AutoNation
436 hedge funds and large institutions have $4.62B invested in AutoNation in 2023 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 107 increasing their positions, 202 reducing their positions, and 46 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 46
11% more capital invested
Capital invested by funds: $4.16B → $4.62B (+$463M)
11% more call options, than puts
Call options by funds: $113M | Put options by funds: $102M
2% more funds holding
Funds holding: 427 → 436 (+9)
5.45% less ownership
Funds ownership: 66.99% → 61.54% (-5.5%)
47% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 202
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$56.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$23.7M |
| 3 |
WA
Watchtower Advisors
Old Greenwich,
Connecticut
|
+$20.9M |
| 4 |
Squarepoint
New York
|
+$15.7M |
| 5 |
HF
HRT Financial
New York
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$68.3M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$55.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$41.8M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$41.1M |
| 5 |
Millennium Management
New York
|
-$36.2M |
AN Hedge Fund Activity: Q2 2023 in Review
436 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2023, worth a combined $4.62B — up 11% from $4.16B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new AN positions and 46 closed out — a net gain of 13 holders — while 107 added to existing stakes and 202 trimmed.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $56.6M. The largest seller was Envestnet Asset Management, cutting an estimated $68.3M.
- 436 institutional investors held AutoNation (AN) as of Q2 2023, up from 427 in Q1 2023.
- Funds reported $4.62B of AutoNation stock for Q2 2023, up 11% quarter-over-quarter.
- 59 funds opened new AutoNation positions in Q2 2023 and 46 closed out, a net change of +13 holders.
- The largest AutoNation buyer in Q2 2023 was Alyeska Investment Group, an estimated $56.6M added.
- The largest AutoNation seller in Q2 2023 was Envestnet Asset Management, an estimated $68.3M sold.
Based on aggregated 13F filings for Q2 2023.