Asbury Automotive
ABG
172 hedge funds and large institutions have $1.22B invested in Asbury Automotive in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 82 reducing their positions, and 31 closing their positions.
16% more call options, than puts
Call options by funds: $3.17M | Put options by funds: $2.73M
8.86% more ownership
Funds ownership: 96% → 104.86% (+8.9%)
5% less funds holding
Funds holding: 181 → 172 (-9)
15% less capital invested
Capital invested by funds: $1.44B → $1.22B (-$211M)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$19.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$15.1M |
| 3 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$13.1M |
| 4 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
+$9.76M |
| 5 |
AIM
Atlantic Investment Management
New York
|
+$6.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
-$17.7M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$17.6M |
| 3 |
MC
MSD Capital
New York
|
-$12.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.7M |
| 5 |
NMVA
New Mountain Vantage Advisers
New York
|
-$10.8M |
ABG Hedge Fund Activity: Q2 2016 in Review
172 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2016, worth a combined $1.22B — down 15% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ABG and 23 opened new positions — a net loss of 8 holders — while 82 trimmed existing stakes and 45 added.
The largest buyer was Burgundy Asset Management, adding an estimated $19.6M. The largest seller was P2 Capital Partners, cutting an estimated $17.7M.
- 172 institutional investors held Asbury Automotive (ABG) as of Q2 2016, down from 181 in Q1 2016.
- Funds reported $1.22B of Asbury Automotive stock for Q2 2016, down 15% quarter-over-quarter.
- 23 funds opened new Asbury Automotive positions in Q2 2016 and 31 closed out, a net change of -8 holders.
- The largest Asbury Automotive buyer in Q2 2016 was Burgundy Asset Management, an estimated $19.6M added.
- The largest Asbury Automotive seller in Q2 2016 was P2 Capital Partners, an estimated $17.7M sold.
Based on aggregated 13F filings for Q2 2016.