Asbury Automotive
301 hedge funds and large institutions have $4.93B invested in Asbury Automotive in 2024 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 106 increasing their positions, 109 reducing their positions, and 51 closing their positions.
363% more call options, than puts
Call options by funds: $65.5M | Put options by funds: $14.2M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.9% more ownership
Funds ownership: 106.72% → 107.62% (+0.9%)
3% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 109
4% less capital invested
Capital invested by funds: $5.11B → $4.93B (-$185M)
4% less funds holding
Funds holding: 312 → 301 (-11)
16% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
+$124M |
| 2 |
JP Morgan Chase
New York
|
+$39.4M |
| 3 |
EC
Eminence Capital
New York
|
+$33.2M |
| 4 |
AI
Advent International
Boston,
Massachusetts
|
+$30.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$103M |
| 2 |
BlackRock
New York
|
-$31.1M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$27.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.3M |
| 5 |
Neuberger Berman Group
New York
|
-$15.5M |
ABG Hedge Fund Activity: Q2 2024 in Review
301 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2024, worth a combined $4.93B — down 3.6% from $5.11B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of ABG and 43 opened new positions — a net loss of 8 holders — while 109 trimmed existing stakes and 106 added.
The largest buyer was Timucuan Asset Management, opening a new position worth an estimated $124M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $103M sold.
- 301 institutional investors held Asbury Automotive (ABG) as of Q2 2024, down from 312 in Q1 2024.
- Funds reported $4.93B of Asbury Automotive stock for Q2 2024, down 3.6% quarter-over-quarter.
- 43 funds opened new Asbury Automotive positions in Q2 2024 and 51 closed out, a net change of -8 holders.
- The largest Asbury Automotive buyer in Q2 2024 was Timucuan Asset Management, an estimated $124M added.
- The largest Asbury Automotive seller in Q2 2024 was Capital Research Global Investors, an estimated $103M sold.
Based on aggregated 13F filings for Q2 2024.