Group 1 Automotive
333 hedge funds and large institutions have $3.73B invested in Group 1 Automotive in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 91 increasing their positions, 140 reducing their positions, and 34 closing their positions.
378% more call options, than puts
Call options by funds: $82.9M | Put options by funds: $17.3M
41% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 34
12% more capital invested
Capital invested by funds: $3.32B → $3.73B (+$408M)
4% more funds holding
Funds holding: 321 → 333 (+12)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4.34% less ownership
Funds ownership: 106.55% → 102.2% (-4.3%)
35% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Conifer Management
New York
|
+$59.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$26.3M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$14.3M |
| 4 |
JP Morgan Chase
New York
|
+$14M |
| 5 |
Millennium Management
New York
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$110M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$40.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$23.3M |
| 4 |
BlackRock
New York
|
-$21.9M |
| 5 |
EC
Eminence Capital
New York
|
-$20.2M |
GPI Hedge Fund Activity: Q2 2023 in Review
333 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q2 2023, worth a combined $3.73B — up 12% from $3.32B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new GPI positions and 34 closed out — a net gain of 14 holders — while 91 added to existing stakes and 140 trimmed.
The largest buyer was Conifer Management, adding an estimated $59.6M. The largest seller was Envestnet Asset Management, cutting an estimated $110M.
- 333 institutional investors held Group 1 Automotive (GPI) as of Q2 2023, up from 321 in Q1 2023.
- Funds reported $3.73B of Group 1 Automotive stock for Q2 2023, up 12% quarter-over-quarter.
- 48 funds opened new Group 1 Automotive positions in Q2 2023 and 34 closed out, a net change of +14 holders.
- The largest Group 1 Automotive buyer in Q2 2023 was Conifer Management, an estimated $59.6M added.
- The largest Group 1 Automotive seller in Q2 2023 was Envestnet Asset Management, an estimated $110M sold.
Based on aggregated 13F filings for Q2 2023.