Lithia Motors
LAD
375 hedge funds and large institutions have $6.6B invested in Lithia Motors in 2023 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 126 increasing their positions, 124 reducing their positions, and 48 closing their positions.
19% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 48
17% more capital invested
Capital invested by funds: $5.65B → $6.6B (+$954M)
15% more call options, than puts
Call options by funds: $101M | Put options by funds: $88.3M
5.03% more ownership
Funds ownership: 100.77% → 105.8% (+5%)
2% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 124
1% more funds holding
Funds holding: 372 → 375 (+3)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$58.8M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$41.3M |
| 3 |
SIM
SRS Investment Management
New York
|
+$37.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.7M |
| 5 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$45M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$29.7M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$22.3M |
| 4 |
Neuberger Berman Group
New York
|
-$21.5M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$15.2M |
LAD Hedge Fund Activity: Q1 2023 in Review
375 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q1 2023, worth a combined $6.6B — up 17% from $5.65B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new LAD positions and 48 closed out — a net gain of 9 holders — while 126 added to existing stakes and 124 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $58.8M. The largest seller was Baupost Group, cutting an estimated $45M.
- 375 institutional investors held Lithia Motors (LAD) as of Q1 2023, up from 372 in Q4 2022.
- Funds reported $6.6B of Lithia Motors stock for Q1 2023, up 17% quarter-over-quarter.
- 57 funds opened new Lithia Motors positions in Q1 2023 and 48 closed out, a net change of +9 holders.
- The largest Lithia Motors buyer in Q1 2023 was River Road Asset Management, an estimated $58.8M added.
- The largest Lithia Motors seller in Q1 2023 was Baupost Group, an estimated $45M sold.
Based on aggregated 13F filings for Q1 2023.