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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.

New
Increased
Maintained
Reduced
Closed

2.97% more ownership

Funds ownership: 98.72%101.69% (+3%)

0% more funds holding in top 10

Funds holding in top 10: 44 (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: 166160 (-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

Holders
160
Holders Change
-6
Holders Change %
-3.61%
% of All Funds
4.64%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
27
Increased
56
Reduced
60
Closed
30
Calls
$20.8M
Puts
$31.1M
Net Calls
-$10.3M
Net Calls Change
-$13.2M
Name Holding Trade Value Shares
Change
Change in
Stake
MC
1
MSD Capital
New York
$143M -$10.5M -152,571 -6%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$135M -$7.24M -104,800 -5%
EC
3
Eminence Capital
New York
$124M -$13.3M -192,990 -9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$115M +$713K +10,334 +0.6%
LCM
5
LionEye Capital Management
New York
$105M +$42.4M +614,031 +60%
GCM
6
Glenview Capital Management
New York
$93.7M +$36.8M +533,478 +58%
Bank of America
7
Bank of America
North Carolina
$84.8M +$2.64M +38,168 +3%
AC
8
Amici Capital
New York
$69.7M +$21.6M +313,500 +41%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$59.5M +$1.82M +26,314 +3%
Goldman Sachs
10
Goldman Sachs
New York
$56.2M +$8.42M +121,942 +16%
TCM
11
TimesSquare Capital Management
New York
$52.6M +$3.86M +55,900 +7%
BIT
12
BlackRock Institutional Trust
California
$49.7M -$3.41M -49,358 -6%
BFA
13
BlackRock Fund Advisors
California
$43.6M -$812K -11,763 -2%
State Street
14
State Street
Massachusetts
$43.4M +$3.58M +51,854 +8%
SC
15
Sculptor Capital
New York
$41.9M +$8.05M +116,647 +22%
PCM
16
Palestra Capital Management
New York
$39.1M +$5.06M +73,351 +14%
Neuberger Berman Group
17
Neuberger Berman Group
New York
$37.3M +$2.91M +42,113 +8%
PCP
18
P2 Capital Partners
New York
$35.6M -$1.9M -27,539 -5%
Westfield Capital Management
19
Westfield Capital Management
Massachusetts
$34.9M +$12.2M +176,631 +48%
WRF
20
Waddell & Reed Financial
Kansas
$30.1M -$13.3M -192,800 -29%
SCM
21
SAB Capital Management
New York
$28.7M +$30.7M +444,888 New
Macquarie Group
22
Macquarie Group
Australia
$26.8M -$782K -11,328 -3%
RIM
23
Ranger Investment Management
Texas
$26.2M -$9.98M -144,521 -26%
MCM
24
Munder Capital Management
Michigan
$25.7M -$8.41M -121,793 -23%
Northern Trust
25
Northern Trust
Illinois
$24.3M -$1.31M -18,930 -5%

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.