AutoNation
266 hedge funds and large institutions have $2.9B invested in AutoNation in 2018 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 89 increasing their positions, 103 reducing their positions, and 71 closing their positions.
11% more call options, than puts
Call options by funds: $27.2M | Put options by funds: $24.5M
1% more capital invested
Capital invested by funds: $2.86B → $2.9B (+$31M)
1.13% less ownership
Funds ownership: 66.76% → 65.63% (-1.1%)
13% less funds holding
Funds holding: 307 → 266 (-41)
14% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 103
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
58% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$72M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$33.3M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$14.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$13.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$94.8M |
| 2 |
BlackRock
New York
|
-$26.3M |
| 3 |
State Street
Boston,
Massachusetts
|
-$19.3M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$11.5M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$8.17M |
AN Hedge Fund Activity: Q2 2018 in Review
266 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2018, worth a combined $2.9B — up 1.1% from $2.86B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of AN and 30 opened new positions — a net loss of 41 holders — while 103 trimmed existing stakes and 89 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $72M. The largest seller was Capital Research Global Investors, cutting an estimated $94.8M.
- 266 institutional investors held AutoNation (AN) as of Q2 2018, down from 307 in Q1 2018.
- Funds reported $2.9B of AutoNation stock for Q2 2018, up 1.1% quarter-over-quarter.
- 30 funds opened new AutoNation positions in Q2 2018 and 71 closed out, a net change of -41 holders.
- The largest AutoNation buyer in Q2 2018 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $72M added.
- The largest AutoNation seller in Q2 2018 was Capital Research Global Investors, an estimated $94.8M sold.
Based on aggregated 13F filings for Q2 2018.