CarParts.com
PRTS
136 hedge funds and large institutions have $225M invested in CarParts.com in 2022 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 22 closing their positions.
125% more call options, than puts
Call options by funds: $840K | Put options by funds: $374K
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
1% more funds holding
Funds holding: 134 → 136 (+2)
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
0.1% less ownership
Funds ownership: 8.09% → 7.99% (-0.1%)
26% less capital invested
Capital invested by funds: $304M → $225M (-$78.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$14.8M |
| 2 |
Millennium Management
New York
|
+$10M |
| 3 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$6.18M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.81M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$18.5M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
-$5.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.97M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.68M |
| 5 |
Morgan Stanley
New York
|
-$3.61M |
PRTS Hedge Fund Activity: Q3 2022 in Review
136 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in CarParts.com (PRTS) for Q3 2022, worth a combined $225M — down 26% from $304M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PRTS positions and 22 closed out — a net gain of 2 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Kanen Wealth Management, adding an estimated $14.8M. The largest seller was Park West Asset Management, cutting an estimated $18.5M.
- 136 institutional investors held CarParts.com (PRTS) as of Q3 2022, up from 134 in Q2 2022.
- Funds reported $225M of CarParts.com stock for Q3 2022, down 26% quarter-over-quarter.
- 24 funds opened new CarParts.com positions in Q3 2022 and 22 closed out, a net change of +2 holders.
- The largest CarParts.com buyer in Q3 2022 was Kanen Wealth Management, an estimated $14.8M added.
- The largest CarParts.com seller in Q3 2022 was Park West Asset Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2022.