Advance Auto Parts
362 hedge funds and large institutions have $3.42B invested in Advance Auto Parts in 2024 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 120 increasing their positions, 113 reducing their positions, and 71 closing their positions.
35% more capital invested
Capital invested by funds: $2.54B → $3.42B (+$882M)
11.83% more ownership
Funds ownership: 109.79% → 121.62% (+12%)
6% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 113
6% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 71
4% more call options, than puts
Call options by funds: $263M | Put options by funds: $252M
1% less funds holding
Funds holding: 366 → 362 (-4)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$75.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$69.5M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$64.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$53.1M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$50.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.8M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$67.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$19.8M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$18.3M |
AAP Hedge Fund Activity: Q4 2024 in Review
362 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Advance Auto Parts (AAP) for Q4 2024, worth a combined $3.42B — up 35% from $2.54B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new AAP positions and 71 closed out — a net gain of 4 holders — while 120 added to existing stakes and 113 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $75.1M. The largest seller was Fidelity Investments, cutting an estimated $70.8M.
- 362 institutional investors held Advance Auto Parts (AAP) as of Q4 2024, down from 366 in Q3 2024.
- Funds reported $3.42B of Advance Auto Parts stock for Q4 2024, up 35% quarter-over-quarter.
- 75 funds opened new Advance Auto Parts positions in Q4 2024 and 71 closed out, a net change of +4 holders.
- The largest Advance Auto Parts buyer in Q4 2024 was Eminence Capital, an estimated $75.1M added.
- The largest Advance Auto Parts seller in Q4 2024 was Fidelity Investments, an estimated $70.8M sold.
Based on aggregated 13F filings for Q4 2024.