AutoNation
427 hedge funds and large institutions have $4.16B invested in AutoNation in 2023 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 117 increasing their positions, 183 reducing their positions, and 45 closing their positions.
26% more capital invested
Capital invested by funds: $3.3B → $4.16B (+$855M)
18% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 45
1% more funds holding
Funds holding: 424 → 427 (+3)
0.14% less ownership
Funds ownership: 67.13% → 66.99% (-0.14%)
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: 117 | Existing positions reduced: 183
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 |
Dimensional Fund Advisors
Austin,
Texas
|
-$31.3M |
| 4 |
Barclays
London,
United Kingdom
|
-$28.6M |
| 5 |
Renaissance Technologies
New York
|
-$27.8M |
AN Hedge Fund Activity: Q1 2023 in Review
427 of the 6,275 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: 53 funds opened new AN positions and 45 closed out — a net gain of 8 holders — while 117 added to existing stakes and 183 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $74.4M. The largest seller was Goldman Sachs, cutting an estimated $40.5M.
- 427 institutional investors held AutoNation (AN) as of Q1 2023, up from 424 in Q4 2022.
- Funds reported $4.16B of AutoNation stock for Q1 2023, up 26% quarter-over-quarter.
- 53 funds opened new AutoNation positions in Q1 2023 and 45 closed out, a net change of +8 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.