Asbury Automotive
ABG
313 hedge funds and large institutions have $5.16B invested in Asbury Automotive in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 98 increasing their positions, 139 reducing their positions, and 27 closing their positions.
152% more call options, than puts
Call options by funds: $78M | Put options by funds: $30.9M
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
3.66% more ownership
Funds ownership: 105.27% → 108.93% (+3.7%)
2% more funds holding
Funds holding: 307 → 313 (+6)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
5% less capital invested
Capital invested by funds: $5.45B → $5.16B (-$286M)
29% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$24.8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$22.4M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$13M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$12.1M |
| 5 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$9.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$42.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$34M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.7M |
| 4 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$17.1M |
| 5 |
IC
Impactive Capital
New York City,
New York
|
-$12.9M |
ABG Hedge Fund Activity: Q3 2023 in Review
313 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2023, worth a combined $5.16B — down 5.3% from $5.45B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new ABG positions and 27 closed out — a net gain of 11 holders — while 98 added to existing stakes and 139 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $24.8M. The largest seller was BlackRock, cutting an estimated $42.6M.
- 313 institutional investors held Asbury Automotive (ABG) as of Q3 2023, up from 307 in Q2 2023.
- Funds reported $5.16B of Asbury Automotive stock for Q3 2023, down 5.3% quarter-over-quarter.
- 38 funds opened new Asbury Automotive positions in Q3 2023 and 27 closed out, a net change of +11 holders.
- The largest Asbury Automotive buyer in Q3 2023 was Schroder Investment Management Group, an estimated $24.8M added.
- The largest Asbury Automotive seller in Q3 2023 was BlackRock, an estimated $42.6M sold.
Based on aggregated 13F filings for Q3 2023.