AutoNation
231 hedge funds and large institutions have $1.58B invested in AutoNation in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 94 increasing their positions, 58 reducing their positions, and 66 closing their positions.
73% more call options, than puts
Call options by funds: $8.34M | Put options by funds: $4.81M
62% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 58
2.92% less ownership
Funds ownership: 65.66% → 62.74% (-2.9%)
14% less funds holding
Funds holding: 270 → 231 (-39)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less capital invested
Capital invested by funds: $2.85B → $1.58B (-$1.27B)
50% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$36M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$24.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$140M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.6M |
| 3 |
Goldman Sachs
New York
|
-$20.5M |
| 4 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$17.8M |
| 5 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$15.6M |
AN Hedge Fund Activity: Q1 2020 in Review
231 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q1 2020, worth a combined $1.58B — down 45% from $2.85B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of AN and 33 opened new positions — a net loss of 33 holders — while 58 trimmed existing stakes and 94 added.
The largest buyer was Eminence Capital, opening a new position worth an estimated $36M. The largest seller was Victory Capital Management, cutting an estimated $140M.
- 231 institutional investors held AutoNation (AN) as of Q1 2020, down from 270 in Q4 2019.
- Funds reported $1.58B of AutoNation stock for Q1 2020, down 45% quarter-over-quarter.
- 33 funds opened new AutoNation positions in Q1 2020 and 66 closed out, a net change of -33 holders.
- The largest AutoNation buyer in Q1 2020 was Eminence Capital, an estimated $36M added.
- The largest AutoNation seller in Q1 2020 was Victory Capital Management, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2020.