Group 1 Automotive
156 hedge funds and large institutions have $1.85B invested in Group 1 Automotive in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 58 reducing their positions, and 41 closing their positions.
1.64% more ownership
Funds ownership: 105.5% → 107.15% (+1.6%)
9% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 58
7% less capital invested
Capital invested by funds: $2B → $1.85B (-$146M)
13% less funds holding
Funds holding: 180 → 156 (-24)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
59% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 41
59% less call options, than puts
Call options by funds: $5.11M | Put options by funds: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$44.8M |
| 2 |
EC
Eminence Capital
New York
|
+$33.8M |
| 3 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
+$18.5M |
| 4 |
LCM
Lakewood Capital Management
New York
|
+$18.1M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$30M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$16.1M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$15.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
GPI Hedge Fund Activity: Q4 2013 in Review
156 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q4 2013, worth a combined $1.85B — down 7.3% from $2B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of GPI and 17 opened new positions — a net loss of 24 holders — while 58 trimmed existing stakes and 63 added.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $44.8M. The largest seller was Ranger Investment Management, cutting an estimated $30M.
- 156 institutional investors held Group 1 Automotive (GPI) as of Q4 2013, down from 180 in Q3 2013.
- Funds reported $1.85B of Group 1 Automotive stock for Q4 2013, down 7.3% quarter-over-quarter.
- 17 funds opened new Group 1 Automotive positions in Q4 2013 and 41 closed out, a net change of -24 holders.
- The largest Group 1 Automotive buyer in Q4 2013 was Cambiar Investors, an estimated $44.8M added.
- The largest Group 1 Automotive seller in Q4 2013 was Ranger Investment Management, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2013.