AutoNation
263 hedge funds and large institutions have $3.81B invested in AutoNation in 2013 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 98 increasing their positions, 91 reducing their positions, and 27 closing their positions.
100% more call options, than puts
Call options by funds: $36.2M | Put options by funds: $18.1M
67% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 27
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
7% more funds holding
Funds holding: 246 → 263 (+17)
8% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 91
4.09% less ownership
Funds ownership: 67% → 62.92% (-4.1%)
10% less capital invested
Capital invested by funds: $4.21B → $3.81B (-$405M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$51.2M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$38.1M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$36.2M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$23M |
| 5 |
NMVA
New Mountain Vantage Advisers
New York
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$182M |
| 2 |
SCM
Scout Capital Management
New York
|
-$115M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$53.7M |
| 4 |
SC
Sculptor Capital
New York
|
-$33.9M |
| 5 |
SCA
Southpoint Capital Advisors
New York
|
-$29.2M |
AN Hedge Fund Activity: Q4 2013 in Review
263 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q4 2013, worth a combined $3.81B — down 9.6% from $4.21B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new AN positions and 27 closed out — a net gain of 18 holders — while 98 added to existing stakes and 91 trimmed.
The largest buyer was Egerton Capital (UK), adding an estimated $51.2M. The largest seller was RBS Partners, cutting an estimated $182M.
- 263 institutional investors held AutoNation (AN) as of Q4 2013, up from 246 in Q3 2013.
- Funds reported $3.81B of AutoNation stock for Q4 2013, down 9.6% quarter-over-quarter.
- 45 funds opened new AutoNation positions in Q4 2013 and 27 closed out, a net change of +18 holders.
- The largest AutoNation buyer in Q4 2013 was Egerton Capital (UK), an estimated $51.2M added.
- The largest AutoNation seller in Q4 2013 was RBS Partners, an estimated $182M sold.
Based on aggregated 13F filings for Q4 2013.