Sonic Automotive
147 hedge funds and large institutions have $937M invested in Sonic Automotive in 2014 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 65 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
7% more capital invested
Capital invested by funds: $872M → $937M (+$64.7M)
3% more funds holding
Funds holding: 143 → 147 (+4)
0.87% more ownership
Funds ownership: 87.79% → 88.66% (+0.87%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
48% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 65
96% less call options, than puts
Call options by funds: $27K | Put options by funds: $749K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$9.07M |
| 2 |
State Street
Boston,
Massachusetts
|
+$7.94M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$6.76M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.01M |
| 5 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
-$33.3M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$12.4M |
| 3 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$6.86M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.27M |
| 5 |
MC
MSF Capital
New York
|
-$3.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Nomura Holdings
Tokyo,
Japan
| – | -$664K | -26,895 | Closed |
|
|
SCM
152
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$585K | -23,887 | Closed |
|
153
Jane Street
New York
| – | -$552K | -22,527 | Closed |
|
|
GAM
154
Gotham Asset Management
New York
| – | -$511K | -20,837 | Closed |
|
|
TRCT
155
Tower Research Capital (TRC)
New York
| – | -$427K | -17,433 | Closed |
|
156
JP Morgan Chase
New York
| – | -$408K | -16,641 | Closed |
|
|
HT
157
HAP Trading
New York
| – | -$262K | -10,685 | Closed |
|
|
PM
158
Parametrica Management
Wanchai,
Hong Kong
| – | -$221K | -9,032 | Closed |
|
|
PCM
159
Prelude Capital Management
New York
| – | -$139K | -5,660 | Closed |
|
|
CSS
160
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$92K | -3,765 | Closed |
|
161
BNP Paribas Financial Markets
Paris,
France
| – | -$58.8K | -2,400 | Closed |
|
|
NFG
162
Next Financial Group
Houston,
Texas
| – | -$8K | -340 | Closed |
|
|
WA
163
WFG Advisors
Dallas,
Texas
| – | +$126 | +5 | New |
|
SAH Hedge Fund Activity: Q4 2014 in Review
147 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q4 2014, worth a combined $937M — up 7.4% from $872M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SAH positions and 17 closed out — a net gain of 6 holders — while 34 added to existing stakes and 65 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $9.07M. The largest seller was Lakewood Capital Management, cutting an estimated $33.3M.
- 147 institutional investors held Sonic Automotive (SAH) as of Q4 2014, up from 143 in Q3 2014.
- Funds reported $937M of Sonic Automotive stock for Q4 2014, up 7.4% quarter-over-quarter.
- 23 funds opened new Sonic Automotive positions in Q4 2014 and 17 closed out, a net change of +6 holders.
- The largest Sonic Automotive buyer in Q4 2014 was Heartland Advisors, an estimated $9.07M added.
- The largest Sonic Automotive seller in Q4 2014 was Lakewood Capital Management, an estimated $33.3M sold.
Based on aggregated 13F filings for Q4 2014.