AutoNation
258 hedge funds and large institutions have $2.11B invested in AutoNation in 2020 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 82 increasing their positions, 83 reducing their positions, and 29 closing their positions.
100% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 29
34% more capital invested
Capital invested by funds: $1.58B → $2.11B (+$538M)
12% more funds holding
Funds holding: 231 → 258 (+27)
1.73% more ownership
Funds ownership: 62.74% → 64.47% (+1.7%)
8% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $15.3M
1% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 83
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$25.1M |
| 2 |
Millennium Management
New York
|
+$18.2M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$16.2M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$14.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$24.5M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$16.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.3M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$10M |
| 5 |
BlackRock
New York
|
-$7.55M |
AN Hedge Fund Activity: Q2 2020 in Review
258 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2020, worth a combined $2.11B — up 34% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new AN positions and 29 closed out — a net gain of 29 holders — while 82 added to existing stakes and 83 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $25.1M. The largest seller was Eminence Capital, exiting entirely with an estimated $24.5M sold.
- 258 institutional investors held AutoNation (AN) as of Q2 2020, up from 231 in Q1 2020.
- Funds reported $2.11B of AutoNation stock for Q2 2020, up 34% quarter-over-quarter.
- 58 funds opened new AutoNation positions in Q2 2020 and 29 closed out, a net change of +29 holders.
- The largest AutoNation buyer in Q2 2020 was JP Morgan Chase, an estimated $25.1M added.
- The largest AutoNation seller in Q2 2020 was Eminence Capital, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2020.