Sonic Automotive
150 hedge funds and large institutions have $836M invested in Sonic Automotive in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 45 increasing their positions, 55 reducing their positions, and 25 closing their positions.
149% more capital invested
Capital invested by funds: $336M → $836M (+$500M)
32% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 25
14% more call options, than puts
Call options by funds: $4.97M | Put options by funds: $4.36M
6% more funds holding
Funds holding: 142 → 150 (+8)
2.27% more ownership
Funds ownership: 82.52% → 84.79% (+2.3%)
18% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$21.4M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$13.1M |
| 3 |
Goldman Sachs
New York
|
+$10.2M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.31M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$21M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$7.81M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.51M |
| 4 |
Morgan Stanley
New York
|
-$5.24M |
| 5 |
BlackRock
New York
|
-$5.22M |
SAH Hedge Fund Activity: Q2 2020 in Review
150 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2020, worth a combined $836M — up 149% from $336M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SAH positions and 25 closed out — a net gain of 8 holders — while 45 added to existing stakes and 55 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $21.4M. The largest seller was Prudential Financial, cutting an estimated $21M.
- 150 institutional investors held Sonic Automotive (SAH) as of Q2 2020, up from 142 in Q1 2020.
- Funds reported $836M of Sonic Automotive stock for Q2 2020, up 149% quarter-over-quarter.
- 33 funds opened new Sonic Automotive positions in Q2 2020 and 25 closed out, a net change of +8 holders.
- The largest Sonic Automotive buyer in Q2 2020 was Victory Capital Management, an estimated $21.4M added.
- The largest Sonic Automotive seller in Q2 2020 was Prudential Financial, an estimated $21M sold.
Based on aggregated 13F filings for Q2 2020.