Lithia Motors
251 hedge funds and large institutions have $2.4B invested in Lithia Motors in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 95 increasing their positions, 78 reducing their positions, and 30 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 78
0.44% more ownership
Funds ownership: 105.42% → 105.86% (+0.44%)
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
1% less funds holding
Funds holding: 254 → 251 (-3)
6% less capital invested
Capital invested by funds: $2.55B → $2.4B (-$148M)
49% less call options, than puts
Call options by funds: $4.96M | Put options by funds: $9.74M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$103M |
| 2 |
BlackRock
New York
|
+$80.8M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$19.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.8M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$65.5M |
| 2 |
Goldman Sachs
New York
|
-$62.3M |
| 3 |
Bank of New York Mellon
New York
|
-$33.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$27.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$18.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WTB
276
Washington Trust Bank
Spokane,
Washington
| – | -$8K | -75 | Closed |
|
|
VFA
277
Valeo Financial Advisors
Carmel,
Indiana
| – | -$6K | -56 | Closed |
|
|
LWA
278
Lenox Wealth Advisors
New York
| – | -$1K | -11 | Closed |
|
279
Parallax Volatility Advisers
San Francisco,
California
| – | +$198 | +2 | New |
|
280
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$396 | +4 | New |
|
LAD Hedge Fund Activity: Q2 2018 in Review
251 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q2 2018, worth a combined $2.4B — down 5.8% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LAD and 29 opened new positions — a net loss of 1 holder — while 78 trimmed existing stakes and 95 added.
The largest buyer was Abrams Capital Management, opening a new position worth an estimated $103M. The largest seller was Victory Capital Management, cutting an estimated $65.5M.
- 251 institutional investors held Lithia Motors (LAD) as of Q2 2018, down from 254 in Q1 2018.
- Funds reported $2.4B of Lithia Motors stock for Q2 2018, down 5.8% quarter-over-quarter.
- 29 funds opened new Lithia Motors positions in Q2 2018 and 30 closed out, a net change of -1 holder.
- The largest Lithia Motors buyer in Q2 2018 was Abrams Capital Management, an estimated $103M added.
- The largest Lithia Motors seller in Q2 2018 was Victory Capital Management, an estimated $65.5M sold.
Based on aggregated 13F filings for Q2 2018.