Sonic Automotive
204 hedge funds and large institutions have $817M invested in Sonic Automotive in 2022 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 71 increasing their positions, 75 reducing their positions, and 27 closing their positions.
283% more call options, than puts
Call options by funds: $1.79M | Put options by funds: $469K
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
0.66% more ownership
Funds ownership: 80.21% → 80.87% (+0.66%)
0% less funds holding
Funds holding: 205 → 204 (-1)
5% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 75
14% less capital invested
Capital invested by funds: $952M → $817M (-$135M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$18.5M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.18M |
| 4 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$5.8M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$4.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$56.7M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$9.99M |
| 3 |
CC
Clearline Capital
New York
|
-$8.75M |
| 4 |
BlackRock
New York
|
-$6.85M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$6.6M |
SAH Hedge Fund Activity: Q2 2022 in Review
204 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2022, worth a combined $817M — down 14% from $952M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SAH positions and 27 closed out — a net gain of 4 holders — while 71 added to existing stakes and 75 trimmed.
The largest buyer was Millennium Management, adding an estimated $18.5M. The largest seller was Westwood Holdings Group, exiting entirely with an estimated $56.7M sold.
- 204 institutional investors held Sonic Automotive (SAH) as of Q2 2022, down from 205 in Q1 2022.
- Funds reported $817M of Sonic Automotive stock for Q2 2022, down 14% quarter-over-quarter.
- 31 funds opened new Sonic Automotive positions in Q2 2022 and 27 closed out, a net change of +4 holders.
- The largest Sonic Automotive buyer in Q2 2022 was Millennium Management, an estimated $18.5M added.
- The largest Sonic Automotive seller in Q2 2022 was Westwood Holdings Group, an estimated $56.7M sold.
Based on aggregated 13F filings for Q2 2022.