Asbury Automotive
242 hedge funds and large institutions have $3.48B invested in Asbury Automotive in 2021 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 72 increasing their positions, 86 reducing their positions, and 20 closing their positions.
170% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 20
16% more funds holding
Funds holding: 208 → 242 (+34)
0.68% less ownership
Funds ownership: 105.85% → 105.18% (-0.68%)
13% less capital invested
Capital invested by funds: $4.02B → $3.48B (-$535M)
16% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 86
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
49% less call options, than puts
Call options by funds: $4.04M | Put options by funds: $8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$62.5M |
| 2 |
IC
Impactive Capital
New York City,
New York
|
+$34.1M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$34M |
| 4 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$31.7M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$108M |
| 2 |
LCM
Lakewood Capital Management
New York
|
-$29M |
| 3 |
BlackRock
New York
|
-$22.6M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$22.5M |
| 5 |
Morgan Stanley
New York
|
-$19.7M |
ABG Hedge Fund Activity: Q2 2021 in Review
242 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2021, worth a combined $3.48B — down 13% from $4.02B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new ABG positions and 20 closed out — a net gain of 34 holders — while 72 added to existing stakes and 86 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $62.5M. The largest seller was Macquarie Group, cutting an estimated $108M.
- 242 institutional investors held Asbury Automotive (ABG) as of Q2 2021, up from 208 in Q1 2021.
- Funds reported $3.48B of Asbury Automotive stock for Q2 2021, down 13% quarter-over-quarter.
- 54 funds opened new Asbury Automotive positions in Q2 2021 and 20 closed out, a net change of +34 holders.
- The largest Asbury Automotive buyer in Q2 2021 was Capital Research Global Investors, an estimated $62.5M added.
- The largest Asbury Automotive seller in Q2 2021 was Macquarie Group, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2021.