AutoZone
705 hedge funds and large institutions have $24B invested in AutoZone in 2019 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 238 increasing their positions, 263 reducing their positions, and 52 closing their positions.
104% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 52
22% more capital invested
Capital invested by funds: $19.7B → $24B (+$4.3B)
7% more funds holding
Funds holding: 657 → 705 (+48)
0.17% more ownership
Funds ownership: 94.09% → 94.27% (+0.17%)
10% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 263
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
17% less call options, than puts
Call options by funds: $569M | Put options by funds: $685M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$155M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$119M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$114M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$96.5M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$95.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$194M |
| 2 |
Millennium Management
New York
|
-$189M |
| 3 |
Goldman Sachs
New York
|
-$186M |
| 4 |
JP Morgan Chase
New York
|
-$157M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$121M |
AZO Hedge Fund Activity: Q1 2019 in Review
705 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q1 2019, worth a combined $24B — up 22% from $19.7B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new AZO positions and 52 closed out — a net gain of 54 holders — while 238 added to existing stakes and 263 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $155M. The largest seller was Burgundy Asset Management, cutting an estimated $194M.
- 705 institutional investors held AutoZone (AZO) as of Q1 2019, up from 657 in Q4 2018.
- Funds reported $24B of AutoZone stock for Q1 2019, up 22% quarter-over-quarter.
- 106 funds opened new AutoZone positions in Q1 2019 and 52 closed out, a net change of +54 holders.
- The largest AutoZone buyer in Q1 2019 was Boston Partners, an estimated $155M added.
- The largest AutoZone seller in Q1 2019 was Burgundy Asset Management, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2019.