Group 1 Automotive
365 hedge funds and large institutions have $4.26B invested in Group 1 Automotive in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 105 increasing their positions, 154 reducing their positions, and 34 closing their positions.
439% more call options, than puts
Call options by funds: $114M | Put options by funds: $21M
68% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 34
11% more capital invested
Capital invested by funds: $3.85B → $4.26B (+$417M)
5% more funds holding
Funds holding: 346 → 365 (+19)
0.62% less ownership
Funds ownership: 101.85% → 101.24% (-0.62%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
32% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$22M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$19M |
| 3 |
Millennium Management
New York
|
+$13.5M |
| 4 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$11.3M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$9.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$25.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$18.9M |
| 3 |
1WCM
12 West Capital Management
New York
|
-$17.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.4M |
GPI Hedge Fund Activity: Q4 2023 in Review
365 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Group 1 Automotive (GPI) for Q4 2023, worth a combined $4.26B — up 11% from $3.85B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new GPI positions and 34 closed out — a net gain of 23 holders — while 105 added to existing stakes and 154 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $22M. The largest seller was Park West Asset Management, cutting an estimated $25.9M.
- 365 institutional investors held Group 1 Automotive (GPI) as of Q4 2023, up from 346 in Q3 2023.
- Funds reported $4.26B of Group 1 Automotive stock for Q4 2023, up 11% quarter-over-quarter.
- 57 funds opened new Group 1 Automotive positions in Q4 2023 and 34 closed out, a net change of +23 holders.
- The largest Group 1 Automotive buyer in Q4 2023 was Hennessy Advisors Inc, an estimated $22M added.
- The largest Group 1 Automotive seller in Q4 2023 was Park West Asset Management, an estimated $25.9M sold.
Based on aggregated 13F filings for Q4 2023.