Lithia Motors
229 hedge funds and large institutions have $2.11B invested in Lithia Motors in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 72 increasing their positions, 94 reducing their positions, and 49 closing their positions.
5.15% more ownership
Funds ownership: 105.86% → 111.01% (+5.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 251 → 229 (-22)
12% less capital invested
Capital invested by funds: $2.4B → $2.11B (-$293M)
23% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 94
43% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 49
65% less call options, than puts
Call options by funds: $4.06M | Put options by funds: $11.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$84.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$38.5M |
| 3 |
LCM
Lakewood Capital Management
New York
|
+$25.1M |
| 4 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$16.5M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$54.6M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$31.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$12M |
| 4 |
Morgan Stanley
New York
|
-$10.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$9.47M |
LAD Hedge Fund Activity: Q3 2018 in Review
229 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q3 2018, worth a combined $2.11B — down 12% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of LAD and 28 opened new positions — a net loss of 21 holders — while 94 trimmed existing stakes and 72 added.
The largest buyer was Abrams Capital Management, adding an estimated $84.6M. The largest seller was BlackRock, cutting an estimated $54.6M.
- 229 institutional investors held Lithia Motors (LAD) as of Q3 2018, down from 251 in Q2 2018.
- Funds reported $2.11B of Lithia Motors stock for Q3 2018, down 12% quarter-over-quarter.
- 28 funds opened new Lithia Motors positions in Q3 2018 and 49 closed out, a net change of -21 holders.
- The largest Lithia Motors buyer in Q3 2018 was Abrams Capital Management, an estimated $84.6M added.
- The largest Lithia Motors seller in Q3 2018 was BlackRock, an estimated $54.6M sold.
Based on aggregated 13F filings for Q3 2018.