Asbury Automotive
ABG
208 hedge funds and large institutions have $4.02B invested in Asbury Automotive in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 89 reducing their positions, and 31 closing their positions.
55% more call options, than puts
Call options by funds: $7.42M | Put options by funds: $4.78M
33% more capital invested
Capital invested by funds: $3.01B → $4.02B (+$1.01B)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
1.31% less ownership
Funds ownership: 107.17% → 105.85% (-1.3%)
1% less funds holding
Funds holding: 211 → 208 (-3)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
37% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$68.6M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$40.3M |
| 3 |
SCM
Simcoe Capital Management
New York
|
+$29.6M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$26.3M |
| 5 |
BlackRock
New York
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$62.3M |
| 2 |
LCM
Lakewood Capital Management
New York
|
-$32.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$29.4M |
| 4 |
Goldman Sachs
New York
|
-$21.8M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$20.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
226
Quantbot Technologies
New York
| – | -$318K | -2,186 | Closed |
|
|
HF
227
HRT Financial
New York
| – | -$222K | -1,525 | Closed |
|
228
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$136K | -935 | Closed |
|
229
Group One Trading
Chicago,
Illinois
| – | -$129K | -764 | Closed |
|
|
FTDI
230
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$108K | -744 | Closed |
|
|
VCG
231
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$34K | -231 | Closed |
|
|
PWPS
232
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$19K | -127 | Closed |
|
|
FMP
233
Financial Management Professionals
Austin,
Texas
| – | -$12K | -83 | Closed |
|
|
CCA
234
Childress Capital Advisors
Houston,
Texas
| – | -$6K | -38 | Closed |
|
|
DA
235
Denali Advisors
San Diego,
California
| – | -$1K | -5 | Closed |
|
|
PFO
236
Pathstone Family Office
Englewood,
New Jersey
| – | -$1K | -4 | Closed |
|
ABG Hedge Fund Activity: Q1 2021 in Review
208 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2021, worth a combined $4.02B — up 33% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ABG and 30 opened new positions — a net loss of 1 holder — while 89 trimmed existing stakes and 56 added.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $68.6M. The largest seller was Morgan Stanley, cutting an estimated $62.3M.
- 208 institutional investors held Asbury Automotive (ABG) as of Q1 2021, down from 211 in Q4 2020.
- Funds reported $4.02B of Asbury Automotive stock for Q1 2021, up 33% quarter-over-quarter.
- 30 funds opened new Asbury Automotive positions in Q1 2021 and 31 closed out, a net change of -1 holder.
- The largest Asbury Automotive buyer in Q1 2021 was Congress Asset Management, an estimated $68.6M added.
- The largest Asbury Automotive seller in Q1 2021 was Morgan Stanley, an estimated $62.3M sold.
Based on aggregated 13F filings for Q1 2021.