Sonic Automotive
135 hedge funds and large institutions have $955M invested in Sonic Automotive in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 51 reducing their positions, and 16 closing their positions.
24% more capital invested
Capital invested by funds: $767M → $955M (+$188M)
3.91% more ownership
Funds ownership: 84.37% → 88.28% (+3.9%)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0% more funds holding
Funds holding: 135 → 135 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 51
83% less call options, than puts
Call options by funds: $112K | Put options by funds: $677K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$43.4M |
| 2 |
HCM
Highline Capital Management
New York
|
+$12.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$9.32M |
| 4 |
Goldman Sachs
New York
|
+$8.97M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$36.7M |
| 2 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$12.9M |
| 3 |
EC
Eminence Capital
New York
|
-$12.1M |
| 4 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
-$10.1M |
| 5 |
CA
Claar Advisors
New York
|
-$4.5M |
SAH Hedge Fund Activity: Q2 2014 in Review
135 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2014, worth a combined $955M — up 24% from $767M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SAH positions and 16 closed out — a net gain of 1 holder — while 47 added to existing stakes and 51 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $43.4M. The largest seller was Suntrust Banks, cutting an estimated $36.7M.
- 135 institutional investors held Sonic Automotive (SAH) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $955M of Sonic Automotive stock for Q2 2014, up 24% quarter-over-quarter.
- 17 funds opened new Sonic Automotive positions in Q2 2014 and 16 closed out, a net change of +1 holder.
- The largest Sonic Automotive buyer in Q2 2014 was Glenview Capital Management, an estimated $43.4M added.
- The largest Sonic Automotive seller in Q2 2014 was Suntrust Banks, an estimated $36.7M sold.
Based on aggregated 13F filings for Q2 2014.