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Sonic Automotive

124 hedge funds and large institutions have $525M invested in Sonic Automotive in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 34

0.27% less ownership

Funds ownership: 88.72%88.45% (-0.27%)

4% less funds holding

Funds holding: 129124 (-5)

6% less capital invested

Capital invested by funds: $560M → $525M (-$35M)

21% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 14

Holders
124
Holders Change
-5
Holders Change %
-3.88%
% of All Funds
2.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
47
Reduced
34
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$78.8M +$1.35M +65,494 +2%
Hotchkis & Wiley Capital Management
2
Hotchkis & Wiley Capital Management
California
$55.8M +$2.09M +101,100 +4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$51.1M -$164K -7,938 -0.3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$45.3M +$913K +44,150 +2%
LSV Asset Management
5
LSV Asset Management
Illinois
$44.2M -$26.9K -1,300 -0.1%
CVA
6
Ceredex Value Advisors
Florida
$32.2M -$7.37M -356,458 -18%
Northern Trust
7
Northern Trust
Illinois
$23.6M -$1.19M -57,437 -4%
TC
8
Towle & Co
Colorado
$22.9M +$167K +8,080 +0.7%
State Street
9
State Street
Massachusetts
$19.4M +$3.27M +158,001 +19%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$18.8M -$7.4M -358,000 -27%
Prudential Financial
11
Prudential Financial
New Jersey
$12.7M +$937K +45,309 +7%
Charles Schwab
12
Charles Schwab
California
$10.2M +$394K +19,058 +4%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$8.08M +$271K +13,110 +3%
O
14
OppenheimerFunds
New York
$5.91M +$335K +16,198 +6%
BCM
15
Bridgeway Capital Management
Texas
$5.88M
Morgan Stanley
16
Morgan Stanley
New York
$5.02M +$1.06M +51,402 +25%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$4.6M +$461K +22,312 +10%
Goldman Sachs
18
Goldman Sachs
New York
$4.39M -$724K -34,995 -13%
Principal Financial Group
19
Principal Financial Group
Iowa
$3.69M +$44.9K +2,171 +1%
PPA
20
Parametric Portfolio Associates
Washington
$3.49M -$58.9K -2,849 -2%
MCM
21
Matarin Capital Management
New York
$3.33M +$3.56M +171,966 New
Barrow, Hanley, Mewhinney & Strauss
22
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.06M -$364K -17,596 -10%
Invesco
23
Invesco
Georgia
$3.03M +$197K +9,531 +6%
Ameriprise
24
Ameriprise
Minnesota
$2.81M -$13.3K -643 -0.4%
Citadel Advisors
25
Citadel Advisors
Florida
$2.58M -$374K -18,082 -12%

SAH Hedge Fund Activity: Q3 2018 in Review

124 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2018, worth a combined $525M — down 6.2% from $560M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of SAH and 11 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 47 added.

The largest buyer was Matarin Capital Management, opening a new position worth an estimated $3.56M. The largest seller was Fidelity Investments, cutting an estimated $7.4M.

  • 124 institutional investors held Sonic Automotive (SAH) as of Q3 2018, down from 129 in Q2 2018.
  • Funds reported $525M of Sonic Automotive stock for Q3 2018, down 6.2% quarter-over-quarter.
  • 11 funds opened new Sonic Automotive positions in Q3 2018 and 14 closed out, a net change of -3 holders.
  • The largest Sonic Automotive buyer in Q3 2018 was Matarin Capital Management, an estimated $3.56M added.
  • The largest Sonic Automotive seller in Q3 2018 was Fidelity Investments, an estimated $7.4M sold.

Based on aggregated 13F filings for Q3 2018.