AutoZone
1,139 hedge funds and large institutions have $46.6B invested in AutoZone in 2024 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 423 increasing their positions, 371 reducing their positions, and 99 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 423 | Existing positions reduced: 371
0.08% less ownership
Funds ownership: 92.95% → 92.87% (-0.08%)
4% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 99
2% less funds holding
Funds holding: 1,159 → 1,139 (-20)
2% less funds holding in top 10
Funds holding in top 10: 43 → 42 (-1)
7% less capital invested
Capital invested by funds: $50.2B → $46.6B (-$3.66B)
36% less call options, than puts
Call options by funds: $680M | Put options by funds: $1.07B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$419M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$339M |
| 3 |
JP Morgan Chase
New York
|
+$247M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$229M |
| 5 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$203M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$464M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$377M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$244M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$194M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$139M |
AZO Hedge Fund Activity: Q2 2024 in Review
1,139 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q2 2024, worth a combined $46.6B — down 7.3% from $50.2B a quarter earlier.
Sellers outnumbered buyers: 99 funds closed out of AZO and 95 opened new positions — a net loss of 4 holders — while 371 trimmed existing stakes and 423 added.
The largest buyer was Strategic Financial Concepts, opening a new position worth an estimated $419M. The largest seller was Wellington Management Group, cutting an estimated $464M.
- 1,139 institutional investors held AutoZone (AZO) as of Q2 2024, down from 1,159 in Q1 2024.
- Funds reported $46.6B of AutoZone stock for Q2 2024, down 7.3% quarter-over-quarter.
- 95 funds opened new AutoZone positions in Q2 2024 and 99 closed out, a net change of -4 holders.
- The largest AutoZone buyer in Q2 2024 was Strategic Financial Concepts, an estimated $419M added.
- The largest AutoZone seller in Q2 2024 was Wellington Management Group, an estimated $464M sold.
Based on aggregated 13F filings for Q2 2024.