AutoNation
303 hedge funds and large institutions have $3.34B invested in AutoNation in 2016 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 97 increasing their positions, 122 reducing their positions, and 70 closing their positions.
4.05% more ownership
Funds ownership: 64.94% → 68.98% (+4%)
3% more capital invested
Capital invested by funds: $3.25B → $3.34B (+$94M)
13% less funds holding
Funds holding: 347 → 303 (-44)
17% less call options, than puts
Call options by funds: $28.4M | Put options by funds: $34.3M
20% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 122
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
60% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$146M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$100M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$21.8M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$20.7M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$28.6M |
| 2 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$22.1M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$20.4M |
| 4 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$16.8M |
| 5 |
HK
Horizon Kinetics
New York
|
-$15.4M |
AN Hedge Fund Activity: Q2 2016 in Review
303 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2016, worth a combined $3.34B — up 2.9% from $3.25B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of AN and 28 opened new positions — a net loss of 42 holders — while 122 trimmed existing stakes and 97 added.
The largest buyer was Jana Partners, opening a new position worth an estimated $146M. The largest seller was AllianceBernstein, cutting an estimated $28.6M.
- 303 institutional investors held AutoNation (AN) as of Q2 2016, down from 347 in Q1 2016.
- Funds reported $3.34B of AutoNation stock for Q2 2016, up 2.9% quarter-over-quarter.
- 28 funds opened new AutoNation positions in Q2 2016 and 70 closed out, a net change of -42 holders.
- The largest AutoNation buyer in Q2 2016 was Jana Partners, an estimated $146M added.
- The largest AutoNation seller in Q2 2016 was AllianceBernstein, an estimated $28.6M sold.
Based on aggregated 13F filings for Q2 2016.