Sonic Automotive
135 hedge funds and large institutions have $501M invested in Sonic Automotive in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 48 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
31% more call options, than puts
Call options by funds: $234K | Put options by funds: $179K
5% more funds holding
Funds holding: 128 → 135 (+7)
0.1% less ownership
Funds ownership: 87.12% → 87.02% (-0.1%)
12% less capital invested
Capital invested by funds: $566M → $501M (-$65.1M)
29% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$4.97M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$2.65M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.51M |
| 4 |
Millennium Management
New York
|
+$1.5M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$11.8M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$4.29M |
| 3 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$1.73M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.27M |
SAH Hedge Fund Activity: Q4 2017 in Review
135 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q4 2017, worth a combined $501M — down 12% from $566M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SAH positions and 10 closed out — a net gain of 7 holders — while 34 added to existing stakes and 48 trimmed.
The largest buyer was SG Capital Management, opening a new position worth an estimated $4.97M. The largest seller was Elliott Management, cutting an estimated $11.8M.
- 135 institutional investors held Sonic Automotive (SAH) as of Q4 2017, up from 128 in Q3 2017.
- Funds reported $501M of Sonic Automotive stock for Q4 2017, down 12% quarter-over-quarter.
- 17 funds opened new Sonic Automotive positions in Q4 2017 and 10 closed out, a net change of +7 holders.
- The largest Sonic Automotive buyer in Q4 2017 was SG Capital Management, an estimated $4.97M added.
- The largest Sonic Automotive seller in Q4 2017 was Elliott Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2017.