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Asbury Automotive

180 hedge funds and large institutions have $1.46B invested in Asbury Automotive in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 68 increasing their positions, 54 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $10.1M | Put options by funds: $4.92M

26% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 54

7% more capital invested

Capital invested by funds: $1.37B → $1.46B (+$89.4M)

1.13% more ownership

Funds ownership: 106.65%107.77% (+1.1%)

9% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 23

2% less funds holding

Funds holding: 184180 (-4)

Holders
180
Holders Change
-4
Holders Change %
-2.17%
% of All Funds
3.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
68
Reduced
54
Closed
23
Calls
$10.1M
Puts
$4.92M
Net Calls
+$5.17M
Net Calls Change
+$14.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$234M -$918K -13,176 -0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$142M +$768K +11,029 +0.5%
ACM
3
Abrams Capital Management
Massachusetts
$132M
Victory Capital Management
4
Victory Capital Management
Texas
$98.5M +$8.2M +117,677 +9%
Morgan Stanley
5
Morgan Stanley
New York
$96.1M +$12.2M +174,940 +14%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$75.6M +$121K +1,737 +0.2%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$61.6M +$20K +287 +0%
State Street
8
State Street
Massachusetts
$43.2M -$1.98M -28,409 -4%
Prudential Financial
9
Prudential Financial
New Jersey
$40.2M +$3.74M +53,657 +10%
Goldman Sachs
10
Goldman Sachs
New York
$39.6M +$8.39M +120,526 +27%
Macquarie Group
11
Macquarie Group
Australia
$29.7M +$338K +4,849 +1%
EC
12
Eminence Capital
New York
$26.6M -$163K -2,347 -0.6%
UBS Group
13
UBS Group
Switzerland
$25.4M -$5.29M -76,016 -17%
Northern Trust
14
Northern Trust
Illinois
$19.8M +$162K +2,329 +0.8%
Charles Schwab
15
Charles Schwab
California
$19.4M +$1.66M +23,891 +9%
Norges Bank
16
Norges Bank
Norway
$19M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$18.1M +$2.44K +35 +0%
Bank of America
18
Bank of America
North Carolina
$17.4M +$9.47M +136,031 +119%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$15.3M +$1.1M +15,809 +8%
LSV Asset Management
20
LSV Asset Management
Illinois
$15.1M -$369K -5,300 -2%
Federated Hermes
21
Federated Hermes
Pennsylvania
$14.8M +$5.17M +74,201 +54%
Schroder Investment Management Group
22
Schroder Investment Management Group
United Kingdom
$12.8M -$11.2M -160,163 -46%
Man Group
23
Man Group
United Kingdom
$12.6M +$1.69M +24,287 +15%
Public Employees Retirement Association of Colorado
24
Public Employees Retirement Association of Colorado
Colorado
$12.1M
RRAM
25
River Road Asset Management
Kentucky
$11.7M -$5.13M -73,670 -30%

ABG Hedge Fund Activity: Q1 2019 in Review

180 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2019, worth a combined $1.46B — up 6.5% from $1.37B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of ABG and 21 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 68 added.

The largest buyer was Morgan Stanley, adding an estimated $12.2M. The largest seller was Schroder Investment Management Group, cutting an estimated $11.2M.

  • 180 institutional investors held Asbury Automotive (ABG) as of Q1 2019, down from 184 in Q4 2018.
  • Funds reported $1.46B of Asbury Automotive stock for Q1 2019, up 6.5% quarter-over-quarter.
  • 21 funds opened new Asbury Automotive positions in Q1 2019 and 23 closed out, a net change of -2 holders.
  • The largest Asbury Automotive buyer in Q1 2019 was Morgan Stanley, an estimated $12.2M added.
  • The largest Asbury Automotive seller in Q1 2019 was Schroder Investment Management Group, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2019.