Group 1 Automotive
152 hedge funds and large institutions have $1.69B invested in Group 1 Automotive in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 59 reducing their positions, and 21 closing their positions.
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
1.06% less ownership
Funds ownership: 107.15% → 106.09% (-1.1%)
3% less funds holding
Funds holding: 156 → 152 (-4)
9% less capital invested
Capital invested by funds: $1.85B → $1.69B (-$165M)
14% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 59
37% less call options, than puts
Call options by funds: $6.08M | Put options by funds: $9.59M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$19.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$18.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$17.4M |
| 4 |
Parnassus Investments
San Francisco,
California
|
+$17.1M |
| 5 |
PCM
Proxima Capital Management
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Amici Capital
New York
|
-$27.1M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$21.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$18.3M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$17.8M |
GPI Hedge Fund Activity: Q1 2014 in Review
152 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q1 2014, worth a combined $1.69B — down 8.9% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of GPI and 19 opened new positions — a net loss of 2 holders — while 59 trimmed existing stakes and 51 added.
The largest buyer was Eminence Capital, adding an estimated $19.8M. The largest seller was Amici Capital, exiting entirely with an estimated $27.1M sold.
- 152 institutional investors held Group 1 Automotive (GPI) as of Q1 2014, down from 156 in Q4 2013.
- Funds reported $1.69B of Group 1 Automotive stock for Q1 2014, down 8.9% quarter-over-quarter.
- 19 funds opened new Group 1 Automotive positions in Q1 2014 and 21 closed out, a net change of -2 holders.
- The largest Group 1 Automotive buyer in Q1 2014 was Eminence Capital, an estimated $19.8M added.
- The largest Group 1 Automotive seller in Q1 2014 was Amici Capital, an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2014.