Sonic Automotive
196 hedge funds and large institutions have $919M invested in Sonic Automotive in 2023 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 48 increasing their positions, 88 reducing their positions, and 21 closing their positions.
3,571% more call options, than puts
Call options by funds: $5.95M | Put options by funds: $162K
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
25% more capital invested
Capital invested by funds: $735M → $919M (+$183M)
9.05% more ownership
Funds ownership: 65.7% → 74.76% (+9.1%)
8% more funds holding
Funds holding: 181 → 196 (+15)
45% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$29.3M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$28M |
| 3 |
Millennium Management
New York
|
+$16.1M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$12.9M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MOACM
Mutual of America Capital Management
New York
|
-$9.75M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$8.96M |
| 3 |
TCA
Teewinot Capital Advisers
New York
|
-$4.93M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$4.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.56M |
SAH Hedge Fund Activity: Q4 2023 in Review
196 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q4 2023, worth a combined $919M — up 25% from $735M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SAH positions and 21 closed out — a net gain of 16 holders — while 48 added to existing stakes and 88 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $29.3M. The largest seller was Mutual of America Capital Management, exiting entirely with an estimated $9.75M sold.
- 196 institutional investors held Sonic Automotive (SAH) as of Q4 2023, up from 181 in Q3 2023.
- Funds reported $919M of Sonic Automotive stock for Q4 2023, up 25% quarter-over-quarter.
- 37 funds opened new Sonic Automotive positions in Q4 2023 and 21 closed out, a net change of +16 holders.
- The largest Sonic Automotive buyer in Q4 2023 was Morgan Stanley, an estimated $29.3M added.
- The largest Sonic Automotive seller in Q4 2023 was Mutual of America Capital Management, an estimated $9.75M sold.
Based on aggregated 13F filings for Q4 2023.