Asbury Automotive
ABG
181 hedge funds and large institutions have $2.45B invested in Asbury Automotive in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 75 reducing their positions, and 30 closing their positions.
6% more capital invested
Capital invested by funds: $2.31B → $2.45B (+$142M)
2% less call options, than puts
Call options by funds: $858K | Put options by funds: $877K
1.62% less ownership
Funds ownership: 100.87% → 99.25% (-1.6%)
7% less funds holding
Funds holding: 194 → 181 (-13)
13% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 75
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$40.3M |
| 2 |
LCM
LionEye Capital Management
New York
|
+$38.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$33.1M |
| 4 |
Neuberger Berman Group
New York
|
+$30.1M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$41.9M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$39.1M |
| 3 |
HCM
Highline Capital Management
New York
|
-$20M |
| 4 |
HT
HAP Trading
New York
|
-$17M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$15.6M |
ABG Hedge Fund Activity: Q2 2015 in Review
181 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2015, worth a combined $2.45B — up 6.1% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ABG and 19 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 65 added.
The largest buyer was Gotham Asset Management, adding an estimated $40.3M. The largest seller was Eminence Capital, cutting an estimated $41.9M.
- 181 institutional investors held Asbury Automotive (ABG) as of Q2 2015, down from 194 in Q1 2015.
- Funds reported $2.45B of Asbury Automotive stock for Q2 2015, up 6.1% quarter-over-quarter.
- 19 funds opened new Asbury Automotive positions in Q2 2015 and 30 closed out, a net change of -11 holders.
- The largest Asbury Automotive buyer in Q2 2015 was Gotham Asset Management, an estimated $40.3M added.
- The largest Asbury Automotive seller in Q2 2015 was Eminence Capital, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2015.