Group 1 Automotive
164 hedge funds and large institutions have $1.77B invested in Group 1 Automotive in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 69 reducing their positions, and 33 closing their positions.
7% less funds holding
Funds holding: 177 → 164 (-13)
7.74% less ownership
Funds ownership: 107.82% → 100.08% (-7.7%)
20% less capital invested
Capital invested by funds: $2.2B → $1.77B (-$435M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 69
29% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $14.8M
33% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$84M |
| 2 |
NMVA
New Mountain Vantage Advisers
New York
|
+$20.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.56M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.74M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$50.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$30.8M |
| 3 |
PCM
Palestra Capital Management
New York
|
-$28.2M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$25M |
| 5 |
JP Morgan Chase
New York
|
-$23M |
GPI Hedge Fund Activity: Q3 2014 in Review
164 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q3 2014, worth a combined $1.77B — down 20% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of GPI and 22 opened new positions — a net loss of 11 holders — while 69 trimmed existing stakes and 50 added.
The largest buyer was Glenview Capital Management, adding an estimated $84M. The largest seller was Bank of America, cutting an estimated $50.8M.
- 164 institutional investors held Group 1 Automotive (GPI) as of Q3 2014, down from 177 in Q2 2014.
- Funds reported $1.77B of Group 1 Automotive stock for Q3 2014, down 20% quarter-over-quarter.
- 22 funds opened new Group 1 Automotive positions in Q3 2014 and 33 closed out, a net change of -11 holders.
- The largest Group 1 Automotive buyer in Q3 2014 was Glenview Capital Management, an estimated $84M added.
- The largest Group 1 Automotive seller in Q3 2014 was Bank of America, an estimated $50.8M sold.
Based on aggregated 13F filings for Q3 2014.