AutoZone
1,108 hedge funds and large institutions have $42.3B invested in AutoZone in 2023 Q4 according to their latest regulatory filings, with 154 funds opening new positions, 326 increasing their positions, 409 reducing their positions, and 72 closing their positions.
114% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 72
6% more funds holding
Funds holding: 1,041 → 1,108 (+67)
4.1% more ownership
Funds ownership: 90.53% → 94.62% (+4.1%)
1% more capital invested
Capital invested by funds: $41.8B → $42.3B (+$467M)
20% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 409
22% less funds holding in top 10
Funds holding in top 10: 45 → 35 (-10)
25% less call options, than puts
Call options by funds: $1.09B | Put options by funds: $1.44B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$685M |
| 2 |
Parnassus Investments
San Francisco,
California
|
+$153M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$151M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$145M |
| 5 |
Renaissance Technologies
New York
|
+$138M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$370M |
| 2 |
JP Morgan Chase
New York
|
-$293M |
| 3 |
BlackRock
New York
|
-$154M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$143M |
| 5 |
SC
Samlyn Capital
New York
|
-$132M |
AZO Hedge Fund Activity: Q4 2023 in Review
1,108 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q4 2023, worth a combined $42.3B — up 1.1% from $41.8B a quarter earlier.
Buyers outnumbered sellers: 154 funds opened new AZO positions and 72 closed out — a net gain of 82 holders — while 326 added to existing stakes and 409 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $685M. The largest seller was Fidelity Investments, cutting an estimated $370M.
- 1,108 institutional investors held AutoZone (AZO) as of Q4 2023, up from 1,041 in Q3 2023.
- Funds reported $42.3B of AutoZone stock for Q4 2023, up 1.1% quarter-over-quarter.
- 154 funds opened new AutoZone positions in Q4 2023 and 72 closed out, a net change of +82 holders.
- The largest AutoZone buyer in Q4 2023 was Morgan Stanley, an estimated $685M added.
- The largest AutoZone seller in Q4 2023 was Fidelity Investments, an estimated $370M sold.
Based on aggregated 13F filings for Q4 2023.