Asbury Automotive
144 hedge funds and large institutions have $1.68B invested in Asbury Automotive in 2013 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 55 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
2% more funds holding
Funds holding: 141 → 144 (+3)
0% less capital inflows, than outflows
Capital inflows: $181M | Capital outflows: $181M
0.49% less ownership
Funds ownership: 101.81% → 101.32% (-0.49%)
15% less call options, than puts
Call options by funds: $8.36M | Put options by funds: $9.8M
18% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OppenheimerFunds
New York
|
+$50.4M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$25M |
| 3 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
+$13.1M |
| 4 |
AC
Amici Capital
New York
|
+$11.8M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
+$9.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$23.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.6M |
| 3 |
Jennison Associates
New York
|
-$17.3M |
| 4 |
MC
MSD Capital
New York
|
-$17.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$8M |
ABG Hedge Fund Activity: Q3 2013 in Review
144 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2013, worth a combined $1.68B — up 32% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ABG positions and 20 closed out — a net gain of 4 holders — while 45 added to existing stakes and 55 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $50.4M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $23.7M sold.
- 144 institutional investors held Asbury Automotive (ABG) as of Q3 2013, up from 141 in Q2 2013.
- Funds reported $1.68B of Asbury Automotive stock for Q3 2013, up 32% quarter-over-quarter.
- 24 funds opened new Asbury Automotive positions in Q3 2013 and 20 closed out, a net change of +4 holders.
- The largest Asbury Automotive buyer in Q3 2013 was OppenheimerFunds, an estimated $50.4M added.
- The largest Asbury Automotive seller in Q3 2013 was Schroder Investment Management Group, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2013.