Asbury Automotive
ABG
173 hedge funds and large institutions have $1.28B invested in Asbury Automotive in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 50 increasing their positions, 68 reducing their positions, and 22 closing their positions.
137% more call options, than puts
Call options by funds: $3.96M | Put options by funds: $1.67M
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
4% more capital invested
Capital invested by funds: $1.22B → $1.28B (+$52.6M)
1% more funds holding
Funds holding: 172 → 173 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.35% less ownership
Funds ownership: 104.86% → 103.51% (-1.3%)
26% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.9M |
| 2 |
EM
Elliott Management
New York
|
+$12.4M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$11.6M |
| 4 |
Morgan Stanley
New York
|
+$9.23M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMVA
New Mountain Vantage Advisers
New York
|
-$27.6M |
| 2 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$20.5M |
| 3 |
EM
EnTrustPermal Management
New York
|
-$15.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.47M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$8.48M |
ABG Hedge Fund Activity: Q3 2016 in Review
173 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2016, worth a combined $1.28B — up 4.3% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ABG positions and 22 closed out — a net gain of 3 holders — while 50 added to existing stakes and 68 trimmed.
The largest buyer was Point72 Asset Management, adding an estimated $13.9M. The largest seller was New Mountain Vantage Advisers, exiting entirely with an estimated $27.6M sold.
- 173 institutional investors held Asbury Automotive (ABG) as of Q3 2016, up from 172 in Q2 2016.
- Funds reported $1.28B of Asbury Automotive stock for Q3 2016, up 4.3% quarter-over-quarter.
- 25 funds opened new Asbury Automotive positions in Q3 2016 and 22 closed out, a net change of +3 holders.
- The largest Asbury Automotive buyer in Q3 2016 was Point72 Asset Management, an estimated $13.9M added.
- The largest Asbury Automotive seller in Q3 2016 was New Mountain Vantage Advisers, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2016.