AutoZone
AZO
455 hedge funds and large institutions have $15.1B invested in AutoZone in 2013 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 147 increasing their positions, 170 reducing their positions, and 40 closing their positions.
60% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 40
24% more call options, than puts
Call options by funds: $479M | Put options by funds: $387M
12% more capital invested
Capital invested by funds: $13.5B → $15.1B (+$1.67B)
5% more funds holding
Funds holding: 433 → 455 (+22)
0.82% more ownership
Funds ownership: 93.54% → 94.35% (+0.82%)
14% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 170
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$111M |
| 2 |
JP Morgan Chase
New York
|
+$108M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$72.4M |
| 4 |
First Eagle Investment Management
New York
|
+$62M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$137M |
| 2 |
SCP
Soroban Capital Partners
New York
|
-$110M |
| 3 |
TCM
Tiger Consumer Management
New York
|
-$109M |
| 4 |
Two Sigma Investments
New York
|
-$60.9M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$57.6M |
AZO Hedge Fund Activity: Q4 2013 in Review
455 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q4 2013, worth a combined $15.1B — up 12% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new AZO positions and 40 closed out — a net gain of 24 holders — while 147 added to existing stakes and 170 trimmed.
The largest buyer was Iridian Asset Management, adding an estimated $111M. The largest seller was Janus Henderson Investors US, cutting an estimated $137M.
- 455 institutional investors held AutoZone (AZO) as of Q4 2013, up from 433 in Q3 2013.
- Funds reported $15.1B of AutoZone stock for Q4 2013, up 12% quarter-over-quarter.
- 64 funds opened new AutoZone positions in Q4 2013 and 40 closed out, a net change of +24 holders.
- The largest AutoZone buyer in Q4 2013 was Iridian Asset Management, an estimated $111M added.
- The largest AutoZone seller in Q4 2013 was Janus Henderson Investors US, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2013.