AutoZone
AZO
485 hedge funds and large institutions have $16.1B invested in AutoZone in 2014 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 139 increasing their positions, 200 reducing their positions, and 37 closing their positions.
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
2% more funds holding
Funds holding: 474 → 485 (+11)
0.58% more ownership
Funds ownership: 91.63% → 92.21% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1% less capital invested
Capital invested by funds: $16.3B → $16.1B (-$152M)
31% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 200
34% less call options, than puts
Call options by funds: $215M | Put options by funds: $327M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$106M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$84.6M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$84.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$66.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$63.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$249M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$142M |
| 3 |
Lazard Asset Management
New York
|
-$67.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$63.8M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$50.3M |
AZO Hedge Fund Activity: Q2 2014 in Review
485 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q2 2014, worth a combined $16.1B — down 0.94% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new AZO positions and 37 closed out — a net gain of 16 holders — while 139 added to existing stakes and 200 trimmed.
The largest buyer was Norges Bank, adding an estimated $106M. The largest seller was JP Morgan Chase, cutting an estimated $249M.
- 485 institutional investors held AutoZone (AZO) as of Q2 2014, up from 474 in Q1 2014.
- Funds reported $16.1B of AutoZone stock for Q2 2014, down 0.94% quarter-over-quarter.
- 53 funds opened new AutoZone positions in Q2 2014 and 37 closed out, a net change of +16 holders.
- The largest AutoZone buyer in Q2 2014 was Norges Bank, an estimated $106M added.
- The largest AutoZone seller in Q2 2014 was JP Morgan Chase, an estimated $249M sold.
Based on aggregated 13F filings for Q2 2014.