Asbury Automotive
172 hedge funds and large institutions have $1.73B invested in Asbury Automotive in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 65 reducing their positions, and 24 closing their positions.
18% more capital invested
Capital invested by funds: $1.46B → $1.73B (+$268M)
13% more call options, than puts
Call options by funds: $3.39M | Put options by funds: $3.01M
2.84% less ownership
Funds ownership: 107.77% → 104.94% (-2.8%)
4% less funds holding
Funds holding: 180 → 172 (-8)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
22% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$14.5M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$7.12M |
| 3 |
Goldman Sachs
New York
|
+$5.97M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.18M |
| 5 |
RA
Royce & Associates
New York
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$13.3M |
| 2 |
First Manhattan
New York
|
-$12.6M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$8.75M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.31M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$6.22M |
ABG Hedge Fund Activity: Q2 2019 in Review
172 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2019, worth a combined $1.73B — up 18% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of ABG and 21 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 51 added.
The largest buyer was Neuberger Berman Group, adding an estimated $14.5M. The largest seller was Public Employees Retirement Association of Colorado, cutting an estimated $13.3M.
- 172 institutional investors held Asbury Automotive (ABG) as of Q2 2019, down from 180 in Q1 2019.
- Funds reported $1.73B of Asbury Automotive stock for Q2 2019, up 18% quarter-over-quarter.
- 21 funds opened new Asbury Automotive positions in Q2 2019 and 24 closed out, a net change of -3 holders.
- The largest Asbury Automotive buyer in Q2 2019 was Neuberger Berman Group, an estimated $14.5M added.
- The largest Asbury Automotive seller in Q2 2019 was Public Employees Retirement Association of Colorado, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2019.