AutoZone
596 hedge funds and large institutions have $16.5B invested in AutoZone in 2018 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 194 increasing their positions, 217 reducing their positions, and 52 closing their positions.
31% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 52
19% more call options, than puts
Call options by funds: $698M | Put options by funds: $588M
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
2% more funds holding
Funds holding: 582 → 596 (+14)
1.44% more ownership
Funds ownership: 91.75% → 93.18% (+1.4%)
3% more capital invested
Capital invested by funds: $16B → $16.5B (+$496M)
11% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 217
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$155M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$116M |
| 3 |
JP Morgan Chase
New York
|
+$101M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$98M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$85.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$241M |
| 2 |
Millennium Management
New York
|
-$139M |
| 3 |
Lazard Asset Management
New York
|
-$112M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$88.9M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$60.5M |
AZO Hedge Fund Activity: Q2 2018 in Review
596 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q2 2018, worth a combined $16.5B — up 3.1% from $16B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new AZO positions and 52 closed out — a net gain of 16 holders — while 194 added to existing stakes and 217 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $155M. The largest seller was Vulcan Value Partners, cutting an estimated $241M.
- 596 institutional investors held AutoZone (AZO) as of Q2 2018, up from 582 in Q1 2018.
- Funds reported $16.5B of AutoZone stock for Q2 2018, up 3.1% quarter-over-quarter.
- 68 funds opened new AutoZone positions in Q2 2018 and 52 closed out, a net change of +16 holders.
- The largest AutoZone buyer in Q2 2018 was AllianceBernstein, an estimated $155M added.
- The largest AutoZone seller in Q2 2018 was Vulcan Value Partners, an estimated $241M sold.
Based on aggregated 13F filings for Q2 2018.