Lithia Motors
388 hedge funds and large institutions have $8.4B invested in Lithia Motors in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 115 increasing their positions, 147 reducing their positions, and 36 closing their positions.
56% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 36
24% more call options, than puts
Call options by funds: $144M | Put options by funds: $116M
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
5% more funds holding
Funds holding: 369 → 388 (+19)
3.79% less ownership
Funds ownership: 106.94% → 103.16% (-3.8%)
6% less capital invested
Capital invested by funds: $8.95B → $8.4B (-$553M)
22% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$51.2M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$28M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$17M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$14M |
| 5 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Brave Warrior Advisors
New York
|
-$80.6M |
| 2 |
Millennium Management
New York
|
-$60.1M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$45.6M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$35.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$30.8M |
LAD Hedge Fund Activity: Q3 2023 in Review
388 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q3 2023, worth a combined $8.4B — down 6.2% from $8.95B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new LAD positions and 36 closed out — a net gain of 20 holders — while 115 added to existing stakes and 147 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $51.2M. The largest seller was Brave Warrior Advisors, cutting an estimated $80.6M.
- 388 institutional investors held Lithia Motors (LAD) as of Q3 2023, up from 369 in Q2 2023.
- Funds reported $8.4B of Lithia Motors stock for Q3 2023, down 6.2% quarter-over-quarter.
- 56 funds opened new Lithia Motors positions in Q3 2023 and 36 closed out, a net change of +20 holders.
- The largest Lithia Motors buyer in Q3 2023 was Balyasny Asset Management, an estimated $51.2M added.
- The largest Lithia Motors seller in Q3 2023 was Brave Warrior Advisors, an estimated $80.6M sold.
Based on aggregated 13F filings for Q3 2023.