Asbury Automotive
300 hedge funds and large institutions have $4.94B invested in Asbury Automotive in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 87 increasing their positions, 115 reducing their positions, and 37 closing their positions.
410% more call options, than puts
Call options by funds: $43.8M | Put options by funds: $8.58M
78% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 37
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
16% more capital invested
Capital invested by funds: $4.24B → $4.94B (+$700M)
9% more funds holding
Funds holding: 274 → 300 (+26)
0.89% more ownership
Funds ownership: 109.69% → 110.59% (+0.89%)
24% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$96.5M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$56.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$34.7M |
| 4 |
Millennium Management
New York
|
+$31.6M |
| 5 |
Goldman Sachs
New York
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$100M |
| 2 |
Morgan Stanley
New York
|
-$68.6M |
| 3 |
IC
Impactive Capital
New York City,
New York
|
-$32.3M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$31.2M |
| 5 |
SCM
Simcoe Capital Management
New York
|
-$27.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
326
Townsend & Associates
Westminster,
Colorado
| – | -$244K | -1,051 | Closed |
|
|
PI
327
PEAK6 Investments
Chicago,
Illinois
| – | -$133K | -741 | Closed |
|
|
SWA
328
Sutton Wealth Advisors
Tampa,
Florida
| – | -$70.1K | -391 | Closed |
|
|
CMBA
329
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$38.4K | -214 | Closed |
|
|
NFSG
330
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$17.9K | -100 | Closed |
|
|
OWA
331
One Wealth Advisors
San Francisco,
California
| – | -$14.7K | -82 | Closed |
|
|
S
332
SignatureFD
Atlanta,
Georgia
| – | -$12.9K | -72 | Closed |
|
333
Rockefeller Capital Management
New York
| – | -$11K | -67 | Closed |
|
|
HFM
334
Harvest Fund Management
Beijing,
China
| – | -$8K | -42 | Closed |
|
|
QL
335
Quarry LP
New York
| – | -$5.92K | -33 | Closed |
|
|
CS
336
Comerica Securities
Detroit,
Michigan
| – | -$4.48K | -25 | Closed |
|
|
TWP
337
TFO Wealth Partners
Maumee,
Ohio
| – | -$941 | -9 | Closed |
|
ABG Hedge Fund Activity: Q1 2023 in Review
300 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2023, worth a combined $4.94B — up 16% from $4.24B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new ABG positions and 37 closed out — a net gain of 29 holders — while 87 added to existing stakes and 115 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $96.5M. The largest seller was River Road Asset Management, cutting an estimated $100M.
- 300 institutional investors held Asbury Automotive (ABG) as of Q1 2023, up from 274 in Q4 2022.
- Funds reported $4.94B of Asbury Automotive stock for Q1 2023, up 16% quarter-over-quarter.
- 66 funds opened new Asbury Automotive positions in Q1 2023 and 37 closed out, a net change of +29 holders.
- The largest Asbury Automotive buyer in Q1 2023 was Envestnet Asset Management, an estimated $96.5M added.
- The largest Asbury Automotive seller in Q1 2023 was River Road Asset Management, an estimated $100M sold.
Based on aggregated 13F filings for Q1 2023.