Asbury Automotive
166 hedge funds and large institutions have $2.08B invested in Asbury Automotive in 2014 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 34 increasing their positions, 73 reducing their positions, and 31 closing their positions.
68% more call options, than puts
Call options by funds: $7.13M | Put options by funds: $4.23M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
24% more capital invested
Capital invested by funds: $1.67B → $2.08B (+$408M)
6% more funds holding
Funds holding: 156 → 166 (+10)
0.57% more ownership
Funds ownership: 98.15% → 98.72% (+0.57%)
53% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$56.9M |
| 2 |
LCM
LionEye Capital Management
New York
|
+$54.9M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$22.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
-$28.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.3M |
| 3 |
JP Morgan Chase
New York
|
-$23.3M |
| 4 |
MC
MSD Capital
New York
|
-$12.4M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$12.3M |
ABG Hedge Fund Activity: Q2 2014 in Review
166 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2014, worth a combined $2.08B — up 24% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ABG positions and 31 closed out — a net gain of 10 holders — while 34 added to existing stakes and 73 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $56.9M. The largest seller was Ancient Art, exiting entirely with an estimated $28.2M sold.
- 166 institutional investors held Asbury Automotive (ABG) as of Q2 2014, up from 156 in Q1 2014.
- Funds reported $2.08B of Asbury Automotive stock for Q2 2014, up 24% quarter-over-quarter.
- 41 funds opened new Asbury Automotive positions in Q2 2014 and 31 closed out, a net change of +10 holders.
- The largest Asbury Automotive buyer in Q2 2014 was Glenview Capital Management, an estimated $56.9M added.
- The largest Asbury Automotive seller in Q2 2014 was Ancient Art, an estimated $28.2M sold.
Based on aggregated 13F filings for Q2 2014.