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AutoZone

571 hedge funds and large institutions have $21.2B invested in AutoZone in 2016 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 178 increasing their positions, 233 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $933M | Put options by funds: $580M

12% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 49

5% more funds holding in top 10

Funds holding in top 10: 2122 (+1)

0% more funds holding

Funds holding: 571571 (0)

1.13% less ownership

Funds ownership: 96.79%95.66% (-1.1%)

6% less capital invested

Capital invested by funds: $22.4B → $21.2B (-$1.27B)

24% less repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 233

Holders
571
Holders Change
Holders Change %
0%
% of All Funds
15.23%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.59%
New
55
Increased
178
Reduced
233
Closed
49
Calls
$933M
Puts
$580M
Net Calls
+$354M
Net Calls Change
+$321M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$2.57B -$6.31M -8,108 -0.2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$2.33B -$332M -426,804 -12%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.4B +$5.04M +6,478 +0.4%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$1.21B -$110M -141,761 -8%
State Street
5
State Street
Massachusetts
$936M +$6.53M +8,390 +0.7%
BIT
6
BlackRock Institutional Trust
California
$660M -$7.43M -9,550 -1%
Nordea Investment Management
7
Nordea Investment Management
Sweden
$597M +$15.8M +20,265 +3%
BFA
8
BlackRock Fund Advisors
California
$521M +$5.51M +7,080 +1%
Bank of America
9
Bank of America
North Carolina
$437M -$383M -491,472 -46%
JP Morgan Chase
10
JP Morgan Chase
New York
$373M -$9.75M -12,530 -3%
Principal Financial Group
11
Principal Financial Group
Iowa
$310M +$7.34M +9,433 +2%
Northern Trust
12
Northern Trust
Illinois
$280M -$2.11M -2,714 -0.7%
JHIU
13
Janus Henderson Investors US
Colorado
$243M -$88.7M -113,950 -26%
Fiera Capital (Canada)
14
Fiera Capital (Canada)
Quebec, Canada
$239M +$18.3M +23,516 +8%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$223M +$150M +193,200 +199%
Deutsche Bank
16
Deutsche Bank
Germany
$221M +$7.4M +9,504 +3%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$216M -$14.2M -18,228 -6%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$211M -$3.4M -4,367 -2%
BG
19
BlackRock Group
United Kingdom
$210M -$18.8M -24,141 -8%
BAM
20
Burgundy Asset Management
Ontario, Canada
$205M +$8.44M +10,842 +4%
Norges Bank
21
Norges Bank
Norway
$199M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$194M +$4.16M +5,344 +2%
O
23
OppenheimerFunds
New York
$174M +$385K +494 +0.2%
Invesco
24
Invesco
Georgia
$174M -$3.69M -4,746 -2%
NSCM
25
New South Capital Management
Tennessee
$165M +$3.49M +4,488 +2%

AZO Hedge Fund Activity: Q3 2016 in Review

571 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q3 2016, worth a combined $21.2B — down 5.7% from $22.4B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new AZO positions and 49 closed out — a net gain of 6 holders — while 178 added to existing stakes and 233 trimmed.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $150M. The largest seller was Bank of America, cutting an estimated $383M.

  • 571 institutional investors held AutoZone (AZO) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $21.2B of AutoZone stock for Q3 2016, down 5.7% quarter-over-quarter.
  • 55 funds opened new AutoZone positions in Q3 2016 and 49 closed out, a net change of +6 holders.
  • The largest AutoZone buyer in Q3 2016 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $150M added.
  • The largest AutoZone seller in Q3 2016 was Bank of America, an estimated $383M sold.

Based on aggregated 13F filings for Q3 2016.