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Sonic Automotive

151 hedge funds and large institutions have $805M invested in Sonic Automotive in 2019 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 41 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more call options, than puts

Call options by funds: $2.72M | Put options by funds: $1.73M

44% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 18

34% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 41

32% more capital invested

Capital invested by funds: $609M → $805M (+$195M)

6% more funds holding

Funds holding: 143151 (+8)

1.7% less ownership

Funds ownership: 84.05%82.35% (-1.7%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
151
Holders Change
+8
Holders Change %
+5.59%
% of All Funds
3.31%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
26
Increased
55
Reduced
41
Closed
18
Calls
$2.72M
Puts
$1.73M
Net Calls
+$982K
Net Calls Change
+$1.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$5.71M +$2.09M +77,435 +74%
AQR Capital Management
27
AQR Capital Management
Connecticut
$5.51M +$4.75M +175,559 New
Barrow, Hanley, Mewhinney & Strauss
28
Barrow, Hanley, Mewhinney & Strauss
Texas
$4.65M -$2.07M -76,493 -34%
Charles Schwab
29
Charles Schwab
California
$4.59M +$142K +5,239 +4%
MOACM
30
Mutual of America Capital Management
New York
$4.55M +$3.9M +144,129 +16,740%
JP Morgan Chase
31
JP Morgan Chase
New York
$4.08M +$3.21M +118,727 +1,072%
MSL
32
Mackay Shields LLC
New York
$3.67M +$1.93M +71,400 +157%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$3.44M -$1.04M -38,579 -26%
EI
34
EAM Investors
California
$3.06M +$1.31M +48,313 +98%
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$2.94M +$135K +5,003 +6%
OAM
36
Oxford Asset Management
United Kingdom
$2.76M -$1.14M -42,072 -32%
New York State Common Retirement Fund
37
New York State Common Retirement Fund
New York
$2.76M +$1.36M +50,413 +135%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$2.54M -$25.3K -937 -1%
Stifel Financial
39
Stifel Financial
Missouri
$2.51M +$12.3K +455 +0.6%
AIMCA
40
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$2.45M
Macquarie Group
41
Macquarie Group
Australia
$2.4M
DA
42
Denali Advisors
California
$2.39M +$866K +32,058 +73%
Legal & General Group
43
Legal & General Group
United Kingdom
$2.32M -$272K -10,064 -12%
New York State Teachers Retirement System (NYSTRS)
44
New York State Teachers Retirement System (NYSTRS)
New York
$2.27M -$18.9K -700 -1%
Squarepoint
45
Squarepoint
New York
$2.1M -$182K -6,742 -9%
EGI
46
EAM Global Investors
California
$2M
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.92M +$228K +8,424 +16%
FG
48
Formula Growth
Quebec, Canada
$1.89M
Citigroup
49
Citigroup
New York
$1.74M +$833K +30,820 +126%
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$1.73M +$1.49M +54,968 New

SAH Hedge Fund Activity: Q3 2019 in Review

151 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2019, worth a combined $805M — up 32% from $609M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new SAH positions and 18 closed out — a net gain of 8 holders — while 55 added to existing stakes and 41 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $12.9M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $28.1M.

  • 151 institutional investors held Sonic Automotive (SAH) as of Q3 2019, up from 143 in Q2 2019.
  • Funds reported $805M of Sonic Automotive stock for Q3 2019, up 32% quarter-over-quarter.
  • 26 funds opened new Sonic Automotive positions in Q3 2019 and 18 closed out, a net change of +8 holders.
  • The largest Sonic Automotive buyer in Q3 2019 was Loomis, Sayles & Company, an estimated $12.9M added.
  • The largest Sonic Automotive seller in Q3 2019 was Hotchkis & Wiley Capital Management, an estimated $28.1M sold.

Based on aggregated 13F filings for Q3 2019.