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Sonic Automotive

150 hedge funds and large institutions have $836M invested in Sonic Automotive in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more capital invested

Capital invested by funds: $337M → $836M (+$500M)

32% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 25

14% more call options, than puts

Call options by funds: $4.97M | Put options by funds: $4.36M

6% more funds holding

Funds holding: 142150 (+8)

2.2% more ownership

Funds ownership: 82.59%84.8% (+2.2%)

16% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 55

Holders
150
Holders Change
+8
Holders Change %
+5.63%
% of All Funds
3.08%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
33
Increased
46
Reduced
55
Closed
25
Calls
$4.97M
Puts
$4.36M
Net Calls
+$618K
Net Calls Change
-$63K
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$6.13M +$21.2K +918 +0.5%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$5.89M -$467K -20,274 -10%
TCA
28
Teewinot Capital Advisers
New York
$5.84M +$4.22M +183,168 New
Macquarie Group
29
Macquarie Group
Australia
$5.29M +$2.06M +89,619 +117%
Ameriprise
30
Ameriprise
Minnesota
$4.32M -$641K -27,817 -17%
PFMOSF
31
Philadelphia Financial Management of San Francisco
California
$4.11M -$7.81M -338,890 -72%
PAM
32
Panagora Asset Management
Massachusetts
$4M +$348K +15,100 +14%
Morgan Stanley
33
Morgan Stanley
New York
$3.81M -$5.24M -227,475 -66%
PPA
34
Parametric Portfolio Associates
Washington
$3.8M -$234K -10,145 -8%
JP Morgan Chase
35
JP Morgan Chase
New York
$3.73M +$71.7K +3,111 +3%
BGIM
36
Brandywine Global Investment Management
Pennsylvania
$3.12M +$597K +25,891 +36%
Millennium Management
37
Millennium Management
New York
$3.08M +$1.74M +75,622 +364%
Wells Fargo
38
Wells Fargo
California
$3.05M +$868K +37,663 +65%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$3.02M -$207K -8,995 -9%
First Trust Advisors
40
First Trust Advisors
Illinois
$2.99M +$2.16M +93,565 New
GAM
41
Gotham Asset Management
New York
$2.86M +$950K +41,221 +85%
FG
42
Formula Growth
Quebec, Canada
$2.55M
Legal & General Group
43
Legal & General Group
United Kingdom
$2.32M +$115K +4,975 +7%
New York State Teachers Retirement System (NYSTRS)
44
New York State Teachers Retirement System (NYSTRS)
New York
$2.21M -$11.8K -510 -0.7%
ZCM
45
Ziegler Capital Management
Illinois
$2.19M +$3.25K +141 +0.2%
AIMCA
46
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.86M
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$1.82M -$103K -4,466 -7%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$1.74M -$38.8K -1,683 -3%
Public Sector Pension Investment Board (PSP Investments)
49
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.73M
Swiss National Bank
50
Swiss National Bank
Switzerland
$1.63M +$136K +5,900 +13%

SAH Hedge Fund Activity: Q2 2020 in Review

150 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2020, worth a combined $836M — up 148% from $337M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new SAH positions and 25 closed out — a net gain of 8 holders — while 46 added to existing stakes and 55 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $20.9M. The largest seller was Prudential Financial, cutting an estimated $21M.

  • 150 institutional investors held Sonic Automotive (SAH) as of Q2 2020, up from 142 in Q1 2020.
  • Funds reported $836M of Sonic Automotive stock for Q2 2020, up 148% quarter-over-quarter.
  • 33 funds opened new Sonic Automotive positions in Q2 2020 and 25 closed out, a net change of +8 holders.
  • The largest Sonic Automotive buyer in Q2 2020 was Victory Capital Management, an estimated $20.9M added.
  • The largest Sonic Automotive seller in Q2 2020 was Prudential Financial, an estimated $21M sold.

Based on aggregated 13F filings for Q2 2020.