Asbury Automotive
ABG
312 hedge funds and large institutions have $5.11B invested in Asbury Automotive in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 94 increasing their positions, 131 reducing their positions, and 53 closing their positions.
152% more call options, than puts
Call options by funds: $62M | Put options by funds: $24.6M
3% more capital invested
Capital invested by funds: $4.98B → $5.11B (+$129M)
0% less funds holding
Funds holding: 313 → 312 (-1)
0.91% less ownership
Funds ownership: 107.63% → 106.72% (-0.91%)
2% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 53
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
28% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$33M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
+$20.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$19.6M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$17.2M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$9.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Brave Warrior Advisors
New York
|
-$62.6M |
| 2 |
Morgan Stanley
New York
|
-$46.7M |
| 3 |
Millennium Management
New York
|
-$20.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.8M |
| 5 |
BlackRock
New York
|
-$10.9M |
ABG Hedge Fund Activity: Q1 2024 in Review
312 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2024, worth a combined $5.11B — up 2.6% from $4.98B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of ABG and 52 opened new positions — a net loss of 1 holder — while 131 trimmed existing stakes and 94 added.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $33M. The largest seller was Brave Warrior Advisors, exiting entirely with an estimated $62.6M sold.
- 312 institutional investors held Asbury Automotive (ABG) as of Q1 2024, down from 313 in Q4 2023.
- Funds reported $5.11B of Asbury Automotive stock for Q1 2024, up 2.6% quarter-over-quarter.
- 52 funds opened new Asbury Automotive positions in Q1 2024 and 53 closed out, a net change of -1 holder.
- The largest Asbury Automotive buyer in Q1 2024 was GW&K Investment Management, an estimated $33M added.
- The largest Asbury Automotive seller in Q1 2024 was Brave Warrior Advisors, an estimated $62.6M sold.
Based on aggregated 13F filings for Q1 2024.