Sonic Automotive
165 hedge funds and large institutions have $830M invested in Sonic Automotive in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 57 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more funds holding
Funds holding: 153 → 165 (+12)
1.27% more ownership
Funds ownership: 88.42% → 89.69% (+1.3%)
2% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 57
3% less capital invested
Capital invested by funds: $857M → $830M (-$26.6M)
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $303K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$30.8M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$8.67M |
| 3 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
+$8.14M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$5.32M |
| 5 |
IMIM
Irving Magee Investment Management
Conshohocken,
Pennsylvania
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$23.3M |
| 2 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
-$12.8M |
| 3 |
EC
Eminence Capital
New York
|
-$12.3M |
| 4 |
GCM
Glenview Capital Management
New York
|
-$6.8M |
| 5 |
Goldman Sachs
New York
|
-$4.62M |
SAH Hedge Fund Activity: Q2 2015 in Review
165 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2015, worth a combined $830M — down 3.1% from $857M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SAH positions and 13 closed out — a net gain of 12 holders — while 56 added to existing stakes and 57 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $30.8M. The largest seller was Ameriprise, cutting an estimated $23.3M.
- 165 institutional investors held Sonic Automotive (SAH) as of Q2 2015, up from 153 in Q1 2015.
- Funds reported $830M of Sonic Automotive stock for Q2 2015, down 3.1% quarter-over-quarter.
- 25 funds opened new Sonic Automotive positions in Q2 2015 and 13 closed out, a net change of +12 holders.
- The largest Sonic Automotive buyer in Q2 2015 was Cambiar Investors, an estimated $30.8M added.
- The largest Sonic Automotive seller in Q2 2015 was Ameriprise, an estimated $23.3M sold.
Based on aggregated 13F filings for Q2 2015.