AutoZone
719 hedge funds and large institutions have $24.5B invested in AutoZone in 2020 Q2 according to their latest regulatory filings, with 101 funds opening new positions, 175 increasing their positions, 337 reducing their positions, and 53 closing their positions.
91% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 53
34% more capital invested
Capital invested by funds: $18.3B → $24.5B (+$6.23B)
33% more funds holding in top 10
Funds holding in top 10: 18 → 24 (+6)
6% more funds holding
Funds holding: 676 → 719 (+43)
0.06% more ownership
Funds ownership: 93.15% → 93.21% (+0.06%)
14% less call options, than puts
Call options by funds: $695M | Put options by funds: $808M
48% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 337
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$577M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$259M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$256M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$168M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$166M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$124M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$123M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$115M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$101M |
AZO Hedge Fund Activity: Q2 2020 in Review
719 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q2 2020, worth a combined $24.5B — up 34% from $18.3B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new AZO positions and 53 closed out — a net gain of 48 holders — while 175 added to existing stakes and 337 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $577M. The largest seller was JP Morgan Chase, cutting an estimated $166M.
- 719 institutional investors held AutoZone (AZO) as of Q2 2020, up from 676 in Q1 2020.
- Funds reported $24.5B of AutoZone stock for Q2 2020, up 34% quarter-over-quarter.
- 101 funds opened new AutoZone positions in Q2 2020 and 53 closed out, a net change of +48 holders.
- The largest AutoZone buyer in Q2 2020 was Nordea Investment Management, an estimated $577M added.
- The largest AutoZone seller in Q2 2020 was JP Morgan Chase, an estimated $166M sold.
Based on aggregated 13F filings for Q2 2020.