AutoNation
323 hedge funds and large institutions have $3.66B invested in AutoNation in 2020 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 101 increasing their positions, 114 reducing their positions, and 38 closing their positions.
66% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 38
24% more capital invested
Capital invested by funds: $2.96B → $3.66B (+$697M)
7% more funds holding
Funds holding: 302 → 323 (+21)
4.96% less ownership
Funds ownership: 64.71% → 59.75% (-5%)
11% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 114
43% less call options, than puts
Call options by funds: $14M | Put options by funds: $24.7M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$147M |
| 2 |
EC
Eminence Capital
New York
|
+$113M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$15.8M |
| 4 |
Axa
Paris,
France
|
+$11.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$152M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$118M |
| 3 |
Millennium Management
New York
|
-$33.5M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$29.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$28.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SEC
351
Seven Eight Capital
New York
| – | -$228K | -4,317 | Closed |
|
|
B
352
Bailard
Foster City,
California
| – | -$201K | -3,800 | Closed |
|
|
PCM
353
Prelude Capital Management
New York
| – | -$41K | -771 | Closed |
|
|
GT
354
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$26K | -500 | Closed |
|
|
CIA
355
CSat Investment Advisory
Detroit,
Michigan
| – | -$13K | -253 | Closed |
|
356
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -116 | Closed |
|
|
AIL
357
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$3K | -54 | Closed |
|
|
SFS
358
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$126 | -2 | -29% |
|
|
PWMG
359
Prestige Wealth Management Group
Flemington,
New Jersey
| – | +$314 | +5 | New |
|
AN Hedge Fund Activity: Q4 2020 in Review
323 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q4 2020, worth a combined $3.66B — up 24% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new AN positions and 38 closed out — a net gain of 25 holders — while 101 added to existing stakes and 114 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $147M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $152M.
- 323 institutional investors held AutoNation (AN) as of Q4 2020, up from 302 in Q3 2020.
- Funds reported $3.66B of AutoNation stock for Q4 2020, up 24% quarter-over-quarter.
- 63 funds opened new AutoNation positions in Q4 2020 and 38 closed out, a net change of +25 holders.
- The largest AutoNation buyer in Q4 2020 was Victory Capital Management, an estimated $147M added.
- The largest AutoNation seller in Q4 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $152M sold.
Based on aggregated 13F filings for Q4 2020.