AutoNation
306 hedge funds and large institutions have $2.87B invested in AutoNation in 2017 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 106 increasing their positions, 94 reducing their positions, and 40 closing their positions.
80% more call options, than puts
Call options by funds: $27M | Put options by funds: $15M
15% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 40
13% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 94
3.61% more ownership
Funds ownership: 63.64% → 67.25% (+3.6%)
1% less funds holding
Funds holding: 308 → 306 (-2)
8% less capital invested
Capital invested by funds: $3.13B → $2.87B (-$258M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$193M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$184M |
| 3 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$96.5M |
| 4 |
WM
WS Management
Jacksonville,
Florida
|
+$25.5M |
| 5 |
PP
PDT Partners
New York
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$115M |
| 2 |
EC
Eminence Capital
New York
|
-$102M |
| 3 |
Millennium Management
New York
|
-$28.8M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$11.6M |
AN Hedge Fund Activity: Q1 2017 in Review
306 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q1 2017, worth a combined $2.87B — down 8.2% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new AN positions and 40 closed out — a net gain of 6 holders — while 106 added to existing stakes and 94 trimmed.
The largest buyer was BlackRock, adding an estimated $193M. The largest seller was Chilton Investment Company, cutting an estimated $115M.
- 306 institutional investors held AutoNation (AN) as of Q1 2017, down from 308 in Q4 2016.
- Funds reported $2.87B of AutoNation stock for Q1 2017, down 8.2% quarter-over-quarter.
- 46 funds opened new AutoNation positions in Q1 2017 and 40 closed out, a net change of +6 holders.
- The largest AutoNation buyer in Q1 2017 was BlackRock, an estimated $193M added.
- The largest AutoNation seller in Q1 2017 was Chilton Investment Company, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2017.