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Sonic Automotive

183 hedge funds and large institutions have $818M invested in Sonic Automotive in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 86 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $229K | Put options by funds: $153K

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

1% less funds holding

Funds holding: 185183 (-2)

4.25% less ownership

Funds ownership: 77.68%73.43% (-4.3%)

18% less capital invested

Capital invested by funds: $995M → $818M (-$177M)

48% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 86

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
183
Holders Change
-2
Holders Change %
-1.08%
% of All Funds
2.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
45
Reduced
86
Closed
32
Calls
$229K
Puts
$153K
Net Calls
+$76K
Net Calls Change
+$320K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$131M -$20.2M -438,209 -14%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$93.3M -$3.73M -80,918 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$79.6M -$3.06M -66,410 -4%
Hotchkis & Wiley Capital Management
4
Hotchkis & Wiley Capital Management
California
$43.9M +$1.21M +26,280 +3%
State Street
5
State Street
Massachusetts
$38.5M +$379K +8,230 +1%
Millennium Management
6
Millennium Management
New York
$35.1M +$20.2M +438,962 +147%
Macquarie Group
7
Macquarie Group
Australia
$27.9M +$327K +7,102 +1%
Goldman Sachs
8
Goldman Sachs
New York
$26.9M +$5.97M +129,505 +30%
Invesco
9
Invesco
Georgia
$26.3M -$1.11M -23,978 -4%
LSV Asset Management
10
LSV Asset Management
Illinois
$18.7M -$9.29M -201,600 -34%
Charles Schwab
11
Charles Schwab
California
$17.4M -$377K -8,183 -2%
ER
12
EVR Research
Virginia
$16.7M +$3.69M +80,000 +30%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$14.9M -$841K -18,243 -6%
Northern Trust
14
Northern Trust
Illinois
$14.9M -$843K -18,281 -6%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$12.7M -$622K -13,493 -5%
BCM
16
Bridgeway Capital Management
Texas
$10.8M -$1.17M -25,486 -10%
MOACM
17
Mutual of America Capital Management
New York
$10.3M -$2.19M -47,461 -18%
Morgan Stanley
18
Morgan Stanley
New York
$9.67M -$1.96M -42,541 -17%
VC
19
Voss Capital
Texas
$9.04M +$8.74M +189,630 New
TCA
20
Teewinot Capital Advisers
New York
$8.66M -$2.9M -63,000 -26%
American Century Companies
21
American Century Companies
Missouri
$8.64M -$2.15M -46,615 -20%
JGC
22
J. Goldman & Co
New York
$8.41M +$8.14M +176,464 New
State of Wisconsin Investment Board
23
State of Wisconsin Investment Board
Wisconsin
$8.24M -$51.3K -1,113 -0.6%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$7.94M -$2.87M -62,147 -27%
Citadel Advisors
25
Citadel Advisors
Florida
$6.91M +$142K +3,089 +2%

SAH Hedge Fund Activity: Q2 2023 in Review

183 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sonic Automotive (SAH) for Q2 2023, worth a combined $818M — down 18% from $995M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SAH and 30 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 45 added.

The largest buyer was Millennium Management, adding an estimated $20.2M. The largest seller was BlackRock, cutting an estimated $20.2M.

  • 183 institutional investors held Sonic Automotive (SAH) as of Q2 2023, down from 185 in Q1 2023.
  • Funds reported $818M of Sonic Automotive stock for Q2 2023, down 18% quarter-over-quarter.
  • 30 funds opened new Sonic Automotive positions in Q2 2023 and 32 closed out, a net change of -2 holders.
  • The largest Sonic Automotive buyer in Q2 2023 was Millennium Management, an estimated $20.2M added.
  • The largest Sonic Automotive seller in Q2 2023 was BlackRock, an estimated $20.2M sold.

Based on aggregated 13F filings for Q2 2023.