Asbury Automotive
174 hedge funds and large institutions have $1.14B invested in Asbury Automotive in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 56 reducing their positions, and 48 closing their positions.
1.73% more ownership
Funds ownership: 105.25% → 106.98% (+1.7%)
5% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 56
11% less funds holding
Funds holding: 196 → 174 (-22)
38% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 48
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less capital invested
Capital invested by funds: $2.28B → $1.14B (-$1.14B)
51% less call options, than puts
Call options by funds: $3.15M | Put options by funds: $6.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$54.1M |
| 2 |
Morgan Stanley
New York
|
+$24.2M |
| 3 |
IC
Impactive Capital
New York City,
New York
|
+$23.4M |
| 4 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$18.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$33.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$18.2M |
| 4 |
Goldman Sachs
New York
|
-$12M |
| 5 |
BlackRock
New York
|
-$11M |
ABG Hedge Fund Activity: Q1 2020 in Review
174 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q1 2020, worth a combined $1.14B — down 50% from $2.28B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of ABG and 30 opened new positions — a net loss of 18 holders — while 56 trimmed existing stakes and 59 added.
The largest buyer was Eminence Capital, adding an estimated $54.1M. The largest seller was Victory Capital Management, cutting an estimated $33.5M.
- 174 institutional investors held Asbury Automotive (ABG) as of Q1 2020, down from 196 in Q4 2019.
- Funds reported $1.14B of Asbury Automotive stock for Q1 2020, down 50% quarter-over-quarter.
- 30 funds opened new Asbury Automotive positions in Q1 2020 and 48 closed out, a net change of -18 holders.
- The largest Asbury Automotive buyer in Q1 2020 was Eminence Capital, an estimated $54.1M added.
- The largest Asbury Automotive seller in Q1 2020 was Victory Capital Management, an estimated $33.5M sold.
Based on aggregated 13F filings for Q1 2020.