Sonic Automotive
178 hedge funds and large institutions have $1.01B invested in Sonic Automotive in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 38 increasing their positions, 70 reducing their positions, and 17 closing their positions.
165% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 17
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more capital invested
Capital invested by funds: $836M → $1.01B (+$169M)
19% more funds holding
Funds holding: 150 → 178 (+28)
3% less call options, than puts
Call options by funds: $1.77M | Put options by funds: $1.82M
2.97% less ownership
Funds ownership: 84.79% → 81.82% (-3%)
46% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$22.8M |
| 2 |
JP Morgan Chase
New York
|
+$11.8M |
| 3 |
ACM
Atika Capital Management
New York
|
+$10.1M |
| 4 |
Bank of New York Mellon
New York
|
+$8.84M |
| 5 |
RA
Royce & Associates
New York
|
+$8.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$23.4M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
-$18.8M |
| 3 |
Goldman Sachs
New York
|
-$15.8M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$10.9M |
| 5 |
BlackRock
New York
|
-$9.72M |
SAH Hedge Fund Activity: Q3 2020 in Review
178 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2020, worth a combined $1.01B — up 20% from $836M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SAH positions and 17 closed out — a net gain of 28 holders — while 38 added to existing stakes and 70 trimmed.
The largest buyer was Macquarie Group, adding an estimated $22.8M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $23.4M.
- 178 institutional investors held Sonic Automotive (SAH) as of Q3 2020, up from 150 in Q2 2020.
- Funds reported $1.01B of Sonic Automotive stock for Q3 2020, up 20% quarter-over-quarter.
- 45 funds opened new Sonic Automotive positions in Q3 2020 and 17 closed out, a net change of +28 holders.
- The largest Sonic Automotive buyer in Q3 2020 was Macquarie Group, an estimated $22.8M added.
- The largest Sonic Automotive seller in Q3 2020 was Hotchkis & Wiley Capital Management, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2020.