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AutoZone

655 hedge funds and large institutions have $19.5B invested in AutoZone in 2018 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 189 increasing their positions, 242 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 57

67% more funds holding in top 10

Funds holding in top 10: 1525 (+10)

15% more call options, than puts

Call options by funds: $908M | Put options by funds: $791M

11% more funds holding

Funds holding: 589655 (+66)

6% more capital invested

Capital invested by funds: $18.5B → $19.5B (+$1.02B)

1.28% more ownership

Funds ownership: 92.75%94.03% (+1.3%)

22% less repeat investments, than reductions

Existing positions increased: 189 | Existing positions reduced: 242

Holders
655
Holders Change
+66
Holders Change %
+11.21%
% of All Funds
14.59%
Holding in Top 10
25
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+66.67%
% of All Funds
0.56%
New
127
Increased
189
Reduced
242
Closed
57
Calls
$908M
Puts
$791M
Net Calls
+$117M
Net Calls Change
+$101M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.93B -$34.9M -43,547 -2%
BlackRock
2
BlackRock
New York
$1.58B +$11.4M +14,276 +0.8%
JP Morgan Chase
3
JP Morgan Chase
New York
$1.57B -$129M -160,826 -8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.18B +$39.8M +49,662 +4%
State Street
5
State Street
Massachusetts
$940M -$34.8M -43,398 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
6
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$529M -$114M -142,800 -18%
Nordea Investment Management
7
Nordea Investment Management
Sweden
$456M -$113M -141,528 -21%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$394M -$9.67M -12,067 -3%
BAM
9
Burgundy Asset Management
Ontario, Canada
$373M -$137M -170,815 -28%
Invesco
10
Invesco
Georgia
$340M +$931K +1,161 +0.3%
AllianceBernstein
11
AllianceBernstein
Tennessee
$313M -$46.6M -58,110 -13%
Goldman Sachs
12
Goldman Sachs
New York
$304M +$75.2M +93,817 +35%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$296M +$11.8M +14,661 +4%
Northern Trust
14
Northern Trust
Illinois
$254M -$4.6M -5,740 -2%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$242M -$80.5M -100,374 -26%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$228M +$193M +240,565 +766%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$219M +$92M +114,743 +79%
Norges Bank
18
Norges Bank
Norway
$209M
Deutsche Bank
19
Deutsche Bank
Germany
$205M -$58.4M -72,910 -23%
Millennium Management
20
Millennium Management
New York
$178M +$143M +177,997 +521%
IAM
21
Iridian Asset Management
Connecticut
$168M +$161M +200,277 New
Bank of New York Mellon
22
Bank of New York Mellon
New York
$162M -$9.37M -11,696 -6%
NSCM
23
New South Capital Management
Tennessee
$152M -$11.6M -14,483 -7%
First Manhattan
24
First Manhattan
New York
$151M +$5.26M +6,565 +4%
TBC
25
Tweedy, Browne Co
Connecticut
$149M -$564K -704 -0.4%

AZO Hedge Fund Activity: Q4 2018 in Review

655 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q4 2018, worth a combined $19.5B — up 5.5% from $18.5B a quarter earlier.

Buyers outnumbered sellers: 127 funds opened new AZO positions and 57 closed out — a net gain of 70 holders — while 189 added to existing stakes and 242 trimmed.

The largest buyer was Two Sigma Advisers, adding an estimated $193M. The largest seller was Lazard Asset Management, cutting an estimated $264M.

  • 655 institutional investors held AutoZone (AZO) as of Q4 2018, up from 589 in Q3 2018.
  • Funds reported $19.5B of AutoZone stock for Q4 2018, up 5.5% quarter-over-quarter.
  • 127 funds opened new AutoZone positions in Q4 2018 and 57 closed out, a net change of +70 holders.
  • The largest AutoZone buyer in Q4 2018 was Two Sigma Advisers, an estimated $193M added.
  • The largest AutoZone seller in Q4 2018 was Lazard Asset Management, an estimated $264M sold.

Based on aggregated 13F filings for Q4 2018.