Sonic Automotive
SAH
129 hedge funds and large institutions have $560M invested in Sonic Automotive in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 10 closing their positions.
9% more capital invested
Capital invested by funds: $513M → $560M (+$47.1M)
2% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 44
0.37% less ownership
Funds ownership: 89.1% → 88.72% (-0.37%)
2% less funds holding
Funds holding: 131 → 129 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
89% less call options, than puts
Call options by funds: $62K | Put options by funds: $571K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.92M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$3.17M |
| 3 |
Goldman Sachs
New York
|
+$2.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.86M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Proxima Capital Management
New York
|
-$2.85M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$2.38M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.98M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.76M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
126
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $2K | – | – | – |
|
|
MOACM
127
Mutual of America Capital Management
New York
| $2K | +$1.86K | +89 | New |
|
|
OAM
128
Oxford Asset Management
Oxford,
United Kingdom
| – | -$546K | -28,817 | Closed |
|
129
Renaissance Technologies
New York
| – | -$495K | -26,100 | Closed |
|
|
LCM
130
Laurion Capital Management
New York
| – | -$454K | -23,978 | Closed |
|
|
KCM
131
Kennedy Capital Management
St Louis,
Missouri
| – | -$394K | -20,769 | Closed |
|
132
Squarepoint
New York
| – | -$306K | -16,149 | Closed |
|
|
MC
133
Menta Capital
San Francisco,
California
| – | -$292K | -15,429 | Closed |
|
|
FA
134
FDx Advisors
Chicago,
Illinois
| – | -$260K | -13,703 | Closed |
|
|
PG
135
PEAK6 Group
Chicago,
Illinois
| – | -$35.1K | -1,681 | Closed |
|
|
CIP
136
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$30K | -1,565 | Closed |
|
|
RCAG
137
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$1K | -47 | Closed |
|
|
JA
138
JOYN Advisors
Atlanta,
Georgia
| – | +$167 | +8 | New |
|
SAH Hedge Fund Activity: Q2 2018 in Review
129 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2018, worth a combined $560M — up 9.2% from $513M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SAH and 8 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 45 added.
The largest buyer was BlackRock, adding an estimated $5.92M. The largest seller was Proxima Capital Management, cutting an estimated $2.85M.
- 129 institutional investors held Sonic Automotive (SAH) as of Q2 2018, down from 131 in Q1 2018.
- Funds reported $560M of Sonic Automotive stock for Q2 2018, up 9.2% quarter-over-quarter.
- 8 funds opened new Sonic Automotive positions in Q2 2018 and 10 closed out, a net change of -2 holders.
- The largest Sonic Automotive buyer in Q2 2018 was BlackRock, an estimated $5.92M added.
- The largest Sonic Automotive seller in Q2 2018 was Proxima Capital Management, an estimated $2.85M sold.
Based on aggregated 13F filings for Q2 2018.