Group 1 Automotive
193 hedge funds and large institutions have $1.41B invested in Group 1 Automotive in 2018 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 59 reducing their positions, and 38 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 59
1.19% more ownership
Funds ownership: 102.04% → 103.24% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $1.51B → $1.41B (-$100M)
8% less funds holding
Funds holding: 209 → 193 (-16)
25% less call options, than puts
Call options by funds: $9.67M | Put options by funds: $12.9M
34% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.5M |
| 2 |
Morgan Stanley
New York
|
+$22.6M |
| 3 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$18.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$7.13M |
| 5 |
Bank of New York Mellon
New York
|
+$6.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.5M |
| 2 |
Millennium Management
New York
|
-$12.2M |
| 3 |
CGA
Crescent Grove Advisors
Lake Forest,
Illinois
|
-$9.87M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$9.37M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$4.32M |
GPI Hedge Fund Activity: Q1 2018 in Review
193 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q1 2018, worth a combined $1.41B — down 6.6% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of GPI and 25 opened new positions — a net loss of 13 holders — while 59 trimmed existing stakes and 72 added.
The largest buyer was BlackRock, adding an estimated $25.5M. The largest seller was Adage Capital Partners, cutting an estimated $18.5M.
- 193 institutional investors held Group 1 Automotive (GPI) as of Q1 2018, down from 209 in Q4 2017.
- Funds reported $1.41B of Group 1 Automotive stock for Q1 2018, down 6.6% quarter-over-quarter.
- 25 funds opened new Group 1 Automotive positions in Q1 2018 and 38 closed out, a net change of -13 holders.
- The largest Group 1 Automotive buyer in Q1 2018 was BlackRock, an estimated $25.5M added.
- The largest Group 1 Automotive seller in Q1 2018 was Adage Capital Partners, an estimated $18.5M sold.
Based on aggregated 13F filings for Q1 2018.