Asbury Automotive
ABG
255 hedge funds and large institutions have $4.01B invested in Asbury Automotive in 2021 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 88 increasing their positions, 85 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
24% more call options, than puts
Call options by funds: $9.1M | Put options by funds: $7.32M
15% more capital invested
Capital invested by funds: $3.48B → $4.01B (+$528M)
5% more funds holding
Funds holding: 242 → 255 (+13)
4% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 85
0.23% more ownership
Funds ownership: 105.18% → 105.4% (+0.23%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$27.2M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$17M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$14.4M |
| 4 |
Millennium Management
New York
|
+$12M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$41.7M |
| 2 |
Morgan Stanley
New York
|
-$18.2M |
| 3 |
Neuberger Berman Group
New York
|
-$13.9M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$9.28M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.01M |
ABG Hedge Fund Activity: Q3 2021 in Review
255 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2021, worth a combined $4.01B — up 15% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ABG positions and 21 closed out — a net gain of 15 holders — while 88 added to existing stakes and 85 trimmed.
The largest buyer was Channing Capital Management, adding an estimated $27.2M. The largest seller was Victory Capital Management, cutting an estimated $41.7M.
- 255 institutional investors held Asbury Automotive (ABG) as of Q3 2021, up from 242 in Q2 2021.
- Funds reported $4.01B of Asbury Automotive stock for Q3 2021, up 15% quarter-over-quarter.
- 36 funds opened new Asbury Automotive positions in Q3 2021 and 21 closed out, a net change of +15 holders.
- The largest Asbury Automotive buyer in Q3 2021 was Channing Capital Management, an estimated $27.2M added.
- The largest Asbury Automotive seller in Q3 2021 was Victory Capital Management, an estimated $41.7M sold.
Based on aggregated 13F filings for Q3 2021.