AutoZone
576 hedge funds and large institutions have $20B invested in AutoZone in 2017 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 198 increasing their positions, 224 reducing their positions, and 76 closing their positions.
16% more call options, than puts
Call options by funds: $700M | Put options by funds: $601M
0.29% less ownership
Funds ownership: 97.66% → 97.37% (-0.29%)
3% less funds holding
Funds holding: 596 → 576 (-20)
9% less capital invested
Capital invested by funds: $22B → $20B (-$2B)
12% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 224
12% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 76
29% less funds holding in top 10
Funds holding in top 10: 24 → 17 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.45B |
| 2 |
O
OppenheimerFunds
New York
|
+$261M |
| 3 |
SIG
Senator Investment Group
New York
|
+$222M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$117M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$401M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$166M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$148M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$145M |
| 5 |
Two Sigma Advisers
New York
|
-$110M |
AZO Hedge Fund Activity: Q1 2017 in Review
576 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q1 2017, worth a combined $20B — down 9.1% from $22B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of AZO and 67 opened new positions — a net loss of 9 holders — while 224 trimmed existing stakes and 198 added.
The largest buyer was BlackRock, adding an estimated $1.45B. The largest seller was Fidelity Investments, cutting an estimated $401M.
- 576 institutional investors held AutoZone (AZO) as of Q1 2017, down from 596 in Q4 2016.
- Funds reported $20B of AutoZone stock for Q1 2017, down 9.1% quarter-over-quarter.
- 67 funds opened new AutoZone positions in Q1 2017 and 76 closed out, a net change of -9 holders.
- The largest AutoZone buyer in Q1 2017 was BlackRock, an estimated $1.45B added.
- The largest AutoZone seller in Q1 2017 was Fidelity Investments, an estimated $401M sold.
Based on aggregated 13F filings for Q1 2017.