Asbury Automotive
ABG
307 hedge funds and large institutions have $5.45B invested in Asbury Automotive in 2023 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 83 increasing their positions, 137 reducing their positions, and 40 closing their positions.
463% more call options, than puts
Call options by funds: $65.7M | Put options by funds: $11.7M
18% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 40
10% more capital invested
Capital invested by funds: $4.94B → $5.45B (+$505M)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
2% more funds holding
Funds holding: 300 → 307 (+7)
5.32% less ownership
Funds ownership: 110.59% → 105.27% (-5.3%)
39% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$31.6M |
| 2 |
JP Morgan Chase
New York
|
+$19M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$12.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11.8M |
| 5 |
HF
HRT Financial
New York
|
+$9.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$95.3M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$37.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$21.1M |
| 5 |
Goldman Sachs
New York
|
-$20.9M |
ABG Hedge Fund Activity: Q2 2023 in Review
307 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2023, worth a combined $5.45B — up 10% from $4.94B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ABG positions and 40 closed out — a net gain of 7 holders — while 83 added to existing stakes and 137 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $31.6M. The largest seller was Envestnet Asset Management, cutting an estimated $95.3M.
- 307 institutional investors held Asbury Automotive (ABG) as of Q2 2023, up from 300 in Q1 2023.
- Funds reported $5.45B of Asbury Automotive stock for Q2 2023, up 10% quarter-over-quarter.
- 47 funds opened new Asbury Automotive positions in Q2 2023 and 40 closed out, a net change of +7 holders.
- The largest Asbury Automotive buyer in Q2 2023 was Dimensional Fund Advisors, an estimated $31.6M added.
- The largest Asbury Automotive seller in Q2 2023 was Envestnet Asset Management, an estimated $95.3M sold.
Based on aggregated 13F filings for Q2 2023.