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Asbury Automotive

270 hedge funds and large institutions have $4B invested in Asbury Automotive in 2022 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 72 increasing their positions, 128 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more call options, than puts

Call options by funds: $14.4M | Put options by funds: $11.6M

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

3.61% more ownership

Funds ownership: 103.12%106.73% (+3.6%)

4% more capital invested

Capital invested by funds: $3.84B → $4B (+$167M)

5% less funds holding

Funds holding: 284270 (-14)

16% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 44

44% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 128

Holders
270
Holders Change
-14
Holders Change %
-4.93%
% of All Funds
4.55%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.12%
New
37
Increased
72
Reduced
128
Closed
44
Calls
$14.4M
Puts
$11.6M
Net Calls
+$2.78M
Net Calls Change
-$294K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$585M -$34.4M -198,381 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$419M -$18.1M -104,608 -4%
IC
3
Impactive Capital
New York
$373M +$77.9M +450,021 +26%
ACM
4
Abrams Capital Management
Massachusetts
$359M
Neuberger Berman Group
5
Neuberger Berman Group
New York
$230M -$15.1M -87,133 -6%
State Street
6
State Street
Massachusetts
$135M -$1.6M -9,251 -1%
Capital Research Global Investors
7
Capital Research Global Investors
California
$129M
CAM
8
Congress Asset Management
Massachusetts
$125M -$1.67M -9,669 -1%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$107M -$10.4M -60,026 -9%
SCM
10
Simcoe Capital Management
New York
$107M +$7.71M +44,516 +8%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$75.9M +$5.4M +31,176 +7%
EC
12
Eminence Capital
New York
$72M +$17.9M +103,633 +32%
Morgan Stanley
13
Morgan Stanley
New York
$57.1M +$1.67M +9,663 +3%
CCM
14
Channing Capital Management
Illinois
$52.4M -$4.72M -27,272 -8%
LCM
15
Lakewood Capital Management
New York
$50.3M -$831K -4,800 -2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$44.5M -$3.94M -22,726 -8%
Victory Capital Management
17
Victory Capital Management
Texas
$42.1M -$803K -4,638 -2%
Goldman Sachs
18
Goldman Sachs
New York
$41M +$32.8M +189,329 +361%
Northern Trust
19
Northern Trust
Illinois
$40.3M -$3.1M -17,922 -7%
Norges Bank
20
Norges Bank
Norway
$38.8M +$24.8M +143,040 +166%
SAM
21
Silvercrest Asset Management
New York
$35.9M -$19.8M -114,306 -35%
RA
22
Royce & Associates
New York
$34.2M -$539K -3,110 -2%
RRAM
23
River Road Asset Management
Kentucky
$30.8M +$31.5M +181,768 New
Bank of America
24
Bank of America
North Carolina
$30.5M -$3.65M -21,087 -10%
Ameriprise
25
Ameriprise
Minnesota
$30.2M -$701K -4,049 -2%

ABG Hedge Fund Activity: Q2 2022 in Review

270 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q2 2022, worth a combined $4B — up 4.4% from $3.84B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of ABG and 37 opened new positions — a net loss of 7 holders — while 128 trimmed existing stakes and 72 added.

The largest buyer was Impactive Capital, adding an estimated $77.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $35.1M.

  • 270 institutional investors held Asbury Automotive (ABG) as of Q2 2022, down from 284 in Q1 2022.
  • Funds reported $4B of Asbury Automotive stock for Q2 2022, up 4.4% quarter-over-quarter.
  • 37 funds opened new Asbury Automotive positions in Q2 2022 and 44 closed out, a net change of -7 holders.
  • The largest Asbury Automotive buyer in Q2 2022 was Impactive Capital, an estimated $77.9M added.
  • The largest Asbury Automotive seller in Q2 2022 was T. Rowe Price Associates, an estimated $35.1M sold.

Based on aggregated 13F filings for Q2 2022.