Sonic Automotive
151 hedge funds and large institutions have $805M invested in Sonic Automotive in 2019 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 41 reducing their positions, and 18 closing their positions.
57% more call options, than puts
Call options by funds: $2.72M | Put options by funds: $1.73M
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
34% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 41
32% more capital invested
Capital invested by funds: $609M → $805M (+$195M)
6% more funds holding
Funds holding: 143 → 151 (+8)
1.7% less ownership
Funds ownership: 84.05% → 82.35% (-1.7%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$12.9M |
| 2 |
Goldman Sachs
New York
|
+$8.52M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.36M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$5.28M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$28.1M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
-$13.7M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$12.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$5.91M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$5.55M |
SAH Hedge Fund Activity: Q3 2019 in Review
151 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2019, worth a combined $805M — up 32% from $609M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SAH positions and 18 closed out — a net gain of 8 holders — while 55 added to existing stakes and 41 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $12.9M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $28.1M.
- 151 institutional investors held Sonic Automotive (SAH) as of Q3 2019, up from 143 in Q2 2019.
- Funds reported $805M of Sonic Automotive stock for Q3 2019, up 32% quarter-over-quarter.
- 26 funds opened new Sonic Automotive positions in Q3 2019 and 18 closed out, a net change of +8 holders.
- The largest Sonic Automotive buyer in Q3 2019 was Loomis, Sayles & Company, an estimated $12.9M added.
- The largest Sonic Automotive seller in Q3 2019 was Hotchkis & Wiley Capital Management, an estimated $28.1M sold.
Based on aggregated 13F filings for Q3 2019.