Asbury Automotive
ABG
270 hedge funds and large institutions have $4B invested in Asbury Automotive in 2022 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 72 increasing their positions, 128 reducing their positions, and 44 closing their positions.
24% more call options, than puts
Call options by funds: $14.4M | Put options by funds: $11.6M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3.61% more ownership
Funds ownership: 103.12% → 106.73% (+3.6%)
4% more capital invested
Capital invested by funds: $3.84B → $4B (+$167M)
5% less funds holding
Funds holding: 284 → 270 (-14)
16% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 44
44% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Impactive Capital
New York City,
New York
|
+$77.9M |
| 2 |
Goldman Sachs
New York
|
+$32.8M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$31.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$24.8M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35.1M |
| 2 |
BlackRock
New York
|
-$34.4M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$19.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.1M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$17.4M |
ABG Hedge Fund Activity: Q2 2022 in Review
270 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2022, worth a combined $4B — up 4.4% from $3.84B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of ABG and 37 opened new positions — a net loss of 7 holders — while 128 trimmed existing stakes and 72 added.
The largest buyer was Impactive Capital, adding an estimated $77.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $35.1M.
- 270 institutional investors held Asbury Automotive (ABG) as of Q2 2022, down from 284 in Q1 2022.
- Funds reported $4B of Asbury Automotive stock for Q2 2022, up 4.4% quarter-over-quarter.
- 37 funds opened new Asbury Automotive positions in Q2 2022 and 44 closed out, a net change of -7 holders.
- The largest Asbury Automotive buyer in Q2 2022 was Impactive Capital, an estimated $77.9M added.
- The largest Asbury Automotive seller in Q2 2022 was T. Rowe Price Associates, an estimated $35.1M sold.
Based on aggregated 13F filings for Q2 2022.