Asbury Automotive
307 hedge funds and large institutions have $5.31B invested in Asbury Automotive in 2024 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 96 increasing their positions, 120 reducing their positions, and 38 closing their positions.
390% more call options, than puts
Call options by funds: $65.8M | Put options by funds: $13.4M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
8% more capital invested
Capital invested by funds: $4.93B → $5.31B (+$377M)
3.87% more ownership
Funds ownership: 107.46% → 111.32% (+3.9%)
2% more funds holding
Funds holding: 300 → 307 (+7)
20% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
+$72.2M |
| 2 |
EC
Eminence Capital
New York
|
+$42.9M |
| 3 |
TAM
Timucuan Asset Management
Jacksonville,
Florida
|
+$37.3M |
| 4 |
Morgan Stanley
New York
|
+$35.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$35.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$44.8M |
| 2 |
JP Morgan Chase
New York
|
-$38.4M |
| 3 |
SCM
Simcoe Capital Management
New York
|
-$29.2M |
| 4 |
IC
Impactive Capital
New York City,
New York
|
-$21.3M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$19.1M |
ABG Hedge Fund Activity: Q3 2024 in Review
307 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Asbury Automotive (ABG) for Q3 2024, worth a combined $5.31B — up 7.7% from $4.93B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new ABG positions and 38 closed out — a net gain of 8 holders — while 96 added to existing stakes and 120 trimmed.
The largest buyer was Madison Asset Management, opening a new position worth an estimated $72.2M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $44.8M sold.
- 307 institutional investors held Asbury Automotive (ABG) as of Q3 2024, up from 300 in Q2 2024.
- Funds reported $5.31B of Asbury Automotive stock for Q3 2024, up 7.7% quarter-over-quarter.
- 46 funds opened new Asbury Automotive positions in Q3 2024 and 38 closed out, a net change of +8 holders.
- The largest Asbury Automotive buyer in Q3 2024 was Madison Asset Management, an estimated $72.2M added.
- The largest Asbury Automotive seller in Q3 2024 was Schroder Investment Management Group, an estimated $44.8M sold.
Based on aggregated 13F filings for Q3 2024.