Sonic Automotive
142 hedge funds and large institutions have $336M invested in Sonic Automotive in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 53 reducing their positions, and 34 closing their positions.
119% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $572K
0.63% less ownership
Funds ownership: 83.15% → 82.52% (-0.63%)
10% less funds holding
Funds holding: 157 → 142 (-15)
11% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 53
38% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 34
58% less capital invested
Capital invested by funds: $802M → $336M (-$466M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$12.2M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
+$12.1M |
| 3 |
Goldman Sachs
New York
|
+$8.1M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$8.03M |
| 5 |
Morgan Stanley
New York
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$20M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.8M |
| 3 |
BlackRock
New York
|
-$5.07M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.19M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$3.15M |
SAH Hedge Fund Activity: Q1 2020 in Review
142 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q1 2020, worth a combined $336M — down 58% from $802M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of SAH and 21 opened new positions — a net loss of 13 holders — while 53 trimmed existing stakes and 47 added.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $12.2M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $20M sold.
- 142 institutional investors held Sonic Automotive (SAH) as of Q1 2020, down from 157 in Q4 2019.
- Funds reported $336M of Sonic Automotive stock for Q1 2020, down 58% quarter-over-quarter.
- 21 funds opened new Sonic Automotive positions in Q1 2020 and 34 closed out, a net change of -13 holders.
- The largest Sonic Automotive buyer in Q1 2020 was Philadelphia Financial Management of San Francisco, an estimated $12.2M added.
- The largest Sonic Automotive seller in Q1 2020 was Loomis, Sayles & Company, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2020.