AutoNation
283 hedge funds and large institutions have $3.13B invested in AutoNation in 2017 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 102 increasing their positions, 92 reducing their positions, and 50 closing their positions.
93% more call options, than puts
Call options by funds: $32.3M | Put options by funds: $16.7M
11% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 92
9% more capital invested
Capital invested by funds: $2.87B → $3.13B (+$255M)
5.96% more ownership
Funds ownership: 67.25% → 73.21% (+6%)
8% less funds holding
Funds holding: 306 → 283 (-23)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
42% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$95.5M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$91.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$85M |
| 4 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$63.1M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$58.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$62.5M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$59.5M |
| 3 |
EC
Eminence Capital
New York
|
-$54.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$17.3M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$16.9M |
AN Hedge Fund Activity: Q2 2017 in Review
283 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2017, worth a combined $3.13B — up 8.9% from $2.87B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of AN and 29 opened new positions — a net loss of 21 holders — while 92 trimmed existing stakes and 102 added.
The largest buyer was OppenheimerFunds, adding an estimated $95.5M. The largest seller was Horizon Kinetics, cutting an estimated $62.5M.
- 283 institutional investors held AutoNation (AN) as of Q2 2017, down from 306 in Q1 2017.
- Funds reported $3.13B of AutoNation stock for Q2 2017, up 8.9% quarter-over-quarter.
- 29 funds opened new AutoNation positions in Q2 2017 and 50 closed out, a net change of -21 holders.
- The largest AutoNation buyer in Q2 2017 was OppenheimerFunds, an estimated $95.5M added.
- The largest AutoNation seller in Q2 2017 was Horizon Kinetics, an estimated $62.5M sold.
Based on aggregated 13F filings for Q2 2017.