Advance Auto Parts
409 hedge funds and large institutions have $5.25B invested in Advance Auto Parts in 2024 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 127 increasing their positions, 129 reducing their positions, and 55 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 2 → 10 (+8)
67% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 55
44% more capital invested
Capital invested by funds: $3.66B → $5.25B (+$1.59B)
9% more funds holding
Funds holding: 374 → 409 (+35)
2.89% more ownership
Funds ownership: 100.75% → 103.63% (+2.9%)
2% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 129
24% less call options, than puts
Call options by funds: $418M | Put options by funds: $554M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$178M |
| 2 |
TP
Third Point
New York
|
+$104M |
| 3 |
Millennium Management
New York
|
+$60.3M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$45.1M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$116M |
| 2 |
D.E. Shaw & Co
New York
|
-$78.8M |
| 3 |
Two Sigma Investments
New York
|
-$70M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$60.7M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$46.7M |
AAP Hedge Fund Activity: Q1 2024 in Review
409 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q1 2024, worth a combined $5.25B — up 44% from $3.66B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new AAP positions and 55 closed out — a net gain of 37 holders — while 127 added to existing stakes and 129 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $178M. The largest seller was Squarepoint, cutting an estimated $116M.
- 409 institutional investors held Advance Auto Parts (AAP) as of Q1 2024, up from 374 in Q4 2023.
- Funds reported $5.25B of Advance Auto Parts stock for Q1 2024, up 44% quarter-over-quarter.
- 92 funds opened new Advance Auto Parts positions in Q1 2024 and 55 closed out, a net change of +37 holders.
- The largest Advance Auto Parts buyer in Q1 2024 was Fidelity Investments, an estimated $178M added.
- The largest Advance Auto Parts seller in Q1 2024 was Squarepoint, an estimated $116M sold.
Based on aggregated 13F filings for Q1 2024.