Asbury Automotive
ABG
208 hedge funds and large institutions have $2.04B invested in Asbury Automotive in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 62 increasing their positions, 75 reducing their positions, and 20 closing their positions.
105% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 20
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
27% more capital invested
Capital invested by funds: $1.6B → $2.04B (+$437M)
11% more funds holding
Funds holding: 187 → 208 (+21)
1.26% more ownership
Funds ownership: 107.21% → 108.47% (+1.3%)
17% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 75
54% less call options, than puts
Call options by funds: $8.47M | Put options by funds: $18.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
+$35.7M |
| 2 |
SCM
Simcoe Capital Management
New York
|
+$35.4M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$21.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11.8M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$29.2M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$24.6M |
| 3 |
Goldman Sachs
New York
|
-$13.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.2M |
ABG Hedge Fund Activity: Q3 2020 in Review
208 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2020, worth a combined $2.04B — up 27% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ABG positions and 20 closed out — a net gain of 21 holders — while 62 added to existing stakes and 75 trimmed.
The largest buyer was Lakewood Capital Management, adding an estimated $35.7M. The largest seller was Eminence Capital, cutting an estimated $29.2M.
- 208 institutional investors held Asbury Automotive (ABG) as of Q3 2020, up from 187 in Q2 2020.
- Funds reported $2.04B of Asbury Automotive stock for Q3 2020, up 27% quarter-over-quarter.
- 41 funds opened new Asbury Automotive positions in Q3 2020 and 20 closed out, a net change of +21 holders.
- The largest Asbury Automotive buyer in Q3 2020 was Lakewood Capital Management, an estimated $35.7M added.
- The largest Asbury Automotive seller in Q3 2020 was Eminence Capital, an estimated $29.2M sold.
Based on aggregated 13F filings for Q3 2020.