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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
PNC Financial Services Group
101
PNC Financial Services Group
Pennsylvania
$457K +$3.41K +74 +0.8%
HW
102
Hancock Whitney
Mississippi
$452K -$3.96K -86 -0.9%
OQS
103
Occudo Quantitative Strategies
Florida
$452K +$437K +9,478 New
Janus Henderson Group
104
Janus Henderson Group
United Kingdom
$442K -$1.11K -24 -0.3%
VAM
105
Verity Asset Management
North Carolina
$428K +$175K +3,791 +73%
MIM
106
MetLife Investment Management
New Jersey
$414K -$39.9K -866 -9%
YCM
107
Yousif Capital Management
Michigan
$405K -$43.9K -952 -10%
AIG
108
American International Group
New York
$402K -$59.4K -1,288 -13%
SSA
109
Schonfeld Strategic Advisors
New York
$397K +$384K +8,325 New
LSERS
110
Louisiana State Employees Retirement System
Louisiana
$396K +$23.1K +500 +6%
CIAS
111
Capital Investment Advisory Services
North Carolina
$388K +$41.8K +906 +13%
Franklin Resources
112
Franklin Resources
California
$386K +$373K +8,098 New
CC
113
Centiva Capital
New York
$358K +$346K +7,514 New
New York State Common Retirement Fund
114
New York State Common Retirement Fund
New York
$355K -$114K -2,471 -25%
Wells Fargo
115
Wells Fargo
California
$341K -$28.6K -620 -8%
DU
116
Delphia (USA)
Ontario, Canada
$316K +$33K +715 +12%
CAPTRUST Financial Advisors
117
CAPTRUST Financial Advisors
North Carolina
$314K -$8.99K -195 -3%
AB
118
Amalgamated Bank
New York
$311K -$34.9K -757 -10%
II
119
Inspire Investing
Idaho
$311K +$68.7K +1,490 +30%
Manulife (Manufacturers Life Insurance)
120
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$307K -$42.6K -924 -13%
MSRPS
121
Maryland State Retirement & Pension System
Maryland
$295K -$24.2K -525 -8%
DTL
122
Dynamic Technology Lab
Singapore
$293K +$283K +6,143 New
SFI
123
Susquehanna Fundamental Investments
Pennsylvania
$288K -$569K -12,337 -67%
TRSOTSOK
124
Teachers Retirement System of the State of Kentucky
Kentucky
$286K +$14.9K +324 +6%
KAM
125
Knightsbridge Asset Management
California
$285K -$10.1M -218,909 -97%

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.