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.
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: 22 → 24 (+2)
4% more funds holding
Funds holding: 571 → 596 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$388M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$172M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$139M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$128M |
| 5 |
O
OppenheimerFunds
New York
|
+$87.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$571M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$224M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$204M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$165M |
| 5 |
SG Americas Securities
New York
|
-$74.3M |
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.