Asbury Automotive
174 hedge funds and large institutions have $1.38B invested in Asbury Automotive in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 60 increasing their positions, 56 reducing their positions, and 20 closing their positions.
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
39% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $825K
6% more funds holding
Funds holding: 164 → 174 (+10)
7% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 56
2% more capital invested
Capital invested by funds: $1.35B → $1.38B (+$21.9M)
3.11% less ownership
Funds ownership: 106.3% → 103.19% (-3.1%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$74.3M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$23.5M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$19.4M |
| 4 |
First Manhattan
New York
|
+$15.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$8.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
MSD Capital
New York
|
-$116M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$28.4M |
| 3 |
EM
Elliott Management
New York
|
-$15.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.2M |
ABG Hedge Fund Activity: Q4 2017 in Review
174 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q4 2017, worth a combined $1.38B — up 1.6% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ABG positions and 20 closed out — a net gain of 10 holders — while 60 added to existing stakes and 56 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $74.3M. The largest seller was MSD Capital, exiting entirely with an estimated $116M sold.
- 174 institutional investors held Asbury Automotive (ABG) as of Q4 2017, up from 164 in Q3 2017.
- Funds reported $1.38B of Asbury Automotive stock for Q4 2017, up 1.6% quarter-over-quarter.
- 30 funds opened new Asbury Automotive positions in Q4 2017 and 20 closed out, a net change of +10 holders.
- The largest Asbury Automotive buyer in Q4 2017 was Morgan Stanley, an estimated $74.3M added.
- The largest Asbury Automotive seller in Q4 2017 was MSD Capital, an estimated $116M sold.
Based on aggregated 13F filings for Q4 2017.