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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
LC
176
Lindbrook Capital
California
$334 +$323 +7 New
GRP
177
Global Retirement Partners
California
$286 -$277 -6 -50%
HNB
178
Huntington National Bank
Ohio
$286 +$277 +6 New
ECM
179
EMC Capital Management
Texas
$213 +$838K +18,185 +394%
AF
180
Advisornet Financial
Minnesota
$191 +$46 +1 +33%
SIC
181
SJS Investment Consulting
Ohio
$144 -$46 -1 -25%
S
182
SignatureFD
Georgia
$143 -$3.46K -75 -96%
DI
183
Disciplined Investments
Oklahoma
$143 +$46 +1 +50%
Envestnet Asset Management
184
Envestnet Asset Management
Illinois
-$27.6K -356,639 Closed
Fuller & Thaler Asset Management
185
Fuller & Thaler Asset Management
California
-$10.8M -198,224 Closed
RA
186
Royce & Associates
New York
-$6.89M -126,809 Closed
IECM
187
Intrinsic Edge Capital Management
Illinois
-$2.89M -53,261 Closed
TC
188
TwinBeech Capital
New York
-$2.66M -49,002 Closed
AIMCA
189
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
-$2.08M -38,200 Closed
DZ Bank
190
DZ Bank
Germany
-$2.07M -38,098 Closed
Voloridge Investment Management
191
Voloridge Investment Management
Florida
-$1.87M -34,329 Closed
D.E. Shaw & Co
192
D.E. Shaw & Co
New York
-$1.85M -33,978 Closed
Allianz Asset Management
193
Allianz Asset Management
Germany
-$1.32M -24,227 Closed
MAM
194
Martingale Asset Management
Massachusetts
-$1.3M -23,925 Closed
ECM
195
ExodusPoint Capital Management
New York
-$1.2M -22,039 Closed
GCM
196
Graham Capital Management
Connecticut
-$1.14M -20,894 Closed
Assenagon Asset Management
197
Assenagon Asset Management
Luxembourg
-$903K -16,609 Closed
Truist Financial
198
Truist Financial
North Carolina
-$651K -11,975 Closed
SO
199
STRS Ohio
Ohio
-$510K -9,400 Closed
AI
200
AdvisorShares Investments
Maryland
-$450K -8,289 Closed

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.