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Sonic Automotive

131 hedge funds and large institutions have $513M invested in Sonic Automotive in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 48 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.08% more ownership

Funds ownership: 87.02%89.1% (+2.1%)

2% more capital invested

Capital invested by funds: $501M → $513M (+$12.4M)

3% less funds holding

Funds holding: 135131 (-4)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

29% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 48

42% less call options, than puts

Call options by funds: $443K | Put options by funds: $766K

Holders
131
Holders Change
-4
Holders Change %
-2.96%
% of All Funds
3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
34
Reduced
48
Closed
15
Calls
$443K
Puts
$766K
Net Calls
-$323K
Net Calls Change
-$378K
Name Holding Trade Value Shares
Change
Change in
Stake
SRAM
76
Stone Ridge Asset Management
New York
$306K
Squarepoint
77
Squarepoint
New York
$306K +$326K +16,149 New
TPSF
78
Texas Permanent School Fund
Texas
$301K -$15.2K -752 -5%
Thrivent Financial for Lutherans
79
Thrivent Financial for Lutherans
Minnesota
$301K +$4.3K +213 +1%
PPCM
80
Pillar Pacific Capital Management
California
$298K -$10.1K -500 -3%
MC
81
Menta Capital
California
$292K +$311K +15,429 New
MIM
82
MetLife Investment Management
New Jersey
$278K
PGIM
83
Pacific Global Investment Management
California
$260K -$1.19M -58,950 -81%
FA
84
FDx Advisors
Illinois
$260K -$35.9K -1,777 -11%
ONB
85
Old National Bancorp
Indiana
$260K -$35.9K -1,777 -11%
TRSOTSOK
86
Teachers Retirement System of the State of Kentucky
Kentucky
$259K -$10.8K -536 -4%
UBS AM
87
UBS AM
Illinois
$243K
T. Rowe Price Associates
88
T. Rowe Price Associates
Maryland
$240K +$989 +49 +0.4%
MWNA
89
Marshall Wace North America
New York
$226K +$241K +11,933 New
VOYA Investment Management
90
VOYA Investment Management
Georgia
$222K -$13.3K -658 -5%
LSERS
91
Louisiana State Employees Retirement System
Louisiana
$201K
MERSOM
92
Municipal Employees' Retirement System of Michigan
Michigan
$187K
Royal Bank of Canada
93
Royal Bank of Canada
Ontario, Canada
$180K +$3.45K +171 +2%
BNP Paribas Financial Markets
94
BNP Paribas Financial Markets
France
$179K -$42.4K -2,103 -18%
MLICM
95
Metropolitan Life Insurance Company (MetLife)
New York
$166K
Barclays
96
Barclays
United Kingdom
$158K -$151K -7,463 -47%
SOADOR
97
State of Alaska Department of Revenue
Alaska
$145K +$56.5K +2,800 +57%
Public Employees Retirement Association of Colorado
98
Public Employees Retirement Association of Colorado
Colorado
$140K -$51.2K -2,535 -26%
Ohio Public Employees Retirement System (OPERS)
99
Ohio Public Employees Retirement System (OPERS)
Ohio
$138K -$54K -2,677 -27%
MSA
100
Mason Street Advisors
Wisconsin
$126K +$5.15K +255 +4%

SAH Hedge Fund Activity: Q1 2018 in Review

131 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2018, worth a combined $513M — up 2.5% from $501M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of SAH and 12 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 34 added.

The largest buyer was BlackRock, adding an estimated $9.3M. The largest seller was Bank of New York Mellon, cutting an estimated $5.77M.

  • 131 institutional investors held Sonic Automotive (SAH) as of Q1 2018, down from 135 in Q4 2017.
  • Funds reported $513M of Sonic Automotive stock for Q1 2018, up 2.5% quarter-over-quarter.
  • 12 funds opened new Sonic Automotive positions in Q1 2018 and 15 closed out, a net change of -3 holders.
  • The largest Sonic Automotive buyer in Q1 2018 was BlackRock, an estimated $9.3M added.
  • The largest Sonic Automotive seller in Q1 2018 was Bank of New York Mellon, an estimated $5.77M sold.

Based on aggregated 13F filings for Q1 2018.