Advance Auto Parts
400 hedge funds and large institutions have $4.1B invested in Advance Auto Parts in 2024 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 129 increasing their positions, 131 reducing their positions, and 68 closing their positions.
82% more call options, than puts
Call options by funds: $359M | Put options by funds: $197M
4.99% more ownership
Funds ownership: 103.63% → 108.62% (+5%)
2% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 131
6% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 68
2% less funds holding
Funds holding: 409 → 400 (-9)
22% less capital invested
Capital invested by funds: $5.25B → $4.1B (-$1.15B)
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$116M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$95M |
| 3 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$55M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$47.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$113M |
| 2 |
Millennium Management
New York
|
-$56M |
| 3 |
Squarepoint
New York
|
-$34.2M |
| 4 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$31.1M |
| 5 |
Morgan Stanley
New York
|
-$28.7M |
AAP Hedge Fund Activity: Q2 2024 in Review
400 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q2 2024, worth a combined $4.1B — down 22% from $5.25B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of AAP and 64 opened new positions — a net loss of 4 holders — while 131 trimmed existing stakes and 129 added.
The largest buyer was Fidelity Investments, adding an estimated $116M. The largest seller was D.E. Shaw & Co, cutting an estimated $113M.
- 400 institutional investors held Advance Auto Parts (AAP) as of Q2 2024, down from 409 in Q1 2024.
- Funds reported $4.1B of Advance Auto Parts stock for Q2 2024, down 22% quarter-over-quarter.
- 64 funds opened new Advance Auto Parts positions in Q2 2024 and 68 closed out, a net change of -4 holders.
- The largest Advance Auto Parts buyer in Q2 2024 was Fidelity Investments, an estimated $116M added.
- The largest Advance Auto Parts seller in Q2 2024 was D.E. Shaw & Co, an estimated $113M sold.
Based on aggregated 13F filings for Q2 2024.