AutoZone
677 hedge funds and large institutions have $18.3B invested in AutoZone in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 207 increasing their positions, 291 reducing their positions, and 132 closing their positions.
2% more call options, than puts
Call options by funds: $622M | Put options by funds: $609M
0.3% more ownership
Funds ownership: 92.85% → 93.15% (+0.3%)
9% less funds holding
Funds holding: 748 → 677 (-71)
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
29% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 291
29% less capital invested
Capital invested by funds: $25.9B → $18.3B (-$7.62B)
47% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$654M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$368M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$359M |
| 4 |
DCP
D1 Capital Partners
New York
|
+$175M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$227M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$183M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$168M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$147M |
| 5 |
BlackRock
New York
|
-$144M |
AZO Hedge Fund Activity: Q1 2020 in Review
677 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q1 2020, worth a combined $18.3B — down 29% from $25.9B a quarter earlier.
Sellers outnumbered buyers: 132 funds closed out of AZO and 70 opened new positions — a net loss of 62 holders — while 291 trimmed existing stakes and 207 added.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $654M. The largest seller was Fidelity Investments, cutting an estimated $227M.
- 677 institutional investors held AutoZone (AZO) as of Q1 2020, down from 748 in Q4 2019.
- Funds reported $18.3B of AutoZone stock for Q1 2020, down 29% quarter-over-quarter.
- 70 funds opened new AutoZone positions in Q1 2020 and 132 closed out, a net change of -62 holders.
- The largest AutoZone buyer in Q1 2020 was Melvin Capital Management, an estimated $654M added.
- The largest AutoZone seller in Q1 2020 was Fidelity Investments, an estimated $227M sold.
Based on aggregated 13F filings for Q1 2020.