Sonic Automotive
144 hedge funds and large institutions have $668M invested in Sonic Automotive in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $546M → $668M (+$122M)
3% more funds holding
Funds holding: 140 → 144 (+4)
1.3% more ownership
Funds ownership: 87.47% → 88.76% (+1.3%)
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $664K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$13.2M |
| 2 |
EM
Elliott Management
New York
|
+$6.42M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.59M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$2.81M |
| 5 |
JP Morgan Chase
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$10.9M |
| 2 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$6.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.65M |
| 4 |
MPEM
Marathon Partners Equity Management
New York
|
-$4.51M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$3.53M |
SAH Hedge Fund Activity: Q4 2016 in Review
144 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q4 2016, worth a combined $668M — up 22% from $546M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SAH positions and 10 closed out — a net gain of 8 holders — while 51 added to existing stakes and 48 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $13.2M. The largest seller was Lombardia Capital Partners, cutting an estimated $10.9M.
- 144 institutional investors held Sonic Automotive (SAH) as of Q4 2016, up from 140 in Q3 2016.
- Funds reported $668M of Sonic Automotive stock for Q4 2016, up 22% quarter-over-quarter.
- 18 funds opened new Sonic Automotive positions in Q4 2016 and 10 closed out, a net change of +8 holders.
- The largest Sonic Automotive buyer in Q4 2016 was LSV Asset Management, an estimated $13.2M added.
- The largest Sonic Automotive seller in Q4 2016 was Lombardia Capital Partners, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2016.