Sonic Automotive
200 hedge funds and large institutions have $893M invested in Sonic Automotive in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 54 increasing their positions, 96 reducing their positions, and 33 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more capital invested
Capital invested by funds: $817M → $893M (+$75.9M)
3% more call options, than puts
Call options by funds: $2.2M | Put options by funds: $2.13M
2% less funds holding
Funds holding: 204 → 200 (-4)
5.2% less ownership
Funds ownership: 80.87% → 75.67% (-5.2%)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
44% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$23.1M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$11.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.76M |
| 4 |
Goldman Sachs
New York
|
+$5.41M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$17.6M |
| 2 |
BlackRock
New York
|
-$16.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$9.32M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$9.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$8.64M |
SAH Hedge Fund Activity: Q3 2022 in Review
200 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2022, worth a combined $893M — up 9.3% from $817M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SAH and 29 opened new positions — a net loss of 4 holders — while 96 trimmed existing stakes and 54 added.
The largest buyer was Balyasny Asset Management, adding an estimated $23.1M. The largest seller was Millennium Management, cutting an estimated $17.6M.
- 200 institutional investors held Sonic Automotive (SAH) as of Q3 2022, down from 204 in Q2 2022.
- Funds reported $893M of Sonic Automotive stock for Q3 2022, up 9.3% quarter-over-quarter.
- 29 funds opened new Sonic Automotive positions in Q3 2022 and 33 closed out, a net change of -4 holders.
- The largest Sonic Automotive buyer in Q3 2022 was Balyasny Asset Management, an estimated $23.1M added.
- The largest Sonic Automotive seller in Q3 2022 was Millennium Management, an estimated $17.6M sold.
Based on aggregated 13F filings for Q3 2022.