Asbury Automotive
ABG
142 hedge funds and large institutions have $1.62B invested in Asbury Automotive in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 57 reducing their positions, and 22 closing their positions.
4% less capital invested
Capital invested by funds: $1.68B → $1.62B (-$61M)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
1% less funds holding
Funds holding: 144 → 142 (-2)
4.14% less ownership
Funds ownership: 101.32% → 97.18% (-4.1%)
15% less call options, than puts
Call options by funds: $8.1M | Put options by funds: $9.55M
16% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 57
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$35.7M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$30.4M |
| 3 |
JP Morgan Chase
New York
|
+$19.8M |
| 4 |
Neuberger Berman Group
New York
|
+$17.8M |
| 5 |
AC
Amici Capital
New York
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$84.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$69M |
| 3 |
Jennison Associates
New York
|
-$17M |
| 4 |
MC
MSD Capital
New York
|
-$10.8M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$8.17M |
ABG Hedge Fund Activity: Q4 2013 in Review
142 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q4 2013, worth a combined $1.62B — down 3.6% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ABG and 21 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 48 added.
The largest buyer was Sculptor Capital, opening a new position worth an estimated $35.7M. The largest seller was OppenheimerFunds, cutting an estimated $84.9M.
- 142 institutional investors held Asbury Automotive (ABG) as of Q4 2013, down from 144 in Q3 2013.
- Funds reported $1.62B of Asbury Automotive stock for Q4 2013, down 3.6% quarter-over-quarter.
- 21 funds opened new Asbury Automotive positions in Q4 2013 and 22 closed out, a net change of -1 holder.
- The largest Asbury Automotive buyer in Q4 2013 was Sculptor Capital, an estimated $35.7M added.
- The largest Asbury Automotive seller in Q4 2013 was OppenheimerFunds, an estimated $84.9M sold.
Based on aggregated 13F filings for Q4 2013.