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Sonic Automotive

183 hedge funds and large institutions have $818M invested in Sonic Automotive in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 86 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $229K | Put options by funds: $153K

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

1% less funds holding

Funds holding: 185183 (-2)

4.25% less ownership

Funds ownership: 77.68%73.43% (-4.3%)

18% less capital invested

Capital invested by funds: $995M → $818M (-$177M)

48% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 86

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
183
Holders Change
-2
Holders Change %
-1.08%
% of All Funds
2.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
45
Reduced
86
Closed
32
Calls
$229K
Puts
$153K
Net Calls
+$76K
Net Calls Change
+$320K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$1.4M -$328K -7,114 -19%
UBS AM
52
UBS AM
Illinois
$1.39M
Capital Fund Management (CFM)
53
Capital Fund Management (CFM)
France
$1.35M +$1.31M +28,342 New
Public Sector Pension Investment Board (PSP Investments)
54
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.35M -$52K -1,128 -4%
WAM
55
Wolverine Asset Management
Illinois
$1.33M
Renaissance Technologies
56
Renaissance Technologies
New York
$1.31M +$582K +12,626 +85%
CS
57
Credit Suisse
Switzerland
$1.28M +$165K +3,589 +15%
AQR Capital Management
58
AQR Capital Management
Connecticut
$1.28M -$1.44M -31,296 -54%
AG
59
Algert Global
California
$1.25M +$211K +4,574 +21%
GCP
60
GSA Capital Partners
United Kingdom
$1.25M +$254K +5,512 +27%
HF
61
HRT Financial
New York
$1.24M -$1.15M -24,930 -49%
ACM
62
Arosa Capital Management
Florida
$1.2M +$1.16M +25,100 New
AllianceBernstein
63
AllianceBernstein
Tennessee
$1.19M -$284K -6,170 -20%
First Trust Advisors
64
First Trust Advisors
Illinois
$1.14M +$1.11M +23,978 New
Ensign Peak Advisors
65
Ensign Peak Advisors
Utah
$1.13M
BNP Paribas Financial Markets
66
BNP Paribas Financial Markets
France
$1.08M +$130K +2,820 +14%
QC
67
Quantedge Capital
Singapore
$1.06M -$3.63M -78,800 -78%
RJA
68
Raymond James & Associates
Florida
$1.06M
Two Sigma Advisers
69
Two Sigma Advisers
New York
$1.03M -$217K -4,700 -18%
Canada Life
70
Canada Life
Manitoba, Canada
$970K -$54.5K -1,182 -6%
Prudential Financial
71
Prudential Financial
New Jersey
$940K +$153K +3,319 +20%
JF
72
Jump Financial
Illinois
$927K +$896K +19,441 New
NAM
73
NorthCrest Asset Manangement
Minnesota
$913K
EGM
74
Engineers Gate Manager
New York
$904K -$145K -3,137 -14%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$889K -$194K -4,203 -18%

SAH Hedge Fund Activity: Q2 2023 in Review

183 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2023, worth a combined $818M — down 18% from $995M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SAH and 30 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 45 added.

The largest buyer was Millennium Management, adding an estimated $20.2M. The largest seller was BlackRock, cutting an estimated $20.2M.

  • 183 institutional investors held Sonic Automotive (SAH) as of Q2 2023, down from 185 in Q1 2023.
  • Funds reported $818M of Sonic Automotive stock for Q2 2023, down 18% quarter-over-quarter.
  • 30 funds opened new Sonic Automotive positions in Q2 2023 and 32 closed out, a net change of -2 holders.
  • The largest Sonic Automotive buyer in Q2 2023 was Millennium Management, an estimated $20.2M added.
  • The largest Sonic Automotive seller in Q2 2023 was BlackRock, an estimated $20.2M sold.

Based on aggregated 13F filings for Q2 2023.