CarParts.com
PRTS
96 hedge funds and large institutions have $68M invested in CarParts.com in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 22 closing their positions.
338% more call options, than puts
Call options by funds: $57K | Put options by funds: $13K
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
0.13% more ownership
Funds ownership: 7.27% → 7.4% (+0.13%)
10% less funds holding
Funds holding: 107 → 96 (-11)
49% less capital invested
Capital invested by funds: $132M → $68M (-$64M)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.97M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.97M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.48M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.46M |
| 5 |
IP
Isthmus Partners
Madison,
Wisconsin
|
+$913K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
-$6.26M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.34M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.22M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$1.18M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$689K |
PRTS Hedge Fund Activity: Q1 2024 in Review
96 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in CarParts.com (PRTS) for Q1 2024, worth a combined $68M — down 49% from $132M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PRTS and 11 opened new positions — a net loss of 11 holders — while 30 trimmed existing stakes and 42 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.97M. The largest seller was Kanen Wealth Management, exiting entirely with an estimated $6.26M sold.
- 96 institutional investors held CarParts.com (PRTS) as of Q1 2024, down from 107 in Q4 2023.
- Funds reported $68M of CarParts.com stock for Q1 2024, down 49% quarter-over-quarter.
- 11 funds opened new CarParts.com positions in Q1 2024 and 22 closed out, a net change of -11 holders.
- The largest CarParts.com buyer in Q1 2024 was Millennium Management, an estimated $1.97M added.
- The largest CarParts.com seller in Q1 2024 was Kanen Wealth Management, an estimated $6.26M sold.
Based on aggregated 13F filings for Q1 2024.