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Sonic Automotive

143 hedge funds and large institutions have $609M invested in Sonic Automotive in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 15

57% more capital invested

Capital invested by funds: $388M → $609M (+$222M)

12% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 42

12% more funds holding

Funds holding: 128143 (+15)

0.54% less ownership

Funds ownership: 84.59%84.05% (-0.54%)

32% less call options, than puts

Call options by funds: $240K | Put options by funds: $355K

Holders
143
Holders Change
+15
Holders Change %
+11.72%
% of All Funds
3.11%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
33
Increased
47
Reduced
42
Closed
15
Calls
$240K
Puts
$355K
Net Calls
-$115K
Net Calls Change
+$288K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$98.5M -$5.78M -300,033 -7%
Hotchkis & Wiley Capital Management
2
Hotchkis & Wiley Capital Management
California
$66.7M -$4.27M -221,500 -7%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$61M +$431K +22,386 +0.9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$55.2M +$61.5K +3,196 +0.1%
LSV Asset Management
5
LSV Asset Management
Illinois
$44.8M -$668K -34,700 -2%
Northern Trust
6
Northern Trust
Illinois
$28.6M +$220K +11,440 +0.9%
TC
7
Towle & Co
Colorado
$24.6M -$2.5M -129,662 -11%
State Street
8
State Street
Massachusetts
$21.6M +$94.9K +4,927 +0.5%
PFMOSF
9
Philadelphia Financial Management of San Francisco
California
$18.1M +$15M +777,275 New
Prudential Financial
10
Prudential Financial
New Jersey
$17.2M -$209K -10,874 -1%
Invesco
11
Invesco
Georgia
$13.2M +$4.58M +237,690 +72%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$11.7M +$364K +18,926 +4%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$8.58M +$1.41M +73,082 +25%
BCM
14
Bridgeway Capital Management
Texas
$6.4M
Marshall Wace
15
Marshall Wace
United Kingdom
$5.91M +$2.99M +155,281 +159%
Morgan Stanley
16
Morgan Stanley
New York
$5.74M +$739K +38,362 +18%
Barrow, Hanley, Mewhinney & Strauss
17
Barrow, Hanley, Mewhinney & Strauss
Texas
$5.24M -$468K -24,325 -10%
MCM
18
Matarin Capital Management
New York
$4.77M +$366K +18,991 +10%
DCM
19
Driehaus Capital Management
Illinois
$4.59M +$3.79M +196,788 New
Ameriprise
20
Ameriprise
Minnesota
$4.59M -$644K -33,455 -15%
Millennium Management
21
Millennium Management
New York
$4.5M -$1.67M -86,670 -31%
Principal Financial Group
22
Principal Financial Group
Iowa
$4.48M +$8.86K +460 +0.2%
PPA
23
Parametric Portfolio Associates
Washington
$4.28M -$18.1K -938 -0.5%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$4.22M -$939K -48,754 -21%
Goldman Sachs
25
Goldman Sachs
New York
$4M -$2.24M -116,276 -40%

SAH Hedge Fund Activity: Q2 2019 in Review

143 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2019, worth a combined $609M — up 57% from $388M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new SAH positions and 15 closed out — a net gain of 18 holders — while 47 added to existing stakes and 42 trimmed.

The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $15M. The largest seller was Fidelity Investments, exiting entirely with an estimated $10.4M sold.

  • 143 institutional investors held Sonic Automotive (SAH) as of Q2 2019, up from 128 in Q1 2019.
  • Funds reported $609M of Sonic Automotive stock for Q2 2019, up 57% quarter-over-quarter.
  • 33 funds opened new Sonic Automotive positions in Q2 2019 and 15 closed out, a net change of +18 holders.
  • The largest Sonic Automotive buyer in Q2 2019 was Philadelphia Financial Management of San Francisco, an estimated $15M added.
  • The largest Sonic Automotive seller in Q2 2019 was Fidelity Investments, an estimated $10.4M sold.

Based on aggregated 13F filings for Q2 2019.