AutoNation
308 hedge funds and large institutions have $3.13B invested in AutoNation in 2016 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 82 increasing their positions, 119 reducing their positions, and 42 closing their positions.
123% more call options, than puts
Call options by funds: $32.5M | Put options by funds: $14.5M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
19% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 42
1% more funds holding
Funds holding: 305 → 308 (+3)
3.55% less ownership
Funds ownership: 67.19% → 63.64% (-3.6%)
6% less capital invested
Capital invested by funds: $3.33B → $3.13B (-$198M)
31% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$55.1M |
| 2 |
Millennium Management
New York
|
+$21.8M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$19.6M |
| 4 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$16M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$91.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$63.4M |
| 3 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$53.8M |
| 4 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$28.7M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$26.5M |
AN Hedge Fund Activity: Q4 2016 in Review
308 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q4 2016, worth a combined $3.13B — down 6% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new AN positions and 42 closed out — a net gain of 8 holders — while 82 added to existing stakes and 119 trimmed.
The largest buyer was Harris Associates, opening a new position worth an estimated $55.1M. The largest seller was Glenview Capital Management, exiting entirely with an estimated $91.9M sold.
- 308 institutional investors held AutoNation (AN) as of Q4 2016, up from 305 in Q3 2016.
- Funds reported $3.13B of AutoNation stock for Q4 2016, down 6% quarter-over-quarter.
- 50 funds opened new AutoNation positions in Q4 2016 and 42 closed out, a net change of +8 holders.
- The largest AutoNation buyer in Q4 2016 was Harris Associates, an estimated $55.1M added.
- The largest AutoNation seller in Q4 2016 was Glenview Capital Management, an estimated $91.9M sold.
Based on aggregated 13F filings for Q4 2016.