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Sonic Automotive

135 hedge funds and large institutions have $767M invested in Sonic Automotive in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 21

4% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 45

1.41% less ownership

Funds ownership: 85.78%84.37% (-1.4%)

1% less funds holding

Funds holding: 137135 (-2)

10% less capital invested

Capital invested by funds: $853M → $767M (-$86.2M)

70% less call options, than puts

Call options by funds: $110K | Put options by funds: $370K

Holders
135
Holders Change
-2
Holders Change %
-1.46%
% of All Funds
3.9%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
21
Increased
43
Reduced
45
Closed
21
Calls
$110K
Puts
$370K
Net Calls
-$260K
Net Calls Change
-$244K
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$4.65M +$160K +6,973 +3%
SONJCPFA
27
State of New Jersey Common Pension Fund A
New Jersey
$4.54M
CA
28
Claar Advisors
New York
$4.5M -$2.27M -98,800 -33%
ACM
29
Altalis Capital Management
New York
$4.24M +$417K +18,146 +11%
Charles Schwab
30
Charles Schwab
California
$3.96M +$527K +22,922 +15%
TCIM
31
TIAA CREF Investment Management
New York
$3.92M -$73.7K -3,210 -2%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$3.85M +$94.1K +4,095 +2%
OA
33
OFI Advisors
Pennsylvania
$3.67M +$341K +14,864 +10%
Invesco
34
Invesco
Georgia
$3.63M +$2.26M +98,310 +156%
PAM
35
Panagora Asset Management
Massachusetts
$3.51M +$1.03M +44,755 +40%
BIM
36
BlackRock Investment Management
Delaware
$3.26M +$39K +1,696 +1%
3CP
37
3G Capital Partners
New York
$3.19M +$3.26M +141,856 New
GC
38
Guggenheim Capital
Illinois
$3.16M +$18.5K +806 +0.6%
State of Wisconsin Investment Board
39
State of Wisconsin Investment Board
Wisconsin
$3.1M
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$2.9M -$184K -8,008 -6%
PPA
41
Parametric Portfolio Associates
Washington
$2.57M -$37.7K -1,642 -1%
New York State Teachers Retirement System (NYSTRS)
42
New York State Teachers Retirement System (NYSTRS)
New York
$2.18M -$79.3K -3,450 -3%
RFC
43
Russell Frank Company
Washington
$1.81M
KKRC
44
Kohlberg Kravis Roberts & Co
New York
$1.8M +$1.84M +80,000 New
Prudential Financial
45
Prudential Financial
New Jersey
$1.77M +$2.3K +100 +0.1%
AllianceBernstein
46
AllianceBernstein
Tennessee
$1.64M -$101K -4,400 -6%
First Trust Advisors
47
First Trust Advisors
Illinois
$1.63M +$128K +5,565 +8%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$1.59M +$6.89K +300 +0.4%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$1.56M -$37.7K -1,640 -2%
Public Sector Pension Investment Board (PSP Investments)
50
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.55M -$333K -14,500 -17%

SAH Hedge Fund Activity: Q1 2014 in Review

135 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2014, worth a combined $767M — down 10% from $853M a quarter earlier.

Fund positioning in SAH was balanced in Q1 2014: 21 funds opened new positions, 21 closed out, 43 added to existing stakes and 45 trimmed.

The largest buyer was Eminence Capital, adding an estimated $12.6M. The largest seller was Glenmede Trust, exiting entirely with an estimated $9.62M sold.

  • 135 institutional investors held Sonic Automotive (SAH) as of Q1 2014, down from 137 in Q4 2013.
  • Funds reported $767M of Sonic Automotive stock for Q1 2014, down 10% quarter-over-quarter.
  • 21 funds opened new Sonic Automotive positions in Q1 2014 and 21 closed out, a net change of 0 holders.
  • The largest Sonic Automotive buyer in Q1 2014 was Eminence Capital, an estimated $12.6M added.
  • The largest Sonic Automotive seller in Q1 2014 was Glenmede Trust, an estimated $9.62M sold.

Based on aggregated 13F filings for Q1 2014.