Sonic Automotive
225 hedge funds and large institutions have $978M invested in Sonic Automotive in 2026 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 72 increasing their positions, 76 reducing their positions, and 37 closing their positions.
5,186% more call options, than puts
Call options by funds: $370K | Put options by funds: $7K
5% more capital invested
Capital invested by funds: $927M → $978M (+$50.4M)
3% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 37
5% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 76
1.32% less ownership
Funds ownership: 67.68% → 66.36% (-1.3%)
2% less funds holding
Funds holding: 229 → 225 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$7.69M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.81M |
| 3 |
CI
CX Institutional
Auburn,
Indiana
|
+$5.46M |
| 4 |
HF
HRT Financial
New York
|
+$5.42M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$5.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.1M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
-$8.73M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$8.45M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$8.12M |
| 5 |
CC
Covalis Capital
London,
United Kingdom
|
-$5.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
251
Graham Capital Management
Rowayton,
Connecticut
| – | -$221K | -3,569 | Closed |
|
|
VI
252
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$200K | -3,226 | Closed |
|
|
A
253
AlphaQuest
New York
| – | -$166K | -2,685 | Closed |
|
|
CP
254
Camelot Portfolios
Maumee,
Ohio
| – | -$41.2K | -666 | Closed |
|
255
Nomura Asset Management
Tokyo,
Japan
| – | -$22.3K | -360 | Closed |
|
|
WT
256
Whittier Trust
South Pasadena,
California
| – | -$8.12K | -128 | Closed |
|
|
AAP
257
Arax Advisory Partners
Denver,
Colorado
| – | -$2.29K | -37 | Closed |
|
258
Optiver Holding
Amsterdam,
Netherlands
| – | -$2.1K | -34 | Closed |
|
|
FHA
259
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$247 | -4 | Closed |
|
|
LFG
260
Larson Financial Group
St Louis,
Missouri
| – | -$62 | -1 | Closed |
|
|
C
261
Covestor
London,
United Kingdom
| – | +$62 | +1 | +50% |
|
SAH Hedge Fund Activity: Q1 2026 in Review
225 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2026, worth a combined $978M — up 5.4% from $927M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SAH positions and 37 closed out — a net gain of 1 holder — while 72 added to existing stakes and 76 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $7.69M. The largest seller was Millennium Management, cutting an estimated $11.1M.
- 225 institutional investors held Sonic Automotive (SAH) as of Q1 2026, down from 229 in Q4 2025.
- Funds reported $978M of Sonic Automotive stock for Q1 2026, up 5.4% quarter-over-quarter.
- 38 funds opened new Sonic Automotive positions in Q1 2026 and 37 closed out, a net change of +1 holder.
- The largest Sonic Automotive buyer in Q1 2026 was Heartland Advisors, an estimated $7.69M added.
- The largest Sonic Automotive seller in Q1 2026 was Millennium Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2026.