AutoZone
AZO
1,109 hedge funds and large institutions have $41.6B invested in AutoZone in 2023 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 327 increasing their positions, 408 reducing their positions, and 72 closing their positions.
115% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 72
7% more funds holding
Funds holding: 1,041 → 1,109 (+68)
2.64% more ownership
Funds ownership: 90.53% → 93.17% (+2.6%)
0% less capital invested
Capital invested by funds: $41.8B → $41.6B (-$186M)
20% less repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 408
22% less funds holding in top 10
Funds holding in top 10: 45 → 35 (-10)
25% less call options, than puts
Call options by funds: $1.09B | Put options by funds: $1.44B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$153M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$151M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$145M |
| 4 |
Renaissance Technologies
New York
|
+$138M |
| 5 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$370M |
| 2 |
JP Morgan Chase
New York
|
-$293M |
| 3 |
BlackRock
New York
|
-$154M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$143M |
| 5 |
SC
Samlyn Capital
New York
|
-$132M |
AZO Hedge Fund Activity: Q4 2023 in Review
1,109 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in AutoZone (AZO) for Q4 2023, worth a combined $41.6B — down 0.45% from $41.8B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new AZO positions and 72 closed out — a net gain of 83 holders — while 327 added to existing stakes and 408 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $153M. The largest seller was Fidelity Investments, cutting an estimated $370M.
- 1,109 institutional investors held AutoZone (AZO) as of Q4 2023, up from 1,041 in Q3 2023.
- Funds reported $41.6B of AutoZone stock for Q4 2023, down 0.45% quarter-over-quarter.
- 155 funds opened new AutoZone positions in Q4 2023 and 72 closed out, a net change of +83 holders.
- The largest AutoZone buyer in Q4 2023 was Parnassus Investments, an estimated $153M added.
- The largest AutoZone seller in Q4 2023 was Fidelity Investments, an estimated $370M sold.
Based on aggregated 13F filings for Q4 2023.