Lithia Motors
245 hedge funds and large institutions have $2.55B invested in Lithia Motors in 2015 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 104 increasing their positions, 85 reducing their positions, and 33 closing their positions.
756% more call options, than puts
Call options by funds: $40.5M | Put options by funds: $4.73M
22% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 85
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 33
1.41% less ownership
Funds ownership: 101.36% → 99.95% (-1.4%)
2% less funds holding
Funds holding: 250 → 245 (-5)
6% less capital invested
Capital invested by funds: $2.72B → $2.55B (-$164M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$61.7M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$17.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14.7M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$11.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$48M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$34.5M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$26M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
276
Tower Research Capital (TRC)
New York
| – | -$24K | -215 | Closed |
|
|
WA
277
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$2K | -17 | Closed |
|
278
AssetMark Inc
Concord,
California
| – | +$112 | +1 | New |
|
LAD Hedge Fund Activity: Q3 2015 in Review
245 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q3 2015, worth a combined $2.55B — down 6% from $2.72B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of LAD and 31 opened new positions — a net loss of 2 holders — while 85 trimmed existing stakes and 104 added.
The largest buyer was AllianceBernstein, adding an estimated $61.7M. The largest seller was Virtus Fund Advisers, exiting entirely with an estimated $48M sold.
- 245 institutional investors held Lithia Motors (LAD) as of Q3 2015, down from 250 in Q2 2015.
- Funds reported $2.55B of Lithia Motors stock for Q3 2015, down 6% quarter-over-quarter.
- 31 funds opened new Lithia Motors positions in Q3 2015 and 33 closed out, a net change of -2 holders.
- The largest Lithia Motors buyer in Q3 2015 was AllianceBernstein, an estimated $61.7M added.
- The largest Lithia Motors seller in Q3 2015 was Virtus Fund Advisers, an estimated $48M sold.
Based on aggregated 13F filings for Q3 2015.