Sonic Automotive
208 hedge funds and large institutions have $1.26B invested in Sonic Automotive in 2021 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 55 increasing their positions, 80 reducing their positions, and 15 closing their positions.
187% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 15
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
40% more call options, than puts
Call options by funds: $3.98M | Put options by funds: $2.84M
19% more capital invested
Capital invested by funds: $1.05B → $1.26B (+$205M)
16% more funds holding
Funds holding: 180 → 208 (+28)
1.04% more ownership
Funds ownership: 79.59% → 80.63% (+1%)
31% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.6M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$11.9M |
| 3 |
TCA
Teewinot Capital Advisers
New York
|
+$9.56M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
+$7.38M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$6.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$16.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$14.7M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$9.48M |
| 4 |
State Street
Boston,
Massachusetts
|
-$6M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$5.14M |
SAH Hedge Fund Activity: Q3 2021 in Review
208 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q3 2021, worth a combined $1.26B — up 19% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SAH positions and 15 closed out — a net gain of 28 holders — while 55 added to existing stakes and 80 trimmed.
The largest buyer was Millennium Management, adding an estimated $13.6M. The largest seller was Westwood Holdings Group, cutting an estimated $16.1M.
- 208 institutional investors held Sonic Automotive (SAH) as of Q3 2021, up from 180 in Q2 2021.
- Funds reported $1.26B of Sonic Automotive stock for Q3 2021, up 19% quarter-over-quarter.
- 43 funds opened new Sonic Automotive positions in Q3 2021 and 15 closed out, a net change of +28 holders.
- The largest Sonic Automotive buyer in Q3 2021 was Millennium Management, an estimated $13.6M added.
- The largest Sonic Automotive seller in Q3 2021 was Westwood Holdings Group, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2021.