Sonic Automotive
184 hedge funds and large institutions have $940M invested in Sonic Automotive in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 54 increasing their positions, 73 reducing their positions, and 25 closing their positions.
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
3% more funds holding
Funds holding: 178 → 184 (+6)
4% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $1.22M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.65% less ownership
Funds ownership: 81.82% → 81.17% (-0.65%)
6% less capital invested
Capital invested by funds: $1B → $940M (-$63.4M)
26% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$14.6M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$11.8M |
| 3 |
Millennium Management
New York
|
+$11.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.99M |
| 5 |
Bank of New York Mellon
New York
|
+$5.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$28.2M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$25.4M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$11.6M |
| 4 |
Goldman Sachs
New York
|
-$10.7M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$10.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
LPL Financial
San Diego,
California
| – | -$244K | -6,088 | Closed |
|
|
PGIM
202
Pacific Global Investment Management
Glendale,
California
| – | -$206K | -5,120 | Closed |
|
203
Acadian Asset Management
Boston,
Massachusetts
| – | -$131K | -3,256 | Closed |
|
|
PCM
204
Prelude Capital Management
New York
| – | -$61K | -1,527 | Closed |
|
|
GT
205
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$12K | -299 | Closed |
|
|
CFGS
206
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$5.08K | -125 | Closed |
|
|
S
207
SignatureFD
Atlanta,
Georgia
| – | -$1K | -25 | Closed |
|
|
PFWA
208
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| – | -$1K | -16 | Closed |
|
SAH Hedge Fund Activity: Q4 2020 in Review
184 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q4 2020, worth a combined $940M — down 6.3% from $1B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SAH positions and 25 closed out — a net gain of 6 holders — while 54 added to existing stakes and 73 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $14.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $28.2M sold.
- 184 institutional investors held Sonic Automotive (SAH) as of Q4 2020, up from 178 in Q3 2020.
- Funds reported $940M of Sonic Automotive stock for Q4 2020, down 6.3% quarter-over-quarter.
- 31 funds opened new Sonic Automotive positions in Q4 2020 and 25 closed out, a net change of +6 holders.
- The largest Sonic Automotive buyer in Q4 2020 was Victory Capital Management, an estimated $14.6M added.
- The largest Sonic Automotive seller in Q4 2020 was Driehaus Capital Management, an estimated $28.2M sold.
Based on aggregated 13F filings for Q4 2020.