Asbury Automotive
ABG
187 hedge funds and large institutions have $1.6B invested in Asbury Automotive in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 52 increasing their positions, 74 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 21
41% more capital invested
Capital invested by funds: $1.14B → $1.6B (+$462M)
7% more funds holding
Funds holding: 174 → 187 (+13)
0.22% more ownership
Funds ownership: 106.98% → 107.21% (+0.22%)
30% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 74
71% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$31.3M |
| 2 |
Neuberger Berman Group
New York
|
+$20.1M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$19.7M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$18.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$31.4M |
| 2 |
EC
Eminence Capital
New York
|
-$24.3M |
| 3 |
Morgan Stanley
New York
|
-$16.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.7M |
| 5 |
BlackRock
New York
|
-$10.9M |
ABG Hedge Fund Activity: Q2 2020 in Review
187 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2020, worth a combined $1.6B — up 41% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ABG positions and 21 closed out — a net gain of 14 holders — while 52 added to existing stakes and 74 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $31.3M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $31.4M.
- 187 institutional investors held Asbury Automotive (ABG) as of Q2 2020, up from 174 in Q1 2020.
- Funds reported $1.6B of Asbury Automotive stock for Q2 2020, up 41% quarter-over-quarter.
- 35 funds opened new Asbury Automotive positions in Q2 2020 and 21 closed out, a net change of +14 holders.
- The largest Asbury Automotive buyer in Q2 2020 was Victory Capital Management, an estimated $31.3M added.
- The largest Asbury Automotive seller in Q2 2020 was Robeco Institutional Asset Management, an estimated $31.4M sold.
Based on aggregated 13F filings for Q2 2020.