AutoZone
1,041 hedge funds and large institutions have $41.8B invested in AutoZone in 2023 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 327 increasing their positions, 403 reducing their positions, and 85 closing their positions.
9% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 85
0% more capital invested
Capital invested by funds: $41.7B → $41.8B (+$125M)
0% less funds holding
Funds holding: 1,044 → 1,041 (-3)
5% less call options, than puts
Call options by funds: $1.21B | Put options by funds: $1.27B
1.59% less ownership
Funds ownership: 92.12% → 90.53% (-1.6%)
4% less funds holding in top 10
Funds holding in top 10: 47 → 45 (-2)
19% less repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 403
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$443M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$309M |
| 3 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$300M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$298M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$773M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$239M |
| 3 |
Holocene Advisors
New York
|
-$170M |
| 4 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
-$132M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$111M |
AZO Hedge Fund Activity: Q3 2023 in Review
1,041 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q3 2023, worth a combined $41.8B — up 0.3% from $41.7B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new AZO positions and 85 closed out — a net gain of 8 holders — while 327 added to existing stakes and 403 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $443M. The largest seller was Fidelity Investments, cutting an estimated $773M.
- 1,041 institutional investors held AutoZone (AZO) as of Q3 2023, down from 1,044 in Q2 2023.
- Funds reported $41.8B of AutoZone stock for Q3 2023, up 0.3% quarter-over-quarter.
- 93 funds opened new AutoZone positions in Q3 2023 and 85 closed out, a net change of +8 holders.
- The largest AutoZone buyer in Q3 2023 was Wellington Management Group, an estimated $443M added.
- The largest AutoZone seller in Q3 2023 was Fidelity Investments, an estimated $773M sold.
Based on aggregated 13F filings for Q3 2023.