AutoZone
AZO
1,045 hedge funds and large institutions have $41.7B invested in AutoZone in 2023 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 329 increasing their positions, 432 reducing their positions, and 77 closing their positions.
17% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 77
9% more funds holding in top 10
Funds holding in top 10: 43 → 47 (+4)
1% more funds holding
Funds holding: 1,034 → 1,045 (+11)
0% less capital invested
Capital invested by funds: $41.7B → $41.7B (-$27M)
7.48% less ownership
Funds ownership: 99.64% → 92.16% (-7.5%)
11% less call options, than puts
Call options by funds: $991M | Put options by funds: $1.11B
24% less repeat investments, than reductions
Existing positions increased: 329 | Existing positions reduced: 432
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$368M |
| 2 |
Parnassus Investments
San Francisco,
California
|
+$324M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$296M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$269M |
| 5 |
SC
Samlyn Capital
New York
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.49B |
| 2 |
BlackRock
New York
|
-$431M |
| 3 |
JP Morgan Chase
New York
|
-$426M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$224M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$203M |
AZO Hedge Fund Activity: Q2 2023 in Review
1,045 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q2 2023, worth a combined $41.7B — down 0.06% from $41.7B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new AZO positions and 77 closed out — a net gain of 13 holders — while 329 added to existing stakes and 432 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $368M. The largest seller was Envestnet Asset Management, cutting an estimated $3.49B.
- 1,045 institutional investors held AutoZone (AZO) as of Q2 2023, up from 1,034 in Q1 2023.
- Funds reported $41.7B of AutoZone stock for Q2 2023, down 0.06% quarter-over-quarter.
- 90 funds opened new AutoZone positions in Q2 2023 and 77 closed out, a net change of +13 holders.
- The largest AutoZone buyer in Q2 2023 was T. Rowe Price Associates, an estimated $368M added.
- The largest AutoZone seller in Q2 2023 was Envestnet Asset Management, an estimated $3.49B sold.
Based on aggregated 13F filings for Q2 2023.