The largest Advance Auto Parts buyer in Q3 2023 was BlackRock, an estimated $204M added.
- The largest Advance Auto Parts seller in Q3 2023 was JP Morgan Chase, an estimated $97.8M sold.
Based on aggregated 13F filings for Q3 2023.