CarParts.com
PRTS
120 hedge funds and large institutions have $832M invested in CarParts.com in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 29 reducing their positions, and 35 closing their positions.
268% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $6.29M
76% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 29
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
57% more capital invested
Capital invested by funds: $529M → $832M (+$303M)
0.8% more ownership
Funds ownership: 7.71% → 8.5% (+0.8%)
6% less funds holding
Funds holding: 128 → 120 (-8)
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$34.3M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$23.3M |
| 3 |
ACM
Atika Capital Management
New York
|
+$14M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.25M |
| 5 |
Morgan Stanley
New York
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Think Investments
San Francisco,
California
|
-$15.1M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$14.7M |
| 3 |
Millennium Management
New York
|
-$12.2M |
| 4 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$11.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
151
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -7 | Closed |
|
|
WCM
152
Wealthcare Capital Management
Richmond,
Virginia
| – | -$1K | -4 | Closed |
|
153
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$167 | +1 | +100% |
|
PRTS Hedge Fund Activity: Q2 2021 in Review
120 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in CarParts.com (PRTS) for Q2 2021, worth a combined $832M — up 57% from $529M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PRTS and 27 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 51 added.
The largest buyer was Gilder Gagnon Howe & Co, opening a new position worth an estimated $34.3M. The largest seller was Think Investments, exiting entirely with an estimated $15.1M sold.
- 120 institutional investors held CarParts.com (PRTS) as of Q2 2021, down from 128 in Q1 2021.
- Funds reported $832M of CarParts.com stock for Q2 2021, up 57% quarter-over-quarter.
- 27 funds opened new CarParts.com positions in Q2 2021 and 35 closed out, a net change of -8 holders.
- The largest CarParts.com buyer in Q2 2021 was Gilder Gagnon Howe & Co, an estimated $34.3M added.
- The largest CarParts.com seller in Q2 2021 was Think Investments, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2021.