Sonic Automotive
SAH
189 hedge funds and large institutions have $903M invested in Sonic Automotive in 2024 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 54 increasing their positions, 83 reducing their positions, and 25 closing their positions.
445% more call options, than puts
Call options by funds: $795K | Put options by funds: $146K
7% more capital invested
Capital invested by funds: $844M → $903M (+$58.7M)
0.69% less ownership
Funds ownership: 70.87% → 70.18% (-0.69%)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
2% less funds holding
Funds holding: 192 → 189 (-3)
35% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.9M |
| 2 |
First Eagle Investment Management
New York
|
+$6.78M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.68M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$3.59M |
| 5 |
Morgan Stanley
New York
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$4.88M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$4.07M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.13M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.95M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.82M |
SAH Hedge Fund Activity: Q3 2024 in Review
189 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2024, worth a combined $903M — up 7% from $844M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SAH and 23 opened new positions — a net loss of 2 holders — while 83 trimmed existing stakes and 54 added.
The largest buyer was Macquarie Group, adding an estimated $11.9M. The largest seller was Squarepoint, cutting an estimated $4.88M.
- 189 institutional investors held Sonic Automotive (SAH) as of Q3 2024, down from 192 in Q2 2024.
- Funds reported $903M of Sonic Automotive stock for Q3 2024, up 7% quarter-over-quarter.
- 23 funds opened new Sonic Automotive positions in Q3 2024 and 25 closed out, a net change of -2 holders.
- The largest Sonic Automotive buyer in Q3 2024 was Macquarie Group, an estimated $11.9M added.
- The largest Sonic Automotive seller in Q3 2024 was Squarepoint, an estimated $4.88M sold.
Based on aggregated 13F filings for Q3 2024.