Asbury Automotive
ABG
181 hedge funds and large institutions have $1.44B invested in Asbury Automotive in 2016 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 60 increasing their positions, 56 reducing their positions, and 60 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 56
4% more call options, than puts
Call options by funds: $5.93M | Put options by funds: $5.68M
2.41% less ownership
Funds ownership: 98.41% → 96% (-2.4%)
7% less funds holding
Funds holding: 195 → 181 (-14)
15% less capital invested
Capital invested by funds: $1.69B → $1.44B (-$257M)
22% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 60
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$61.5M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$50.6M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$42.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
| 5 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$36M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$35.8M |
| 3 |
AC
Amici Capital
New York
|
-$34.9M |
| 4 |
EC
Eminence Capital
New York
|
-$29.6M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$27.1M |
ABG Hedge Fund Activity: Q1 2016 in Review
181 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2016, worth a combined $1.44B — down 15% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of ABG and 47 opened new positions — a net loss of 13 holders — while 56 trimmed existing stakes and 60 added.
The largest buyer was Morgan Stanley, adding an estimated $61.5M. The largest seller was Gotham Asset Management, exiting entirely with an estimated $36M sold.
- 181 institutional investors held Asbury Automotive (ABG) as of Q1 2016, down from 195 in Q4 2015.
- Funds reported $1.44B of Asbury Automotive stock for Q1 2016, down 15% quarter-over-quarter.
- 47 funds opened new Asbury Automotive positions in Q1 2016 and 60 closed out, a net change of -13 holders.
- The largest Asbury Automotive buyer in Q1 2016 was Morgan Stanley, an estimated $61.5M added.
- The largest Asbury Automotive seller in Q1 2016 was Gotham Asset Management, an estimated $36M sold.
Based on aggregated 13F filings for Q1 2016.