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AutoZone

596 hedge funds and large institutions have $22B invested in AutoZone in 2016 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 184 increasing their positions, 237 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more call options, than puts

Call options by funds: $755M | Put options by funds: $426M

74% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 47

9% more funds holding in top 10

Funds holding in top 10: 2224 (+2)

4% more funds holding

Funds holding: 571596 (+25)

2% more ownership

Funds ownership: 95.66%97.66% (+2%)

4% more capital invested

Capital invested by funds: $21.2B → $22B (+$818M)

22% less repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 237

Holders
596
Holders Change
+25
Holders Change %
+4.38%
% of All Funds
14.9%
Holding in Top 10
24
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.09%
% of All Funds
0.6%
New
82
Increased
184
Reduced
237
Closed
47
Calls
$755M
Puts
$426M
Net Calls
+$328M
Net Calls Change
-$25.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$181M +$2.19M +2,840 +1%
TCIM
27
TIAA CREF Investment Management
New York
$169M -$24.6M -31,978 -13%
DZ Bank
28
DZ Bank
Germany
$165M +$161M +209,199 New
NSCM
29
New South Capital Management
Tennessee
$165M -$4.37M -5,672 -3%
Thrivent Financial for Lutherans
30
Thrivent Financial for Lutherans
Minnesota
$156M +$17.9M +23,210 +13%
American Century Companies
31
American Century Companies
Missouri
$140M -$28.1M -36,490 -17%
Goldman Sachs
32
Goldman Sachs
New York
$136M +$3.18M +4,129 +2%
Lazard Asset Management
33
Lazard Asset Management
New York
$133M +$1.88M +2,443 +1%
Bessemer Group
34
Bessemer Group
New Jersey
$133M +$26M +33,776 +25%
1832 Asset Management
35
1832 Asset Management
Ontario, Canada
$127M +$139M +180,920 +242%
Swiss National Bank
36
Swiss National Bank
Switzerland
$125M +$2.69M +3,500 +2%
Renaissance Technologies
37
Renaissance Technologies
New York
$124M +$45.6M +59,200 +60%
Millennium Management
38
Millennium Management
New York
$124M +$41.8M +54,318 +53%
Two Sigma Advisers
39
Two Sigma Advisers
New York
$123M +$28.6M +37,200 +31%
Legal & General Group
40
Legal & General Group
United Kingdom
$115M -$2.91M -3,784 -3%
N
41
Natixis
France
$114M -$17.7M -22,993 -14%
Two Sigma Investments
42
Two Sigma Investments
New York
$114M +$62.8M +81,576 +131%
MIHAS
43
Maj Invest Holding A/S
Denmark
$112M +$30.1M +39,150 +38%
CIC
44
Chilton Investment Company
Connecticut
$109M -$23.1M -29,977 -18%
Axa
45
Axa
France
$106M -$22.1M -28,710 -18%
Jennison Associates
46
Jennison Associates
New York
$103M +$13.5M +17,490 +16%
Mawer Investment Management
47
Mawer Investment Management
Alberta, Canada
$102M +$41.1M +53,360 +70%
Loomis, Sayles & Company
48
Loomis, Sayles & Company
Massachusetts
$101M +$5.15M +6,697 +6%
Russell Investments Group
49
Russell Investments Group
United Kingdom
$92.9M +$89.5M +116,333 New
TD Asset Management
50
TD Asset Management
Ontario, Canada
$89.7M -$9.37M -12,179 -10%

AZO Hedge Fund Activity: Q4 2016 in Review

596 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q4 2016, worth a combined $22B — up 3.9% from $21.2B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new AZO positions and 47 closed out — a net gain of 35 holders — while 184 added to existing stakes and 237 trimmed.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $388M. The largest seller was Fidelity Investments, cutting an estimated $571M.

  • 596 institutional investors held AutoZone (AZO) as of Q4 2016, up from 571 in Q3 2016.
  • Funds reported $22B of AutoZone stock for Q4 2016, up 3.9% quarter-over-quarter.
  • 82 funds opened new AutoZone positions in Q4 2016 and 47 closed out, a net change of +35 holders.
  • The largest AutoZone buyer in Q4 2016 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $388M added.
  • The largest AutoZone seller in Q4 2016 was Fidelity Investments, an estimated $571M sold.

Based on aggregated 13F filings for Q4 2016.