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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
Bank of America
51
Bank of America
North Carolina
$1.69M +$344K +12,715 +31%
California Public Employees Retirement System
52
California Public Employees Retirement System
California
$1.62M -$49.6K -1,835 -3%
GC
53
Globeflex Capital
California
$1.57M
TA
54
Teton Advisors
New York
$1.5M
Wells Fargo
55
Wells Fargo
California
$1.41M -$1.11M -41,021 -48%
SEI Investments
56
SEI Investments
Pennsylvania
$1.4M +$316K +11,680 +36%
Barclays
57
Barclays
United Kingdom
$1.38M +$176K +6,517 +17%
Swiss National Bank
58
Swiss National Bank
Switzerland
$1.35M
IRC
59
Investors Research Corp
Georgia
$1.31M -$27K -1,000 -2%
Acadian Asset Management
60
Acadian Asset Management
Massachusetts
$1.21M +$556K +20,582 +113%
California State Teachers Retirement System (CalSTRS)
61
California State Teachers Retirement System (CalSTRS)
California
$1.19M +$12.3K +454 +1%
GC
62
Guggenheim Capital
Illinois
$1.17M +$684K +25,318 +213%
CS
63
Credit Suisse
Switzerland
$1.11M +$229K +8,460 +31%
BPM
64
Bowling Portfolio Management
Ohio
$1.09M +$935K +34,594 New
PI
65
PEAK6 Investments
Illinois
$1.07M +$922K +34,126 New
PP
66
PDT Partners
New York
$999K +$860K +31,800 New
CIBC World Market
67
CIBC World Market
Ontario, Canada
$982K +$845K +31,279 New
AllianceBernstein
68
AllianceBernstein
Tennessee
$936K -$88.1K -3,260 -10%
CGH
69
Crossmark Global Holdings
Texas
$928K -$3.51K -130 -0.4%
ASRS
70
Arizona State Retirement System
Arizona
$895K -$232K -8,599 -23%
MA
71
Mutual Advisors
Nebraska
$863K -$463K -17,140 -38%
Susquehanna International Group
72
Susquehanna International Group
Pennsylvania
$830K +$363K +13,435 +104%
UBS AM
73
UBS AM
Illinois
$787K +$441K +16,315 +186%
SO
74
STRS Ohio
Ohio
$760K -$151K -5,600 -19%
Comerica Bank
75
Comerica Bank
Texas
$742K +$12.2K +452 +2%

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.