AutoNation
239 hedge funds and large institutions have $2.08B invested in AutoNation in 2018 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 67 increasing their positions, 96 reducing their positions, and 64 closing their positions.
30% more call options, than puts
Call options by funds: $9.23M | Put options by funds: $7.12M
0.32% more ownership
Funds ownership: 64.62% → 64.94% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
11% less funds holding
Funds holding: 268 → 239 (-29)
14% less capital invested
Capital invested by funds: $2.41B → $2.08B (-$328M)
30% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 96
42% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$49.3M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$47.8M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$26.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$22.6M |
| 5 |
Two Sigma Investments
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$25.8M |
| 2 |
Morgan Stanley
New York
|
-$20M |
| 3 |
Goldman Sachs
New York
|
-$13.9M |
| 4 |
BlackRock
New York
|
-$13.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$12M |
AN Hedge Fund Activity: Q4 2018 in Review
239 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q4 2018, worth a combined $2.08B — down 14% from $2.41B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of AN and 37 opened new positions — a net loss of 27 holders — while 96 trimmed existing stakes and 67 added.
The largest buyer was Arlington Value Capital, adding an estimated $49.3M. The largest seller was Kiltearn Partners, exiting entirely with an estimated $25.8M sold.
- 239 institutional investors held AutoNation (AN) as of Q4 2018, down from 268 in Q3 2018.
- Funds reported $2.08B of AutoNation stock for Q4 2018, down 14% quarter-over-quarter.
- 37 funds opened new AutoNation positions in Q4 2018 and 64 closed out, a net change of -27 holders.
- The largest AutoNation buyer in Q4 2018 was Arlington Value Capital, an estimated $49.3M added.
- The largest AutoNation seller in Q4 2018 was Kiltearn Partners, an estimated $25.8M sold.
Based on aggregated 13F filings for Q4 2018.