Advance Auto Parts
366 hedge funds and large institutions have $2.54B invested in Advance Auto Parts in 2024 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 117 increasing their positions, 138 reducing their positions, and 93 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1.16% more ownership
Funds ownership: 108.62% → 109.79% (+1.2%)
9% less funds holding
Funds holding: 400 → 366 (-34)
15% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 138
33% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 93
38% less call options, than puts
Call options by funds: $197M | Put options by funds: $316M
38% less capital invested
Capital invested by funds: $4.1B → $2.54B (-$1.56B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$90M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$78.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$61.7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$46.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$94.6M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$93.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$58.7M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$49.8M |
| 5 |
Goldman Sachs
New York
|
-$33.2M |
AAP Hedge Fund Activity: Q3 2024 in Review
366 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q3 2024, worth a combined $2.54B — down 38% from $4.1B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of AAP and 62 opened new positions — a net loss of 31 holders — while 138 trimmed existing stakes and 117 added.
The largest buyer was Pzena Investment Management, adding an estimated $90M. The largest seller was Third Point, exiting entirely with an estimated $94.6M sold.
- 366 institutional investors held Advance Auto Parts (AAP) as of Q3 2024, down from 400 in Q2 2024.
- Funds reported $2.54B of Advance Auto Parts stock for Q3 2024, down 38% quarter-over-quarter.
- 62 funds opened new Advance Auto Parts positions in Q3 2024 and 93 closed out, a net change of -31 holders.
- The largest Advance Auto Parts buyer in Q3 2024 was Pzena Investment Management, an estimated $90M added.
- The largest Advance Auto Parts seller in Q3 2024 was Third Point, an estimated $94.6M sold.
Based on aggregated 13F filings for Q3 2024.