Group 1 Automotive
177 hedge funds and large institutions have $2.2B invested in Group 1 Automotive in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 51 increasing their positions, 67 reducing their positions, and 10 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
260% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 10
167% more call options, than puts
Call options by funds: $21.7M | Put options by funds: $8.12M
30% more capital invested
Capital invested by funds: $1.69B → $2.2B (+$512M)
16% more funds holding
Funds holding: 152 → 177 (+25)
1.73% more ownership
Funds ownership: 106.09% → 107.82% (+1.7%)
24% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$55.7M |
| 2 |
NMVA
New Mountain Vantage Advisers
New York
|
+$27.5M |
| 3 |
PCM
Palestra Capital Management
New York
|
+$25M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$18.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$41.2M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.3M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$21.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$19.8M |
| 5 |
JP Morgan Chase
New York
|
-$13.5M |
GPI Hedge Fund Activity: Q2 2014 in Review
177 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q2 2014, worth a combined $2.2B — up 30% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GPI positions and 10 closed out — a net gain of 26 holders — while 51 added to existing stakes and 67 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $55.7M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $41.2M sold.
- 177 institutional investors held Group 1 Automotive (GPI) as of Q2 2014, up from 152 in Q1 2014.
- Funds reported $2.2B of Group 1 Automotive stock for Q2 2014, up 30% quarter-over-quarter.
- 36 funds opened new Group 1 Automotive positions in Q2 2014 and 10 closed out, a net change of +26 holders.
- The largest Group 1 Automotive buyer in Q2 2014 was Glenview Capital Management, an estimated $55.7M added.
- The largest Group 1 Automotive seller in Q2 2014 was Chartwell Investment Partners, an estimated $41.2M sold.
Based on aggregated 13F filings for Q2 2014.