Sonic Automotive
132 hedge funds and large institutions have $545M invested in Sonic Automotive in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 24 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
2.43% less ownership
Funds ownership: 87.66% → 85.23% (-2.4%)
6% less capital invested
Capital invested by funds: $578M → $545M (-$32.4M)
11% less funds holding
Funds holding: 149 → 132 (-17)
67% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 24
Top Buyers
| 1 |
Northern Trust
Chicago,
Illinois
|
+$4.36M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$2.66M |
| 3 |
EM
Elliott Management
New York
|
+$2.55M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$2.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.35M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$3.33M |
| 2 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$2.35M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.34M |
| 4 |
BlackRock
New York
|
-$2.04M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
151
Acrospire Investment Management
Chicago,
Illinois
| – | -$78K | -3,911 | Closed |
|
|
JWA
152
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$68K | -2,985 | Closed |
|
153
Walleye Trading
New York
| – | -$48 | -2,400 | Closed |
|
|
AP
154
Advisors Preferred
Rockville,
Maryland
| – | -$24 | -1,215 | Closed |
|
155
Parallax Volatility Advisers
San Francisco,
California
| – | -$13K | -630 | Closed |
|
156
AssetMark Inc
Concord,
California
| – | +$324 | +17 | New |
|
SAH Hedge Fund Activity: Q2 2017 in Review
132 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2017, worth a combined $545M — down 5.6% from $578M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SAH and 8 opened new positions — a net loss of 16 holders — while 44 trimmed existing stakes and 48 added.
The largest buyer was Northern Trust, adding an estimated $4.36M. The largest seller was Millennium Management, exiting entirely with an estimated $3.33M sold.
- 132 institutional investors held Sonic Automotive (SAH) as of Q2 2017, down from 149 in Q1 2017.
- Funds reported $545M of Sonic Automotive stock for Q2 2017, down 5.6% quarter-over-quarter.
- 8 funds opened new Sonic Automotive positions in Q2 2017 and 24 closed out, a net change of -16 holders.
- The largest Sonic Automotive buyer in Q2 2017 was Northern Trust, an estimated $4.36M added.
- The largest Sonic Automotive seller in Q2 2017 was Millennium Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2017.