Asbury Automotive
ABG
189 hedge funds and large institutions have $1.48B invested in Asbury Automotive in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 77 increasing their positions, 57 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
35% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 57
3% more funds holding
Funds holding: 183 → 189 (+6)
0.76% more ownership
Funds ownership: 104.98% → 105.74% (+0.76%)
0% less capital invested
Capital invested by funds: $1.49B → $1.48B (-$5.76M)
20% less call options, than puts
Call options by funds: $1.56M | Put options by funds: $1.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$50.9M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$36M |
| 3 |
BlackRock
New York
|
+$18.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$12.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$68.9M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$44.3M |
| 3 |
Morgan Stanley
New York
|
-$14.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$8.69M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$8.01M |
ABG Hedge Fund Activity: Q3 2018 in Review
189 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2018, worth a combined $1.48B — down 0.39% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ABG positions and 14 closed out — a net gain of 9 holders — while 77 added to existing stakes and 57 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $50.9M. The largest seller was Eminence Capital, cutting an estimated $68.9M.
- 189 institutional investors held Asbury Automotive (ABG) as of Q3 2018, up from 183 in Q2 2018.
- Funds reported $1.48B of Asbury Automotive stock for Q3 2018, down 0.39% quarter-over-quarter.
- 23 funds opened new Asbury Automotive positions in Q3 2018 and 14 closed out, a net change of +9 holders.
- The largest Asbury Automotive buyer in Q3 2018 was Victory Capital Management, an estimated $50.9M added.
- The largest Asbury Automotive seller in Q3 2018 was Eminence Capital, an estimated $68.9M sold.
Based on aggregated 13F filings for Q3 2018.