AutoZone
1,034 hedge funds and large institutions have $41.7B invested in AutoZone in 2023 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 338 increasing their positions, 410 reducing their positions, and 74 closing their positions.
14% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 74
9.71% more ownership
Funds ownership: 89.93% → 99.64% (+9.7%)
0% less capital invested
Capital invested by funds: $41.9B → $41.7B (-$208M)
1% less funds holding
Funds holding: 1,046 → 1,034 (-12)
17% less funds holding in top 10
Funds holding in top 10: 52 → 43 (-9)
18% less repeat investments, than reductions
Existing positions increased: 338 | Existing positions reduced: 410
27% less call options, than puts
Call options by funds: $664M | Put options by funds: $908M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.33B |
| 2 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$234M |
| 3 |
Amundi
Paris,
France
|
+$153M |
| 4 |
Parnassus Investments
San Francisco,
California
|
+$149M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$279M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$127M |
| 3 |
Renaissance Technologies
New York
|
-$126M |
| 4 |
Man Group
London,
United Kingdom
|
-$114M |
| 5 |
Goldman Sachs
New York
|
-$113M |
AZO Hedge Fund Activity: Q1 2023 in Review
1,034 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q1 2023, worth a combined $41.7B — down 0.5% from $41.9B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new AZO positions and 74 closed out — a net gain of 10 holders — while 338 added to existing stakes and 410 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $3.33B. The largest seller was JP Morgan Chase, cutting an estimated $279M.
- 1,034 institutional investors held AutoZone (AZO) as of Q1 2023, down from 1,046 in Q4 2022.
- Funds reported $41.7B of AutoZone stock for Q1 2023, down 0.5% quarter-over-quarter.
- 84 funds opened new AutoZone positions in Q1 2023 and 74 closed out, a net change of +10 holders.
- The largest AutoZone buyer in Q1 2023 was Envestnet Asset Management, an estimated $3.33B added.
- The largest AutoZone seller in Q1 2023 was JP Morgan Chase, an estimated $279M sold.
Based on aggregated 13F filings for Q1 2023.