Asbury Automotive
182 hedge funds and large institutions have $2.08B invested in Asbury Automotive in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 61 reducing their positions, and 21 closing their positions.
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
20% more capital invested
Capital invested by funds: $1.73B → $2.08B (+$353M)
6% more funds holding
Funds holding: 172 → 182 (+10)
0.14% more ownership
Funds ownership: 104.94% → 105.07% (+0.14%)
4% less call options, than puts
Call options by funds: $2.31M | Put options by funds: $2.42M
8% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$21.4M |
| 2 |
Goldman Sachs
New York
|
+$11.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.93M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$8.31M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$37.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$19.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$7.97M |
| 4 |
BlackRock
New York
|
-$6.4M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$4.8M |
ABG Hedge Fund Activity: Q3 2019 in Review
182 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2019, worth a combined $2.08B — up 20% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ABG positions and 21 closed out — a net gain of 10 holders — while 56 added to existing stakes and 61 trimmed.
The largest buyer was Robeco Institutional Asset Management, opening a new position worth an estimated $21.4M. The largest seller was Victory Capital Management, cutting an estimated $37.6M.
- 182 institutional investors held Asbury Automotive (ABG) as of Q3 2019, up from 172 in Q2 2019.
- Funds reported $2.08B of Asbury Automotive stock for Q3 2019, up 20% quarter-over-quarter.
- 31 funds opened new Asbury Automotive positions in Q3 2019 and 21 closed out, a net change of +10 holders.
- The largest Asbury Automotive buyer in Q3 2019 was Robeco Institutional Asset Management, an estimated $21.4M added.
- The largest Asbury Automotive seller in Q3 2019 was Victory Capital Management, an estimated $37.6M sold.
Based on aggregated 13F filings for Q3 2019.