AutoNation
307 hedge funds and large institutions have $2.86B invested in AutoNation in 2018 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 97 increasing their positions, 102 reducing their positions, and 31 closing their positions.
65% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 31
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more call options, than puts
Call options by funds: $31.8M | Put options by funds: $25.1M
6% more funds holding
Funds holding: 290 → 307 (+17)
5% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 102
2.79% less ownership
Funds ownership: 69.55% → 66.76% (-2.8%)
12% less capital invested
Capital invested by funds: $3.26B → $2.86B (-$391M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$36.2M |
| 2 |
PAM
Pagoda Asset Management
New York
|
+$13.5M |
| 3 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$11.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10.8M |
| 5 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$8.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$107M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$85.6M |
| 3 |
Goldman Sachs
New York
|
-$39.9M |
| 4 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$18.2M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$10.8M |
AN Hedge Fund Activity: Q1 2018 in Review
307 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q1 2018, worth a combined $2.86B — down 12% from $3.26B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new AN positions and 31 closed out — a net gain of 20 holders — while 97 added to existing stakes and 102 trimmed.
The largest buyer was Prudential Financial, adding an estimated $36.2M. The largest seller was Capital Research Global Investors, cutting an estimated $107M.
- 307 institutional investors held AutoNation (AN) as of Q1 2018, up from 290 in Q4 2017.
- Funds reported $2.86B of AutoNation stock for Q1 2018, down 12% quarter-over-quarter.
- 51 funds opened new AutoNation positions in Q1 2018 and 31 closed out, a net change of +20 holders.
- The largest AutoNation buyer in Q1 2018 was Prudential Financial, an estimated $36.2M added.
- The largest AutoNation seller in Q1 2018 was Capital Research Global Investors, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2018.