Group 1 Automotive
186 hedge funds and large institutions have $1.24B invested in Group 1 Automotive in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 80 increasing their positions, 54 reducing their positions, and 54 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 54
2.11% less ownership
Funds ownership: 92.47% → 90.37% (-2.1%)
12% less funds holding
Funds holding: 211 → 186 (-25)
25% less capital invested
Capital invested by funds: $1.66B → $1.24B (-$414M)
46% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 54
49% less call options, than puts
Call options by funds: $5.18M | Put options by funds: $10.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$25.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$22.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$13.4M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$11.6M |
| 5 |
Morgan Stanley
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$134M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.6M |
| 3 |
NMVA
New Mountain Vantage Advisers
New York
|
-$16.3M |
| 4 |
EC
Eminence Capital
New York
|
-$12.4M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$11.5M |
GPI Hedge Fund Activity: Q1 2016 in Review
186 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q1 2016, worth a combined $1.24B — down 25% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of GPI and 29 opened new positions — a net loss of 25 holders — while 54 trimmed existing stakes and 80 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $25.4M. The largest seller was Glenview Capital Management, exiting entirely with an estimated $134M sold.
- 186 institutional investors held Group 1 Automotive (GPI) as of Q1 2016, down from 211 in Q4 2015.
- Funds reported $1.24B of Group 1 Automotive stock for Q1 2016, down 25% quarter-over-quarter.
- 29 funds opened new Group 1 Automotive positions in Q1 2016 and 54 closed out, a net change of -25 holders.
- The largest Group 1 Automotive buyer in Q1 2016 was Adage Capital Partners, an estimated $25.4M added.
- The largest Group 1 Automotive seller in Q1 2016 was Glenview Capital Management, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2016.