Asbury Automotive
ABG
166 hedge funds and large institutions have $1.33B invested in Asbury Automotive in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 63 increasing their positions, 55 reducing their positions, and 22 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 55
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
4.27% more ownership
Funds ownership: 99.99% → 104.27% (+4.3%)
3% less capital invested
Capital invested by funds: $1.37B → $1.33B (-$41.8M)
2% less funds holding
Funds holding: 170 → 166 (-4)
32% less call options, than puts
Call options by funds: $1.1M | Put options by funds: $1.62M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$161M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.9M |
| 3 |
Neuberger Berman Group
New York
|
+$27.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$25.2M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$83.9M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$35.5M |
| 3 |
EC
Eminence Capital
New York
|
-$23.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19.5M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Daiwa Securities Group
Tokyo,
Japan
| – | -$413K | -6,700 | Closed |
|
177
HSBC Holdings
London,
United Kingdom
| – | -$355K | -5,767 | Closed |
|
|
BC
178
Burney Company
Reston,
Virginia
| – | -$345K | -5,595 | Closed |
|
|
SSA
179
Schonfeld Strategic Advisors
New York
| – | -$305K | -4,943 | Closed |
|
|
DTL
180
Dynamic Technology Lab
Singapore
| – | -$289K | -4,684 | Closed |
|
|
BTS
181
BB&T Securities
Richmond,
Virginia
| – | -$223K | -4,020 | Closed |
|
|
GCP
182
GSA Capital Partners
London,
United Kingdom
| – | -$247K | -4,000 | Closed |
|
183
ProShare Advisors
Bethesda,
Maryland
| – | -$237K | -3,847 | Closed |
|
|
TRCT
184
Tower Research Capital (TRC)
New York
| – | -$145K | -2,363 | Closed |
|
|
QT
185
Quantbot Technologies
New York
| – | -$121K | -1,966 | Closed |
|
186
Nomura Asset Management
Tokyo,
Japan
| – | -$22K | -350 | Closed |
|
|
NFG
187
Next Financial Group
Houston,
Texas
| – | -$5K | -86 | Closed |
|
|
FHA
188
First Horizon Advisors
Memphis,
Tennessee
| – | -$4K | -73 | Closed |
|
ABG Hedge Fund Activity: Q1 2017 in Review
166 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2017, worth a combined $1.33B — down 3.1% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ABG positions and 22 closed out — a net gain of 3 holders — while 63 added to existing stakes and 55 trimmed.
The largest buyer was BlackRock, adding an estimated $161M. The largest seller was Morgan Stanley, cutting an estimated $83.9M.
- 166 institutional investors held Asbury Automotive (ABG) as of Q1 2017, down from 170 in Q4 2016.
- Funds reported $1.33B of Asbury Automotive stock for Q1 2017, down 3.1% quarter-over-quarter.
- 25 funds opened new Asbury Automotive positions in Q1 2017 and 22 closed out, a net change of +3 holders.
- The largest Asbury Automotive buyer in Q1 2017 was BlackRock, an estimated $161M added.
- The largest Asbury Automotive seller in Q1 2017 was Morgan Stanley, an estimated $83.9M sold.
Based on aggregated 13F filings for Q1 2017.