Asbury Automotive
ABG
171 hedge funds and large institutions have $1.37B invested in Asbury Automotive in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 68 reducing their positions, and 29 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more call options, than puts
Call options by funds: $1.82M | Put options by funds: $1.29M
7% more capital invested
Capital invested by funds: $1.28B → $1.37B (+$90.2M)
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
1% less funds holding
Funds holding: 173 → 171 (-2)
3.53% less ownership
Funds ownership: 103.51% → 99.99% (-3.5%)
29% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
+$21.1M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.9M |
| 3 |
Morgan Stanley
New York
|
+$12.7M |
| 4 |
EM
Elliott Management
New York
|
+$8.72M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$22.8M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.9M |
| 4 |
PCP
P2 Capital Partners
New York
|
-$13.1M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$5.8M |
ABG Hedge Fund Activity: Q4 2016 in Review
171 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q4 2016, worth a combined $1.37B — up 7.1% from $1.28B a quarter earlier.
Fund positioning in ABG was balanced in Q4 2016: 29 funds opened new positions, 29 closed out, 48 added to existing stakes and 68 trimmed.
The largest buyer was Lakewood Capital Management, opening a new position worth an estimated $21.1M. The largest seller was Glenview Capital Management, cutting an estimated $22.8M.
- 171 institutional investors held Asbury Automotive (ABG) as of Q4 2016, down from 173 in Q3 2016.
- Funds reported $1.37B of Asbury Automotive stock for Q4 2016, up 7.1% quarter-over-quarter.
- 29 funds opened new Asbury Automotive positions in Q4 2016 and 29 closed out, a net change of 0 holders.
- The largest Asbury Automotive buyer in Q4 2016 was Lakewood Capital Management, an estimated $21.1M added.
- The largest Asbury Automotive seller in Q4 2016 was Glenview Capital Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q4 2016.