AutoNation
443 hedge funds and large institutions have $3.74B invested in AutoNation in 2023 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 126 increasing their positions, 181 reducing their positions, and 55 closing their positions.
25% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 55
12% more call options, than puts
Call options by funds: $113M | Put options by funds: $101M
2% more funds holding
Funds holding: 436 → 443 (+7)
1% less ownership
Funds ownership: 59.59% → 58.59% (-1%)
6% less capital invested
Capital invested by funds: $3.98B → $3.74B (-$240M)
30% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 181
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$22M |
| 3 |
EC
Eminence Capital
New York
|
+$16.5M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$15.1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$59.9M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$47.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$27.5M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$20.2M |
| 5 |
WA
Watchtower Advisors
Old Greenwich,
Connecticut
|
-$15.4M |
AN Hedge Fund Activity: Q4 2023 in Review
443 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q4 2023, worth a combined $3.74B — down 6% from $3.98B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new AN positions and 55 closed out — a net gain of 14 holders — while 126 added to existing stakes and 181 trimmed.
The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was Arrowstreet Capital, cutting an estimated $59.9M.
- 443 institutional investors held AutoNation (AN) as of Q4 2023, up from 436 in Q3 2023.
- Funds reported $3.74B of AutoNation stock for Q4 2023, down 6% quarter-over-quarter.
- 69 funds opened new AutoNation positions in Q4 2023 and 55 closed out, a net change of +14 holders.
- The largest AutoNation buyer in Q4 2023 was BlackRock, an estimated $22.8M added.
- The largest AutoNation seller in Q4 2023 was Arrowstreet Capital, an estimated $59.9M sold.
Based on aggregated 13F filings for Q4 2023.