AutoNation
284 hedge funds and large institutions have $4.73B invested in AutoNation in 2014 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 102 increasing their positions, 87 reducing their positions, and 37 closing their positions.
57% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 37
24% more call options, than puts
Call options by funds: $19.7M | Put options by funds: $15.9M
17% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 87
17% more capital invested
Capital invested by funds: $4.04B → $4.73B (+$689M)
7% more funds holding
Funds holding: 266 → 284 (+18)
2.63% more ownership
Funds ownership: 63.75% → 66.38% (+2.6%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$59.5M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$55M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$37.3M |
| 4 |
HCM
Highline Capital Management
New York
|
+$35.6M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$61M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$49.4M |
| 3 |
SC
Sculptor Capital
New York
|
-$32M |
| 4 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$30M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$26M |
AN Hedge Fund Activity: Q2 2014 in Review
284 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2014, worth a combined $4.73B — up 17% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new AN positions and 37 closed out — a net gain of 21 holders — while 102 added to existing stakes and 87 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $59.5M. The largest seller was Citadel Advisors, cutting an estimated $61M.
- 284 institutional investors held AutoNation (AN) as of Q2 2014, up from 266 in Q1 2014.
- Funds reported $4.73B of AutoNation stock for Q2 2014, up 17% quarter-over-quarter.
- 58 funds opened new AutoNation positions in Q2 2014 and 37 closed out, a net change of +21 holders.
- The largest AutoNation buyer in Q2 2014 was Lone Pine Capital, an estimated $59.5M added.
- The largest AutoNation seller in Q2 2014 was Citadel Advisors, an estimated $61M sold.
Based on aggregated 13F filings for Q2 2014.