Sonic Automotive
147 hedge funds and large institutions have $517M invested in Sonic Automotive in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 52 reducing their positions, and 15 closing their positions.
4.93% more ownership
Funds ownership: 84.29% → 89.22% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $527M → $517M (-$9.58M)
2% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 52
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
1% less funds holding
Funds holding: 149 → 147 (-2)
73% less call options, than puts
Call options by funds: $3K | Put options by funds: $11K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$11.7M |
| 2 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$4.03M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$3.37M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$3.08M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.6M |
| 2 |
Renaissance Technologies
New York
|
-$2.88M |
| 3 |
Millennium Management
New York
|
-$2.54M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.39M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
First Trust Advisors
Wheaton,
Illinois
| – | -$994K | -53,788 | Closed |
|
|
HI
152
HBK Investments
Dallas,
Texas
| – | -$985K | -53,306 | Closed |
|
|
ACM
153
Altalis Capital Management
New York
| – | -$876K | -47,431 | Closed |
|
|
AL
154
Airain Ltd
St. Peter Port,
Guernsey
| – | -$618K | -33,431 | Closed |
|
|
DTL
155
Dynamic Technology Lab
Singapore
| – | -$421K | -22,769 | Closed |
|
|
HCM
156
Highbridge Capital Management
New York
| – | -$326K | -17,646 | Closed |
|
|
SCM
157
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$309K | -16,730 | Closed |
|
|
PP
158
Paloma Partners
Greenwich,
Connecticut
| – | -$234K | -12,670 | Closed |
|
|
PAM
159
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$213K | -11,537 | Closed |
|
|
VKH
160
Virtu KCG Holdings
New York
| – | -$189K | -10,238 | Closed |
|
|
QT
161
Quantbot Technologies
New York
| – | -$33K | -1,807 | Closed |
|
162
Walleye Trading
New York
| – | -$22K | -1,211 | Closed |
|
|
GT
163
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -131 | Closed |
|
SAH Hedge Fund Activity: Q2 2016 in Review
147 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2016, worth a combined $517M — down 1.8% from $527M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SAH and 14 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 51 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $11.7M. The largest seller was Morgan Stanley, cutting an estimated $4.6M.
- 147 institutional investors held Sonic Automotive (SAH) as of Q2 2016, down from 149 in Q1 2016.
- Funds reported $517M of Sonic Automotive stock for Q2 2016, down 1.8% quarter-over-quarter.
- 14 funds opened new Sonic Automotive positions in Q2 2016 and 15 closed out, a net change of -1 holder.
- The largest Sonic Automotive buyer in Q2 2016 was Towle & Co, an estimated $11.7M added.
- The largest Sonic Automotive seller in Q2 2016 was Morgan Stanley, an estimated $4.6M sold.
Based on aggregated 13F filings for Q2 2016.