Asbury Automotive
ABG
313 hedge funds and large institutions have $4.98B invested in Asbury Automotive in 2023 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 94 increasing their positions, 119 reducing their positions, and 51 closing their positions.
434% more call options, than puts
Call options by funds: $47.8M | Put options by funds: $8.95M
16% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 51
0% more funds holding
Funds holding: 313 → 313 (0)
3% less capital invested
Capital invested by funds: $5.16B → $4.98B (-$176M)
1.3% less ownership
Funds ownership: 108.93% → 107.63% (-1.3%)
21% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 119
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$64.7M |
| 2 |
BlackRock
New York
|
+$22.5M |
| 3 |
EC
Eminence Capital
New York
|
+$14.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13.9M |
| 5 |
JP Morgan Chase
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$107M |
| 2 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$23.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.9M |
| 4 |
Goldman Sachs
New York
|
-$15.9M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$12.2M |
ABG Hedge Fund Activity: Q4 2023 in Review
313 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q4 2023, worth a combined $4.98B — down 3.4% from $5.16B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new ABG positions and 51 closed out — a net gain of 8 holders — while 94 added to existing stakes and 119 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $64.7M. The largest seller was Congress Asset Management, cutting an estimated $107M.
- 313 institutional investors held Asbury Automotive (ABG) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $4.98B of Asbury Automotive stock for Q4 2023, down 3.4% quarter-over-quarter.
- 59 funds opened new Asbury Automotive positions in Q4 2023 and 51 closed out, a net change of +8 holders.
- The largest Asbury Automotive buyer in Q4 2023 was Morgan Stanley, an estimated $64.7M added.
- The largest Asbury Automotive seller in Q4 2023 was Congress Asset Management, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2023.