AutoZone
709 hedge funds and large institutions have $24.8B invested in AutoZone in 2020 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 229 increasing their positions, 294 reducing their positions, and 68 closing their positions.
1% more capital invested
Capital invested by funds: $24.5B → $24.8B (+$280M)
7% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 68
2% less funds holding
Funds holding: 720 → 709 (-11)
2.89% less ownership
Funds ownership: 93.17% → 90.28% (-2.9%)
4% less funds holding in top 10
Funds holding in top 10: 24 → 23 (-1)
22% less repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 294
25% less call options, than puts
Call options by funds: $811M | Put options by funds: $1.08B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$291M |
| 2 |
Renaissance Technologies
New York
|
+$99.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$88.7M |
| 4 |
JCM
Junto Capital Management
New York
|
+$87.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$86.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$611M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$543M |
| 3 |
DCP
D1 Capital Partners
New York
|
-$112M |
| 4 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
-$104M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$68.2M |
AZO Hedge Fund Activity: Q3 2020 in Review
709 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q3 2020, worth a combined $24.8B — up 1.1% from $24.5B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of AZO and 63 opened new positions — a net loss of 5 holders — while 294 trimmed existing stakes and 229 added.
The largest buyer was Wellington Management Group, adding an estimated $291M. The largest seller was Nordea Investment Management, cutting an estimated $611M.
- 709 institutional investors held AutoZone (AZO) as of Q3 2020, down from 720 in Q2 2020.
- Funds reported $24.8B of AutoZone stock for Q3 2020, up 1.1% quarter-over-quarter.
- 63 funds opened new AutoZone positions in Q3 2020 and 68 closed out, a net change of -5 holders.
- The largest AutoZone buyer in Q3 2020 was Wellington Management Group, an estimated $291M added.
- The largest AutoZone seller in Q3 2020 was Nordea Investment Management, an estimated $611M sold.
Based on aggregated 13F filings for Q3 2020.