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Asbury Automotive
ABG

313 hedge funds and large institutions have $5.16B invested in Asbury Automotive in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 98 increasing their positions, 139 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more call options, than puts

Call options by funds: $78M | Put options by funds: $30.9M

41% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 27

3.66% more ownership

Funds ownership: 105.27% → 108.93% (+3.7%)

2% more funds holding

Funds holding: 307 → 313 (+6)

0% more funds holding in top 10

Funds holding in top 10: 12 → 12 (0)

5% less capital invested

Capital invested by funds: $5.45B → $5.16B (-$286M)

29% less repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 139

Holders
313
Holders Change
+6
Holders Change %
+1.95%
% of All Funds
4.97%
Holding in Top 10
12
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.19%
New
38
Increased
98
Reduced
139
Closed
27
Calls
$78M
Puts
$30.9M
Net Calls
+$47.1M
Net Calls Change
-$6.98M

Top Buyers

1
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$24.8M
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$22.4M
3
HHAM
HITE Hedge Asset Management
Massachusetts
+$13M
4
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$12.1M
5
KCM
Kensico Capital Management
Connecticut
+$9.98M

Top Sellers

1
BlackRock
BlackRock
New York
-$42.6M
2
Victory Capital Management
Victory Capital Management
Texas
-$34M
3
Vanguard Group
Vanguard Group
Pennsylvania
-$24.7M
4
MG
Magnolia Group
Nebraska
-$17.1M
5
IC
Impactive Capital
New York
-$12.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
SCC
76
Steel Canyon Capital
Arizona
$5.65M +$112K +490 +2%
First Trust Advisors
77
First Trust Advisors
Illinois
$5.63M -$578K -2,532 -9%
Canada Life
78
Canada Life
Manitoba, Canada
$5.16M -$220K -961 -4%
California State Teachers Retirement System (CalSTRS)
79
California State Teachers Retirement System (CalSTRS)
California
$5.03M -$615K -2,694 -11%
Renaissance Technologies
80
Renaissance Technologies
New York
$4.92M +$4.89M +21,400 New
Natixis Advisors
81
Natixis Advisors
Massachusetts
$4.91M -$1.09M -4,763 -18%
PP
82
PDT Partners
New York
$4.9M +$4.87M +21,305 New
CFM
83
Coronation Fund Managers
South Africa
$4.74M -$466K -2,041 -9%
Thrivent Financial for Lutherans
84
Thrivent Financial for Lutherans
Minnesota
$4.33M -$406K -1,778 -9%
Jane Street
85
Jane Street
New York
$4.32M +$1.06M +4,655 +33%
Victory Capital Management
86
Victory Capital Management
Texas
$4.23M -$34M -148,795 -89%
Qube Research & Technologies (QRT)
87
Qube Research & Technologies (QRT)
United Kingdom
$4.18M +$4.15M +18,188 New
TPSF
88
Texas Permanent School Fund
Texas
$4.02M -$254K -1,110 -6%
US Bancorp
89
US Bancorp
Minnesota
$3.85M -$515K -2,256 -12%
AG
90
Algert Global
California
$3.82M +$1.2M +5,243 +46%
Russell Investments Group
91
Russell Investments Group
United Kingdom
$3.79M +$1.46M +6,392 +63%
Wells Fargo
92
Wells Fargo
California
$3.78M -$1.03M -4,491 -21%
VOYA Investment Management
93
VOYA Investment Management
Georgia
$3.55M -$87K -381 -2%
LCM
94
LRT Capital Management
Texas
$3.54M +$486K +2,127 +16%
VanEck Associates
95
VanEck Associates
New York
$3.53M +$1.79M +7,843 +105%
Janney Montgomery Scott
96
Janney Montgomery Scott
Pennsylvania
$3.44M +$187K +819 +6%
New York State Teachers Retirement System (NYSTRS)
97
New York State Teachers Retirement System (NYSTRS)
New York
$3.26M -$189K -827 -6%
ECM
98
ExodusPoint Capital Management
New York
$3.2M +$946K +4,141 +42%
COPPSERS
99
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$3.16M -$2.42M -10,586 -43%
Mirae Asset Global Investments
100
Mirae Asset Global Investments
South Korea
$3.08M -$1.02M -4,453 -25%
2 3
4
5 6

ABG Hedge Fund Activity: Q3 2023 in Review

313 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2023, worth a combined $5.16B — down 5.3% from $5.45B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new ABG positions and 27 closed out — a net gain of 11 holders — while 98 added to existing stakes and 139 trimmed.

The largest buyer was Schroder Investment Management Group, adding an estimated $24.8M. The largest seller was BlackRock, cutting an estimated $42.6M.

  • 313 institutional investors held Asbury Automotive (ABG) as of Q3 2023, up from 307 in Q2 2023.
  • Funds reported $5.16B of Asbury Automotive stock for Q3 2023, down 5.3% quarter-over-quarter.
  • 38 funds opened new Asbury Automotive positions in Q3 2023 and 27 closed out, a net change of +11 holders.
  • The largest Asbury Automotive buyer in Q3 2023 was Schroder Investment Management Group, an estimated $24.8M added.
  • The largest Asbury Automotive seller in Q3 2023 was BlackRock, an estimated $42.6M sold.

Based on aggregated 13F filings for Q3 2023.