AutoNation
324 hedge funds and large institutions have $3.66B invested in AutoNation in 2020 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 101 increasing their positions, 115 reducing their positions, and 37 closing their positions.
70% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 37
23% more capital invested
Capital invested by funds: $2.99B → $3.66B (+$676M)
7% more funds holding
Funds holding: 302 → 324 (+22)
4.96% less ownership
Funds ownership: 64.71% → 59.75% (-5%)
12% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 115
43% less call options, than puts
Call options by funds: $14M | Put options by funds: $24.7M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$147M |
| 2 |
EC
Eminence Capital
New York
|
+$113M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$15.8M |
| 4 |
Axa
Paris,
France
|
+$11.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$152M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$118M |
| 3 |
Millennium Management
New York
|
-$33.5M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$29.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$28.2M |
AN Hedge Fund Activity: Q4 2020 in Review
324 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q4 2020, worth a combined $3.66B — up 23% from $2.99B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new AN positions and 37 closed out — a net gain of 26 holders — while 101 added to existing stakes and 115 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $147M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $152M.
- 324 institutional investors held AutoNation (AN) as of Q4 2020, up from 302 in Q3 2020.
- Funds reported $3.66B of AutoNation stock for Q4 2020, up 23% quarter-over-quarter.
- 63 funds opened new AutoNation positions in Q4 2020 and 37 closed out, a net change of +26 holders.
- The largest AutoNation buyer in Q4 2020 was Victory Capital Management, an estimated $147M added.
- The largest AutoNation seller in Q4 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $152M sold.
Based on aggregated 13F filings for Q4 2020.