AutoNation
247 hedge funds and large institutions have $4.21B invested in AutoNation in 2013 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 104 increasing their positions, 67 reducing their positions, and 29 closing their positions.
134% more call options, than puts
Call options by funds: $66.9M | Put options by funds: $28.6M
83% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 29
55% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 67
37% more capital invested
Capital invested by funds: $3.07B → $4.21B (+$1.14B)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
8.63% more ownership
Funds ownership: 58.38% → 67.01% (+8.6%)
8% more funds holding
Funds holding: 228 → 247 (+19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$89.5M |
| 2 |
EC
Eminence Capital
New York
|
+$67M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$65.1M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$55.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$44.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$69.7M |
| 2 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$43M |
| 3 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$39.8M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$35.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$33.6M |
AN Hedge Fund Activity: Q3 2013 in Review
247 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q3 2013, worth a combined $4.21B — up 37% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new AN positions and 29 closed out — a net gain of 24 holders — while 104 added to existing stakes and 67 trimmed.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $89.5M. The largest seller was Egerton Capital (UK), cutting an estimated $69.7M.
- 247 institutional investors held AutoNation (AN) as of Q3 2013, up from 228 in Q2 2013.
- Funds reported $4.21B of AutoNation stock for Q3 2013, up 37% quarter-over-quarter.
- 53 funds opened new AutoNation positions in Q3 2013 and 29 closed out, a net change of +24 holders.
- The largest AutoNation buyer in Q3 2013 was Scopia Capital Management, an estimated $89.5M added.
- The largest AutoNation seller in Q3 2013 was Egerton Capital (UK), an estimated $69.7M sold.
Based on aggregated 13F filings for Q3 2013.