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Sonic Automotive

143 hedge funds and large institutions have $872M invested in Sonic Automotive in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 47 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,334% more call options, than puts

Call options by funds: $12.6M | Put options by funds: $519K

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

6% more funds holding

Funds holding: 135143 (+8)

6% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 47

0.5% less ownership

Funds ownership: 88.28%87.79% (-0.5%)

9% less capital invested

Capital invested by funds: $955M → $872M (-$82.8M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
143
Holders Change
+8
Holders Change %
+5.93%
% of All Funds
4.15%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
20
Increased
50
Reduced
47
Closed
12
Calls
$12.6M
Puts
$519K
Net Calls
+$12.1M
Net Calls Change
+$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
26
Altalis Capital Management
New York
$8.79M +$3.62M +145,126 +68%
CCM
27
Cobalt Capital Management
New Jersey
$6.86M +$6.98M +280,000 New
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$6.5M -$234K -9,400 -3%
HAM
29
Hillcrest Asset Management
Texas
$6.17M +$6.27M +251,770 New
Principal Financial Group
30
Principal Financial Group
Iowa
$5.26M -$53.3K -2,140 -1%
Geode Capital Management
31
Geode Capital Management
Massachusetts
$4.74M +$149K +5,983 +3%
Charles Schwab
32
Charles Schwab
California
$4.67M +$157K +6,286 +3%
State of New Jersey Common Pension Fund D
33
State of New Jersey Common Pension Fund D
New Jersey
$4.34M
TCIM
34
TIAA CREF Investment Management
New York
$4.26M -$83.7K -3,360 -2%
OA
35
OFI Advisors
Pennsylvania
$4.17M +$346K +13,895 +9%
BIM
36
BlackRock Investment Management
Delaware
$3.53M +$25.4K +1,019 +0.7%
GC
37
Guggenheim Capital
Illinois
$3.46M +$1.71M +68,473 +94%
State of Wisconsin Investment Board
38
State of Wisconsin Investment Board
Wisconsin
$3.46M
Invesco
39
Invesco
Georgia
$3.44M -$74.7K -2,997 -2%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$3.12M +$87.2K +3,500 +3%
PPA
41
Parametric Portfolio Associates
Washington
$2.57M +$24.9K +998 +1%
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
$2.53M +$2.12M +84,965 +467%
New York State Teachers Retirement System (NYSTRS)
43
New York State Teachers Retirement System (NYSTRS)
New York
$2.32M -$14.9K -600 -0.6%
Two Sigma Investments
44
Two Sigma Investments
New York
$2.3M +$377K +15,144 +19%
Prudential Financial
45
Prudential Financial
New Jersey
$1.86M -$128K -5,155 -6%
KCM
46
Keane Capital Management
North Carolina
$1.84M +$1.87M +75,000 New
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$1.8M +$20.4K +818 +1%
Point72 Asset Management
48
Point72 Asset Management
Connecticut
$1.79M -$4.05M -162,400 -69%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$1.78M +$2.49K +100 +0.1%
AllianceBernstein
50
AllianceBernstein
Tennessee
$1.68M -$17.4K -700 -1%

SAH Hedge Fund Activity: Q3 2014 in Review

143 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2014, worth a combined $872M — down 8.7% from $955M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new SAH positions and 12 closed out — a net gain of 8 holders — while 50 added to existing stakes and 47 trimmed.

The largest buyer was Eminence Capital, adding an estimated $14M. The largest seller was Highline Capital Management, exiting entirely with an estimated $13.7M sold.

  • 143 institutional investors held Sonic Automotive (SAH) as of Q3 2014, up from 135 in Q2 2014.
  • Funds reported $872M of Sonic Automotive stock for Q3 2014, down 8.7% quarter-over-quarter.
  • 20 funds opened new Sonic Automotive positions in Q3 2014 and 12 closed out, a net change of +8 holders.
  • The largest Sonic Automotive buyer in Q3 2014 was Eminence Capital, an estimated $14M added.
  • The largest Sonic Automotive seller in Q3 2014 was Highline Capital Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q3 2014.