Lithia Motors
LAD
286 hedge funds and large institutions have $3.1B invested in Lithia Motors in 2019 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 91 increasing their positions, 89 reducing their positions, and 38 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
50% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 38
11% more capital invested
Capital invested by funds: $2.8B → $3.1B (+$301M)
7% more funds holding
Funds holding: 268 → 286 (+18)
2% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 89
1.04% less ownership
Funds ownership: 105.54% → 104.5% (-1%)
26% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $16.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$38.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$31.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.1M |
| 4 |
Millennium Management
New York
|
+$10.3M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$57.2M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$40.5M |
| 3 |
Neuberger Berman Group
New York
|
-$25.4M |
| 4 |
LCM
Lakewood Capital Management
New York
|
-$20.2M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
-$18.3M |
LAD Hedge Fund Activity: Q3 2019 in Review
286 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q3 2019, worth a combined $3.1B — up 11% from $2.8B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new LAD positions and 38 closed out — a net gain of 19 holders — while 91 added to existing stakes and 89 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $38.7M. The largest seller was Park West Asset Management, cutting an estimated $57.2M.
- 286 institutional investors held Lithia Motors (LAD) as of Q3 2019, up from 268 in Q2 2019.
- Funds reported $3.1B of Lithia Motors stock for Q3 2019, up 11% quarter-over-quarter.
- 57 funds opened new Lithia Motors positions in Q3 2019 and 38 closed out, a net change of +19 holders.
- The largest Lithia Motors buyer in Q3 2019 was Capital Growth Management, an estimated $38.7M added.
- The largest Lithia Motors seller in Q3 2019 was Park West Asset Management, an estimated $57.2M sold.
Based on aggregated 13F filings for Q3 2019.