Sonic Automotive
SAH
131 hedge funds and large institutions have $513M invested in Sonic Automotive in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 48 reducing their positions, and 15 closing their positions.
2.08% more ownership
Funds ownership: 87.02% → 89.1% (+2.1%)
2% more capital invested
Capital invested by funds: $501M → $513M (+$12.4M)
3% less funds holding
Funds holding: 135 → 131 (-4)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
29% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 48
42% less call options, than puts
Call options by funds: $443K | Put options by funds: $766K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.15M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.76M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.61M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$5.77M |
| 2 |
EM
Elliott Management
New York
|
-$5.75M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$4.5M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$1.47M |
| 5 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$1.19M |
SAH Hedge Fund Activity: Q1 2018 in Review
131 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2018, worth a combined $513M — up 2.5% from $501M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SAH and 12 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 34 added.
The largest buyer was BlackRock, adding an estimated $9.3M. The largest seller was Bank of New York Mellon, cutting an estimated $5.77M.
- 131 institutional investors held Sonic Automotive (SAH) as of Q1 2018, down from 135 in Q4 2017.
- Funds reported $513M of Sonic Automotive stock for Q1 2018, up 2.5% quarter-over-quarter.
- 12 funds opened new Sonic Automotive positions in Q1 2018 and 15 closed out, a net change of -3 holders.
- The largest Sonic Automotive buyer in Q1 2018 was BlackRock, an estimated $9.3M added.
- The largest Sonic Automotive seller in Q1 2018 was Bank of New York Mellon, an estimated $5.77M sold.
Based on aggregated 13F filings for Q1 2018.