Sonic Automotive
135 hedge funds and large institutions have $767M invested in Sonic Automotive in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 21 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
1.41% less ownership
Funds ownership: 85.78% → 84.37% (-1.4%)
1% less funds holding
Funds holding: 137 → 135 (-2)
10% less capital invested
Capital invested by funds: $853M → $767M (-$86.2M)
70% less call options, than puts
Call options by funds: $110K | Put options by funds: $370K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$12.6M |
| 2 |
PCM
Proxima Capital Management
New York
|
+$6.41M |
| 3 |
LCM
Lakewood Capital Management
New York
|
+$6.11M |
| 4 |
3CP
3G Capital Partners
New York
|
+$3.26M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$9.62M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$8.76M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.85M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.47M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$5.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -60 | Closed |
|
|
WA
152
WFG Advisors
Dallas,
Texas
| – | -$1K | -31 | Closed |
|
|
RWML
153
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| – | -$649 | -24 | Closed |
|
|
GGPS
154
Gary Goldberg Planning Services
Suffern,
New York
| – | +$46 | +2 | New |
|
|
BBHC
155
Brown Brothers Harriman & Co
New York
| – | +$437 | +19 | New |
|
SAH Hedge Fund Activity: Q1 2014 in Review
135 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2014, worth a combined $767M — down 10% from $853M a quarter earlier.
Fund positioning in SAH was balanced in Q1 2014: 21 funds opened new positions, 21 closed out, 43 added to existing stakes and 45 trimmed.
The largest buyer was Eminence Capital, adding an estimated $12.6M. The largest seller was Glenmede Trust, exiting entirely with an estimated $9.62M sold.
- 135 institutional investors held Sonic Automotive (SAH) as of Q1 2014, down from 137 in Q4 2013.
- Funds reported $767M of Sonic Automotive stock for Q1 2014, down 10% quarter-over-quarter.
- 21 funds opened new Sonic Automotive positions in Q1 2014 and 21 closed out, a net change of 0 holders.
- The largest Sonic Automotive buyer in Q1 2014 was Eminence Capital, an estimated $12.6M added.
- The largest Sonic Automotive seller in Q1 2014 was Glenmede Trust, an estimated $9.62M sold.
Based on aggregated 13F filings for Q1 2014.