AutoNation
268 hedge funds and large institutions have $2.41B invested in AutoNation in 2018 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 73 increasing their positions, 98 reducing their positions, and 39 closing their positions.
13% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 39
1% more funds holding
Funds holding: 266 → 268 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.01% less ownership
Funds ownership: 65.63% → 64.62% (-1%)
17% less capital invested
Capital invested by funds: $2.9B → $2.41B (-$483M)
26% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 98
45% less call options, than puts
Call options by funds: $16.2M | Put options by funds: $29.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$45.4M |
| 2 |
BlackRock
New York
|
+$22.8M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$10.7M |
| 4 |
Morgan Stanley
New York
|
+$10.5M |
| 5 |
O
OppenheimerFunds
New York
|
+$9.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$97.2M |
| 2 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$50.8M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$14.1M |
| 4 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$12.7M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$7.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBHC
301
Brown Brothers Harriman & Co
New York
| – | -$1K | -16 | Closed |
|
|
JA
302
JOYN Advisors
Atlanta,
Georgia
| – | -$1K | -15 | Closed |
|
303
Fidelity International
Hamilton,
Bermuda
| – | +$370 | +8 | New |
|
|
CAG
304
Csenge Advisory Group
Clearwater,
Florida
| – | +$602 | +13 | New |
|
AN Hedge Fund Activity: Q3 2018 in Review
268 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q3 2018, worth a combined $2.41B — down 17% from $2.9B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new AN positions and 39 closed out — a net gain of 5 holders — while 73 added to existing stakes and 98 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $45.4M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $97.2M sold.
- 268 institutional investors held AutoNation (AN) as of Q3 2018, up from 266 in Q2 2018.
- Funds reported $2.41B of AutoNation stock for Q3 2018, down 17% quarter-over-quarter.
- 44 funds opened new AutoNation positions in Q3 2018 and 39 closed out, a net change of +5 holders.
- The largest AutoNation buyer in Q3 2018 was Victory Capital Management, an estimated $45.4M added.
- The largest AutoNation seller in Q3 2018 was Capital Research Global Investors, an estimated $97.2M sold.
Based on aggregated 13F filings for Q3 2018.