AutoZone
578 hedge funds and large institutions have $23B invested in AutoZone in 2015 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 189 increasing their positions, 219 reducing their positions, and 38 closing their positions.
111% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 38
7% more funds holding
Funds holding: 541 → 578 (+37)
5% more call options, than puts
Call options by funds: $519M | Put options by funds: $493M
1% more capital invested
Capital invested by funds: $22.8B → $23B (+$242M)
0.15% less ownership
Funds ownership: 94.28% → 94.12% (-0.15%)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
14% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 219
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$196M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$113M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$69.7M |
| 4 |
Renaissance Technologies
New York
|
+$65.6M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$61.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$279M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$163M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$98.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$89.5M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$87.5M |
AZO Hedge Fund Activity: Q4 2015 in Review
578 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q4 2015, worth a combined $23B — up 1.1% from $22.8B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new AZO positions and 38 closed out — a net gain of 42 holders — while 189 added to existing stakes and 219 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $196M. The largest seller was T. Rowe Price Associates, cutting an estimated $279M.
- 578 institutional investors held AutoZone (AZO) as of Q4 2015, up from 541 in Q3 2015.
- Funds reported $23B of AutoZone stock for Q4 2015, up 1.1% quarter-over-quarter.
- 80 funds opened new AutoZone positions in Q4 2015 and 38 closed out, a net change of +42 holders.
- The largest AutoZone buyer in Q4 2015 was Fidelity Investments, an estimated $196M added.
- The largest AutoZone seller in Q4 2015 was T. Rowe Price Associates, an estimated $279M sold.
Based on aggregated 13F filings for Q4 2015.