Group 1 Automotive
321 hedge funds and large institutions have $3.32B invested in Group 1 Automotive in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 83 increasing their positions, 145 reducing their positions, and 33 closing their positions.
119% more call options, than puts
Call options by funds: $58.8M | Put options by funds: $26.9M
38% more capital invested
Capital invested by funds: $2.4B → $3.32B (+$920M)
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
15.15% more ownership
Funds ownership: 91.4% → 106.55% (+15%)
2% more funds holding
Funds holding: 315 → 321 (+6)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
43% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 145
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$102M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$48.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$23.4M |
| 5 |
CM
Conifer Management
New York
|
+$23.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$16.8M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$16.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.8M |
| 4 |
Morgan Stanley
New York
|
-$15.6M |
| 5 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
-$11.9M |
GPI Hedge Fund Activity: Q1 2023 in Review
321 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q1 2023, worth a combined $3.32B — up 38% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new GPI positions and 33 closed out — a net gain of 8 holders — while 83 added to existing stakes and 145 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $102M. The largest seller was Skandinaviska Enskilda Banken (SEB), cutting an estimated $16.8M.
- 321 institutional investors held Group 1 Automotive (GPI) as of Q1 2023, up from 315 in Q4 2022.
- Funds reported $3.32B of Group 1 Automotive stock for Q1 2023, up 38% quarter-over-quarter.
- 41 funds opened new Group 1 Automotive positions in Q1 2023 and 33 closed out, a net change of +8 holders.
- The largest Group 1 Automotive buyer in Q1 2023 was Envestnet Asset Management, an estimated $102M added.
- The largest Group 1 Automotive seller in Q1 2023 was Skandinaviska Enskilda Banken (SEB), an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2023.