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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
COPPSERS
76
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$857K +$14K +304 +2%
BHCM
77
Brevan Howard Capital Management
Jersey
$849K +$821K +17,812 New
FRM
78
Fox Run Management
Connecticut
$782K +$757K +16,414 New
Walleye Capital
79
Walleye Capital
New York
$743K +$718K +15,579 New
PTC
80
Petrus Trust Company
Texas
$742K +$718K +15,572 New
Jacobs Levy Equity Management
81
Jacobs Levy Equity Management
New Jersey
$740K +$716K +15,527 New
Thrivent Financial for Lutherans
82
Thrivent Financial for Lutherans
Minnesota
$725K -$61.2K -1,328 -8%
Qube Research & Technologies (QRT)
83
Qube Research & Technologies (QRT)
United Kingdom
$718K +$181K +3,916 +35%
HSBC Holdings
84
HSBC Holdings
United Kingdom
$697K +$202K +4,375 +44%
Citigroup
85
Citigroup
New York
$696K +$201K +4,357 +43%
Deutsche Bank
86
Deutsche Bank
Germany
$688K -$242K -5,243 -27%
Capstone Investment Advisors
87
Capstone Investment Advisors
New York
$677K +$654K +14,194 New
TPSF
88
Texas Permanent School Fund
Texas
$668K -$44.5K -966 -6%
Two Sigma Investments
89
Two Sigma Investments
New York
$653K -$3.65M -79,159 -85%
ETC
90
Exchange Traded Concepts
Oklahoma
$651K
Rafferty Asset Management
91
Rafferty Asset Management
New York
$581K +$189K +4,095 +51%
QT
92
Quantbot Technologies
New York
$574K +$555K +12,039 New
CC
93
Corton Capital
Ontario, Canada
$569K +$241K +5,227 +78%
Russell Investments Group
94
Russell Investments Group
United Kingdom
$562K +$544K +11,798 New
T. Rowe Price Associates
95
T. Rowe Price Associates
Maryland
$562K -$8.9K -193 -2%
CIA
96
Capital Impact Advisors
Massachusetts
$560K +$28.6K +621 +6%
Barclays
97
Barclays
United Kingdom
$521K -$1.46M -31,704 -74%
SOADOR
98
State of Alaska Department of Revenue
Alaska
$498K -$44.6K -967 -8%
Royal Bank of Canada
99
Royal Bank of Canada
Ontario, Canada
$486K -$230K -4,994 -33%
SEI Investments
100
SEI Investments
Pennsylvania
$472K +$27.7K +600 +6%

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.