AutoZone
706 hedge funds and large institutions have $24.5B invested in AutoZone in 2019 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 223 increasing their positions, 285 reducing their positions, and 58 closing their positions.
24% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 58
2% more funds holding
Funds holding: 694 → 706 (+12)
3% less capital invested
Capital invested by funds: $25.3B → $24.5B (-$811M)
1.7% less ownership
Funds ownership: 95.7% → 94% (-1.7%)
22% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 285
23% less funds holding in top 10
Funds holding in top 10: 22 → 17 (-5)
43% less call options, than puts
Call options by funds: $658M | Put options by funds: $1.16B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$132M |
| 2 |
Renaissance Technologies
New York
|
+$111M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$108M |
| 4 |
N
Natixis
Paris,
France
|
+$90.7M |
| 5 |
BlackRock
New York
|
+$63.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$627M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$249M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$149M |
| 4 |
Goldman Sachs
New York
|
-$123M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$110M |
AZO Hedge Fund Activity: Q3 2019 in Review
706 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q3 2019, worth a combined $24.5B — down 3.2% from $25.3B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new AZO positions and 58 closed out — a net gain of 14 holders — while 223 added to existing stakes and 285 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $132M. The largest seller was Ninety One (UK), cutting an estimated $627M.
- 706 institutional investors held AutoZone (AZO) as of Q3 2019, up from 694 in Q2 2019.
- Funds reported $24.5B of AutoZone stock for Q3 2019, down 3.2% quarter-over-quarter.
- 72 funds opened new AutoZone positions in Q3 2019 and 58 closed out, a net change of +14 holders.
- The largest AutoZone buyer in Q3 2019 was Fiera Capital (Canada), an estimated $132M added.
- The largest AutoZone seller in Q3 2019 was Ninety One (UK), an estimated $627M sold.
Based on aggregated 13F filings for Q3 2019.