AutoNation
265 hedge funds and large institutions have $4.04B invested in AutoNation in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 83 increasing their positions, 111 reducing their positions, and 36 closing their positions.
19% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 36
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
6% more capital invested
Capital invested by funds: $3.81B → $4.04B (+$234M)
0.83% more ownership
Funds ownership: 62.92% → 63.75% (+0.83%)
1% more funds holding
Funds holding: 263 → 265 (+2)
25% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 111
70% less call options, than puts
Call options by funds: $20.1M | Put options by funds: $66.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$203M |
| 2 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$77.6M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$37.3M |
| 4 |
SC
Sculptor Capital
New York
|
+$24.3M |
| 5 |
AC
Amici Capital
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$173M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$91.9M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$37.8M |
| 4 |
HK
Horizon Kinetics
New York
|
-$32.5M |
| 5 |
Renaissance Technologies
New York
|
-$29.2M |
AN Hedge Fund Activity: Q1 2014 in Review
265 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q1 2014, worth a combined $4.04B — up 6.2% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AN positions and 36 closed out — a net gain of 7 holders — while 83 added to existing stakes and 111 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $203M. The largest seller was RBS Partners, cutting an estimated $173M.
- 265 institutional investors held AutoNation (AN) as of Q1 2014, up from 263 in Q4 2013.
- Funds reported $4.04B of AutoNation stock for Q1 2014, up 6.2% quarter-over-quarter.
- 43 funds opened new AutoNation positions in Q1 2014 and 36 closed out, a net change of +7 holders.
- The largest AutoNation buyer in Q1 2014 was Lone Pine Capital, an estimated $203M added.
- The largest AutoNation seller in Q1 2014 was RBS Partners, an estimated $173M sold.
Based on aggregated 13F filings for Q1 2014.