Asbury Automotive
160 hedge funds and large institutions have $1.99B invested in Asbury Automotive in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 56 increasing their positions, 60 reducing their positions, and 30 closing their positions.
2.97% more ownership
Funds ownership: 98.72% → 101.69% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less capital invested
Capital invested by funds: $2.08B → $1.99B (-$94.2M)
7% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 60
4% less funds holding
Funds holding: 166 → 160 (-6)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
33% less call options, than puts
Call options by funds: $20.8M | Put options by funds: $31.1M
Top Buyers
| 1 |
LCM
LionEye Capital Management
New York
|
+$42.4M |
| 2 |
GCM
Glenview Capital Management
New York
|
+$36.8M |
| 3 |
SCM
SAB Capital Management
New York
|
+$30.7M |
| 4 |
AC
Amici Capital
New York
|
+$21.6M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$15.8M |
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$24.5M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$21.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$18.4M |
| 5 |
EC
Eminence Capital
New York
|
-$13.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
176
Zacks Investment Management
Chicago,
Illinois
| – | -$495K | -7,206 | Closed |
|
177
Point72 Asset Management
Stamford,
Connecticut
| – | -$495K | -7,200 | Closed |
|
178
Credit Agricole
Montrouge Cedex,
France
| – | -$490K | -7,133 | Closed |
|
|
PP
179
Paloma Partners
Greenwich,
Connecticut
| – | -$367K | -5,335 | Closed |
|
180
D.E. Shaw & Co
New York
| – | -$307K | -4,442 | Closed |
|
|
ISL
181
Ingalls & Snyder LLC
New York
| – | -$270K | -3,931 | Closed |
|
182
Marshall Wace
London,
United Kingdom
| – | -$261K | -3,800 | Closed |
|
|
GC
183
Guggenheim Capital
Chicago,
Illinois
| – | -$219K | -3,185 | Closed |
|
184
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$207K | -3,005 | Closed |
|
|
AB
185
Amalgamated Bank
New York
| – | -$206K | -2,992 | Closed |
|
186
Acadian Asset Management
Boston,
Massachusetts
| – | -$130K | -1,891 | Closed |
|
187
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$54K | -780 | Closed |
|
|
ACS
188
Archford Capital Strategies
Swansea,
Illinois
| – | -$17K | -247 | Closed |
|
189
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -29 | Closed |
|
ABG Hedge Fund Activity: Q3 2014 in Review
160 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2014, worth a combined $1.99B — down 4.5% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ABG and 27 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 56 added.
The largest buyer was LionEye Capital Management, adding an estimated $42.4M. The largest seller was Lord, Abbett & Co, cutting an estimated $31.6M.
- 160 institutional investors held Asbury Automotive (ABG) as of Q3 2014, down from 166 in Q2 2014.
- Funds reported $1.99B of Asbury Automotive stock for Q3 2014, down 4.5% quarter-over-quarter.
- 27 funds opened new Asbury Automotive positions in Q3 2014 and 30 closed out, a net change of -3 holders.
- The largest Asbury Automotive buyer in Q3 2014 was LionEye Capital Management, an estimated $42.4M added.
- The largest Asbury Automotive seller in Q3 2014 was Lord, Abbett & Co, an estimated $31.6M sold.
Based on aggregated 13F filings for Q3 2014.