Group 1 Automotive
192 hedge funds and large institutions have $1.03B invested in Group 1 Automotive in 2016 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 63 increasing their positions, 64 reducing their positions, and 29 closing their positions.
28% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 29
4.28% more ownership
Funds ownership: 90.37% → 94.65% (+4.3%)
3% more funds holding
Funds holding: 186 → 192 (+6)
2% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 64
17% less capital invested
Capital invested by funds: $1.24B → $1.03B (-$211M)
30% less call options, than puts
Call options by funds: $4.3M | Put options by funds: $6.15M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$22.9M |
| 2 |
O
OppenheimerFunds
New York
|
+$20.1M |
| 3 |
LCM
Lakewood Capital Management
New York
|
+$9.96M |
| 4 |
Morgan Stanley
New York
|
+$9.54M |
| 5 |
TC
Towle & Co
Denver,
Colorado
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$37.1M |
| 2 |
Renaissance Technologies
New York
|
-$11.8M |
| 3 |
EC
Eminence Capital
New York
|
-$10.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.54M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.99M |
GPI Hedge Fund Activity: Q2 2016 in Review
192 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q2 2016, worth a combined $1.03B — down 17% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GPI positions and 29 closed out — a net gain of 8 holders — while 63 added to existing stakes and 64 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $22.9M. The largest seller was Allianz Asset Management, cutting an estimated $37.1M.
- 192 institutional investors held Group 1 Automotive (GPI) as of Q2 2016, up from 186 in Q1 2016.
- Funds reported $1.03B of Group 1 Automotive stock for Q2 2016, down 17% quarter-over-quarter.
- 37 funds opened new Group 1 Automotive positions in Q2 2016 and 29 closed out, a net change of +8 holders.
- The largest Group 1 Automotive buyer in Q2 2016 was Adage Capital Partners, an estimated $22.9M added.
- The largest Group 1 Automotive seller in Q2 2016 was Allianz Asset Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q2 2016.