AutoNation
426 hedge funds and large institutions have $4.16B invested in AutoNation in 2023 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 116 increasing their positions, 181 reducing their positions, and 45 closing their positions.
26% more capital invested
Capital invested by funds: $3.3B → $4.16B (+$857M)
22% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 45
4.92% more ownership
Funds ownership: 62.07% → 66.99% (+4.9%)
1% more funds holding
Funds holding: 421 → 426 (+5)
25% less call options, than puts
Call options by funds: $108M | Put options by funds: $144M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 181
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$74.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$63.2M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$26.7M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$24.3M |
| 5 |
EC
Eminence Capital
New York
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$40.5M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$33.7M |
| 3 |
Barclays
London,
United Kingdom
|
-$28.6M |
| 4 |
Renaissance Technologies
New York
|
-$27.8M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$27.2M |
AN Hedge Fund Activity: Q1 2023 in Review
426 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q1 2023, worth a combined $4.16B — up 26% from $3.3B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new AN positions and 45 closed out — a net gain of 10 holders — while 116 added to existing stakes and 181 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $74.4M. The largest seller was Goldman Sachs, cutting an estimated $40.5M.
- 426 institutional investors held AutoNation (AN) as of Q1 2023, up from 421 in Q4 2022.
- Funds reported $4.16B of AutoNation stock for Q1 2023, up 26% quarter-over-quarter.
- 55 funds opened new AutoNation positions in Q1 2023 and 45 closed out, a net change of +10 holders.
- The largest AutoNation buyer in Q1 2023 was LSV Asset Management, an estimated $74.4M added.
- The largest AutoNation seller in Q1 2023 was Goldman Sachs, an estimated $40.5M sold.
Based on aggregated 13F filings for Q1 2023.