Genuine Parts
1,167 hedge funds and large institutions have $18.6B invested in Genuine Parts in 2023 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 420 increasing their positions, 431 reducing their positions, and 88 closing their positions.
86% more call options, than puts
Call options by funds: $74.1M | Put options by funds: $39.7M
17% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 88
2.51% more ownership
Funds ownership: 79.74% → 82.25% (+2.5%)
1% less funds holding
Funds holding: 1,173 → 1,167 (-6)
3% less repeat investments, than reductions
Existing positions increased: 420 | Existing positions reduced: 431
8% less capital invested
Capital invested by funds: $20.2B → $18.6B (-$1.54B)
41% less funds holding in top 10
Funds holding in top 10: 17 → 10 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$434M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$431M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$121M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$111M |
| 5 |
Millennium Management
New York
|
+$97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$543M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$184M |
| 3 |
BlackRock
New York
|
-$165M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$120M |
| 5 |
Man Group
London,
United Kingdom
|
-$82.5M |
GPC Hedge Fund Activity: Q1 2023 in Review
1,167 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Genuine Parts (GPC) for Q1 2023, worth a combined $18.6B — down 7.6% from $20.2B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new GPC positions and 88 closed out — a net gain of 15 holders — while 420 added to existing stakes and 431 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $434M. The largest seller was Charles Schwab, cutting an estimated $543M.
- 1,167 institutional investors held Genuine Parts (GPC) as of Q1 2023, down from 1,173 in Q4 2022.
- Funds reported $18.6B of Genuine Parts stock for Q1 2023, down 7.6% quarter-over-quarter.
- 103 funds opened new Genuine Parts positions in Q1 2023 and 88 closed out, a net change of +15 holders.
- The largest Genuine Parts buyer in Q1 2023 was Envestnet Asset Management, an estimated $434M added.
- The largest Genuine Parts seller in Q1 2023 was Charles Schwab, an estimated $543M sold.
Based on aggregated 13F filings for Q1 2023.