Sonic Automotive
SAH
128 hedge funds and large institutions have $388M invested in Sonic Automotive in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 14 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
8% more capital invested
Capital invested by funds: $358M → $388M (+$30.3M)
0% less ownership
Funds ownership: 84.59% → 84.59% (-0%)
6% less funds holding
Funds holding: 136 → 128 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
99% less call options, than puts
Call options by funds: $4K | Put options by funds: $407K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.8M |
| 2 |
Millennium Management
New York
|
+$4.19M |
| 3 |
BlackRock
New York
|
+$3.85M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.94M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$7.75M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$6.18M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.35M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.19M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$1.13M |
SAH Hedge Fund Activity: Q1 2019 in Review
128 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2019, worth a combined $388M — up 8.5% from $358M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SAH and 6 opened new positions — a net loss of 8 holders — while 40 trimmed existing stakes and 45 added.
The largest buyer was Vanguard Group, adding an estimated $4.8M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $7.75M sold.
- 128 institutional investors held Sonic Automotive (SAH) as of Q1 2019, down from 136 in Q4 2018.
- Funds reported $388M of Sonic Automotive stock for Q1 2019, up 8.5% quarter-over-quarter.
- 6 funds opened new Sonic Automotive positions in Q1 2019 and 14 closed out, a net change of -8 holders.
- The largest Sonic Automotive buyer in Q1 2019 was Vanguard Group, an estimated $4.8M added.
- The largest Sonic Automotive seller in Q1 2019 was Ceredex Value Advisors, an estimated $7.75M sold.
Based on aggregated 13F filings for Q1 2019.