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Sonic Automotive

183 hedge funds and large institutions have $818M invested in Sonic Automotive in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 86 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $229K | Put options by funds: $153K

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

1% less funds holding

Funds holding: 185183 (-2)

4.25% less ownership

Funds ownership: 77.68%73.43% (-4.3%)

18% less capital invested

Capital invested by funds: $995M → $818M (-$177M)

48% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 86

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
183
Holders Change
-2
Holders Change %
-1.08%
% of All Funds
2.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
45
Reduced
86
Closed
32
Calls
$229K
Puts
$153K
Net Calls
+$76K
Net Calls Change
+$320K
Name Holding Trade Value Shares
Change
Change in
Stake
TRCT
151
Tower Research Capital (TRC)
New York
$28.6K -$213K -4,621 -89%
VCM
152
Versant Capital Management
Arizona
$27.5K
SOW
153
State of Wyoming
Wyoming
$25.1K -$63K -1,367 -72%
Osaic Holdings
154
Osaic Holdings
Arizona
$22.9K +$12.9K +279 +140%
HIA
155
Harbor Investment Advisory
Maryland
$22K
Nomura Asset Management
156
Nomura Asset Management
Japan
$17.2K
RTC
157
Riverview Trust Company
Washington
$16.3K
Carson Wealth (CWM LLC)
158
Carson Wealth (CWM LLC)
Nebraska
$15K -$738 -16 -5%
Point72 Asset Management
159
Point72 Asset Management
Connecticut
$14.1K -$166K -3,590 -92%
C
160
Covestor
United Kingdom
$8K +$7.84K +170 +4,250%
UBS Group
161
UBS Group
Switzerland
$7.25K -$566K -12,270 -99%
Barrow, Hanley, Mewhinney & Strauss
162
Barrow, Hanley, Mewhinney & Strauss
Texas
$5.77K
Bessemer Group
163
Bessemer Group
New Jersey
$5K +$4.61K +100 New
AIC
164
Archer Investment Corporation
Indiana
$4.93K
Fifth Third Bancorp
165
Fifth Third Bancorp
Ohio
$3.24K -$3.13K -68 -50%
MTIC
166
Missouri Trust & Investment Company
Missouri
$3.1K -$1.61K -35 -35%
PFBT
167
Parkside Financial Bank & Trust
Missouri
$2.24K -$369 -8 -15%
FHA
168
First Horizon Advisors
Tennessee
$2.24K
AF
169
Allworth Financial
California
$2.1K +$968 +21 +91%
QCG
170
Quadrant Capital Group
Ohio
$2K
HCP
171
Hexagon Capital Partners
Arkansas
$858 -$184 -4 -18%
GWS
172
Glassman Wealth Services
Virginia
$763
FMII
173
Farmers & Merchants Investments Inc
Nebraska
$620
MPWT
174
MassMutual Private Wealth & Trust
Connecticut
$572 +$553 +12 New
JWA
175
JFS Wealth Advisors
Pennsylvania
$334

SAH Hedge Fund Activity: Q2 2023 in Review

183 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2023, worth a combined $818M — down 18% from $995M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SAH and 30 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 45 added.

The largest buyer was Millennium Management, adding an estimated $20.2M. The largest seller was BlackRock, cutting an estimated $20.2M.

  • 183 institutional investors held Sonic Automotive (SAH) as of Q2 2023, down from 185 in Q1 2023.
  • Funds reported $818M of Sonic Automotive stock for Q2 2023, down 18% quarter-over-quarter.
  • 30 funds opened new Sonic Automotive positions in Q2 2023 and 32 closed out, a net change of -2 holders.
  • The largest Sonic Automotive buyer in Q2 2023 was Millennium Management, an estimated $20.2M added.
  • The largest Sonic Automotive seller in Q2 2023 was BlackRock, an estimated $20.2M sold.

Based on aggregated 13F filings for Q2 2023.