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Sonic Automotive

136 hedge funds and large institutions have $358M invested in Sonic Automotive in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 8

19% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 36

10% more funds holding

Funds holding: 124136 (+12)

3.86% less ownership

Funds ownership: 88.45%84.59% (-3.9%)

32% less capital invested

Capital invested by funds: $525M → $358M (-$168M)

99% less call options, than puts

Call options by funds: $4K | Put options by funds: $727K

Holders
136
Holders Change
+12
Holders Change %
+9.68%
% of All Funds
3.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
43
Reduced
36
Closed
8
Calls
$4K
Puts
$727K
Net Calls
-$723K
Net Calls Change
-$723K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$58.6M +$3.16M +189,881 +5%
Hotchkis & Wiley Capital Management
2
Hotchkis & Wiley Capital Management
California
$40.1M +$422K +25,409 +0.9%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$36.2M -$97.7K -5,878 -0.2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$28.1M -$4.92M -295,984 -13%
LSV Asset Management
5
LSV Asset Management
Illinois
$27.9M -$4.26M -256,505 -11%
Northern Trust
6
Northern Trust
Illinois
$16.7M -$62.2K -3,744 -0.3%
TC
7
Towle & Co
Colorado
$16.2M -$120K -7,239 -0.6%
State Street
8
State Street
Massachusetts
$13.7M -$197K -11,832 -1%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$10M -$4M -241,000 -25%
Prudential Financial
10
Prudential Financial
New Jersey
$9.44M +$476K +28,633 +4%
CVA
11
Ceredex Value Advisors
Florida
$7.75M -$18.3M -1,099,366 -66%
Charles Schwab
12
Charles Schwab
California
$7.55M +$377K +22,697 +4%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$6.63M +$1.07M +64,186 +15%
O
14
OppenheimerFunds
New York
$5.13M +$1.12M +67,256 +22%
BCM
15
Bridgeway Capital Management
Texas
$3.77M -$499K -30,000 -10%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$3.46M +$228K +13,736 +6%
Goldman Sachs
17
Goldman Sachs
New York
$3.33M +$254K +15,298 +7%
Invesco
18
Invesco
Georgia
$3.01M +$1.04M +62,450 +40%
MCM
19
Matarin Capital Management
New York
$2.71M +$419K +25,202 +15%
Principal Financial Group
20
Principal Financial Group
Iowa
$2.64M +$21.4K +1,288 +0.7%
PPA
21
Parametric Portfolio Associates
Washington
$2.55M +$80.7K +4,856 +3%
Morgan Stanley
22
Morgan Stanley
New York
$2.48M -$1.31M -79,036 -30%
Citadel Advisors
23
Citadel Advisors
Florida
$2.35M +$618K +37,176 +28%
Marshall Wace
24
Marshall Wace
United Kingdom
$2.34M +$2.82M +169,856 New
Barrow, Hanley, Mewhinney & Strauss
25
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.23M +$63.8K +3,838 +2%

SAH Hedge Fund Activity: Q4 2018 in Review

136 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q4 2018, worth a combined $358M — down 32% from $525M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new SAH positions and 8 closed out — a net gain of 12 holders — while 43 added to existing stakes and 36 trimmed.

The largest buyer was BlackRock, adding an estimated $3.16M. The largest seller was Ceredex Value Advisors, cutting an estimated $18.3M.

  • 136 institutional investors held Sonic Automotive (SAH) as of Q4 2018, up from 124 in Q3 2018.
  • Funds reported $358M of Sonic Automotive stock for Q4 2018, down 32% quarter-over-quarter.
  • 20 funds opened new Sonic Automotive positions in Q4 2018 and 8 closed out, a net change of +12 holders.
  • The largest Sonic Automotive buyer in Q4 2018 was BlackRock, an estimated $3.16M added.
  • The largest Sonic Automotive seller in Q4 2018 was Ceredex Value Advisors, an estimated $18.3M sold.

Based on aggregated 13F filings for Q4 2018.