Lithia Motors
223 hedge funds and large institutions have $1.67B invested in Lithia Motors in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 89 increasing their positions, 78 reducing their positions, and 55 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
14% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 78
8% less call options, than puts
Call options by funds: $6.78M | Put options by funds: $7.4M
4.52% less ownership
Funds ownership: 103.25% → 98.74% (-4.5%)
10% less funds holding
Funds holding: 247 → 223 (-24)
20% less capital invested
Capital invested by funds: $2.08B → $1.67B (-$408M)
40% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
+$34.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$33M |
| 3 |
PCM
Palestra Capital Management
New York
|
+$32.8M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$17.2M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$29M |
| 2 |
O
OppenheimerFunds
New York
|
-$26.8M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$24.4M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$19M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$17.5M |
LAD Hedge Fund Activity: Q2 2016 in Review
223 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q2 2016, worth a combined $1.67B — down 20% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of LAD and 33 opened new positions — a net loss of 22 holders — while 78 trimmed existing stakes and 89 added.
The largest buyer was Ascend Capital, opening a new position worth an estimated $34.5M. The largest seller was Wells Fargo, cutting an estimated $29M.
- 223 institutional investors held Lithia Motors (LAD) as of Q2 2016, down from 247 in Q1 2016.
- Funds reported $1.67B of Lithia Motors stock for Q2 2016, down 20% quarter-over-quarter.
- 33 funds opened new Lithia Motors positions in Q2 2016 and 55 closed out, a net change of -22 holders.
- The largest Lithia Motors buyer in Q2 2016 was Ascend Capital, an estimated $34.5M added.
- The largest Lithia Motors seller in Q2 2016 was Wells Fargo, an estimated $29M sold.
Based on aggregated 13F filings for Q2 2016.