CarParts.com
PRTS
125 hedge funds and large institutions have $301M invested in CarParts.com in 2022 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 39 reducing their positions, and 22 closing their positions.
55% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $937K
15% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 39
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
2% more funds holding
Funds holding: 122 → 125 (+3)
0.07% less ownership
Funds ownership: 8.53% → 8.46% (-0.07%)
40% less capital invested
Capital invested by funds: $502M → $301M (-$201M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$16.3M |
| 2 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$7.24M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.22M |
| 4 |
Renaissance Technologies
New York
|
+$5.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$16.1M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$14.3M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.19M |
| 4 |
CCM
Chimera Capital Management
New York
|
-$4.85M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$4.46M |
PRTS Hedge Fund Activity: Q1 2022 in Review
125 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in CarParts.com (PRTS) for Q1 2022, worth a combined $301M — down 40% from $502M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PRTS positions and 22 closed out — a net gain of 3 holders — while 45 added to existing stakes and 39 trimmed.
The largest buyer was Cannell Capital, adding an estimated $16.3M. The largest seller was Goldman Sachs, cutting an estimated $16.1M.
- 125 institutional investors held CarParts.com (PRTS) as of Q1 2022, up from 122 in Q4 2021.
- Funds reported $301M of CarParts.com stock for Q1 2022, down 40% quarter-over-quarter.
- 25 funds opened new CarParts.com positions in Q1 2022 and 22 closed out, a net change of +3 holders.
- The largest CarParts.com buyer in Q1 2022 was Cannell Capital, an estimated $16.3M added.
- The largest CarParts.com seller in Q1 2022 was Goldman Sachs, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2022.