Sonic Automotive
SAH
143 hedge funds and large institutions have $609M invested in Sonic Automotive in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 15 closing their positions.
120% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 15
57% more capital invested
Capital invested by funds: $388M → $609M (+$222M)
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
12% more funds holding
Funds holding: 128 → 143 (+15)
0.54% less ownership
Funds ownership: 84.59% → 84.05% (-0.54%)
32% less call options, than puts
Call options by funds: $240K | Put options by funds: $355K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$15M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.58M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.79M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.4M |
| 2 |
BlackRock
New York
|
-$5.78M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$4.27M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
-$2.5M |
| 5 |
Goldman Sachs
New York
|
-$2.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
151
PEAK6 Investments
Chicago,
Illinois
| – | -$37K | -2,486 | Closed |
|
|
SWM
152
SeaCrest Wealth Management
Purchase,
New York
| – | -$30K | -2,006 | Closed |
|
|
AIC
153
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$15K | -1,033 | Closed |
|
154
Simplex Trading
Chicago,
Illinois
| – | -$16.3K | -846 | Closed |
|
|
CAM
155
Cresset Asset Management
Chicago,
Illinois
| – | -$2K | -108 | Closed |
|
|
LC
156
Lindbrook Capital
Calabasas,
California
| – | -$1.44K | -75 | -88% |
|
SAH Hedge Fund Activity: Q2 2019 in Review
143 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2019, worth a combined $609M — up 57% from $388M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SAH positions and 15 closed out — a net gain of 18 holders — while 47 added to existing stakes and 42 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $15M. The largest seller was Fidelity Investments, exiting entirely with an estimated $10.4M sold.
- 143 institutional investors held Sonic Automotive (SAH) as of Q2 2019, up from 128 in Q1 2019.
- Funds reported $609M of Sonic Automotive stock for Q2 2019, up 57% quarter-over-quarter.
- 33 funds opened new Sonic Automotive positions in Q2 2019 and 15 closed out, a net change of +18 holders.
- The largest Sonic Automotive buyer in Q2 2019 was Philadelphia Financial Management of San Francisco, an estimated $15M added.
- The largest Sonic Automotive seller in Q2 2019 was Fidelity Investments, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2019.