ASBURY AUTOMOTIVE GROUP INC ABG
COM · Common Stock · CUSIP 043436104
Car dealership corporation
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersAtlanta, GA
- Founded1995
- Websiteasburyauto.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.0m this quarter). Holder counts are more reliable. Shares outstanding: 20.0m as of 2024-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $227.39. Options: 8 managers hold calls ($65.5m notional), 3 hold puts ($10.9m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 274 |
| Q4 2022 | 273 |
| Q1 2023 | 301 |
| Q2 2023 | 307 |
| Q3 2023 | 314 |
| Q4 2023 | 313 |
| Q1 2024 | 312 |
| Q2 2024 | 301 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 118 | 143 |
| Q1 2023 | 153 | 150 |
| Q2 2023 | 124 | 182 |
| Q3 2023 | 132 | 166 |
| Q4 2023 | 136 | 171 |
| Q1 2024 | 143 | 183 |
| Q2 2024 | 145 | 161 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $78.0m | $30.7m | 0.39 |
| Q4 2023 | $47.8m | $8.9m | 0.19 |
| Q1 2024 | $62.0m | $18.2m | 0.29 |
| Q2 2024 | $65.5m | $10.9m | 0.17 |
Biggest buyers
| TIMUCUAN ASSET MANAGEMENT INC/FL | New | +546.3k |
| JPMORGAN CHASE & CO | Added | +347.6k |
| EMINENCE CAPITAL, LP | Added | +146.2k |
| Advent International, L.P. | New | +135.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +70.0k |
| Khrom Capital Management LLC | New | +63.9k |
| JANE STREET GROUP, LLC | Added | +63.4k |
| GCM Grosvenor Holdings, LLC | Added | +52.2k |
| Marex Group Ltd | New | +31.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +25.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -775.1k |
| Capital Research Global Investors | Sold out | -438.8k |
| BlackRock Inc. | Reduced | -136.9k |
| HITE Hedge Asset Management LLC | Sold out | -117.1k |
| VANGUARD GROUP INC | Reduced | -76.0k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -68.3k |
| Voss Capital, LP | Reduced | -56.2k |
| Epoch Investment Partners, Inc. | Reduced | -52.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -45.8k |
| Point72 Asset Management, L.P. | Sold out | -38.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $44.2m194.1k shares |
| JANE STREET GROUP, LLC | Added | $7.2m31.6k shares |
| CITADEL ADVISORS LLC | Reduced | $6.1m26.8k shares |
| PEAK6 Investments LLC | Added | $3.5m15.4k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m12.3k shares |
| TWO SIGMA SECURITIES, LLC | Added | $1.4m6.3k shares |
| ROYAL BANK OF CANADA | New | $228.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $6.4m28.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.5m15.4k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $979.8k4.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 14.9% |
| ABRAMS CAPITAL MANAGEMENT, L.P. 13G · passive investor filed 2026-08-13 | 11.6% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-10-08 | 6.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: Impactive Capital LP (4.8%, 2026-07-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), EMINENCE CAPITAL, LP (5.0%, 2025-11-14)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 6 | $12.4m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $1.6m | — |
| Q1 2024 | 0 | — | 3 | $1.4m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 3.1m $706.8m | Reduced -136.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.2m $511.3m | Reduced -76.0k |
| ABRAMS CAPITAL MANAGEMENT, L.P. 9.39% of their portfolio | 2.1m $480.5m | Unchanged |
| Impactive Capital LP 17.86% of their portfolio | 2.0m $459.6m | Reduced -400 |
| NEUBERGER BERMAN GROUP LLC 0.25% of their portfolio | 1.3m $300.4m | Reduced -68.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.1m $240.8m | Added +70.0k |
| STATE STREET CORP 0.01% of their portfolio | 797.7k $181.8m | Reduced -32.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 639.4k $145.7m | Added +347.6k |
| Simcoe Capital Management, LLC 20.76% of their portfolio | 607.1k $138.3m | Reduced -36.8k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 4.28% of their portfolio | 546.3k $124.5m | New |
| EMINENCE CAPITAL, LP 1.83% of their portfolio | 498.5k $113.6m | Added +146.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 472.7k $107.7m | Added +13.7k |
| MORGAN STANLEY 0.01% of their portfolio | 349.7k $79.7m | Reduced -775.1k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 281.3k $64.1m | Reduced -10.9k |
| Channing Capital Management, LLC 1.70% of their portfolio | 272.3k $62.1m | Added +9.1k |
| NORGES BANK 0.01% of their portfolio | 262.5k $59.8m | Reduced -36.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 210.5k $48.0m | Added +7.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 209.9k $47.8m | Reduced -8.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 197.8k $45.1m | Added +7.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 196.6k $44.8m | Added +4.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.30% of their portfolio | 194.7k $44.4m | Added +15.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.40% of their portfolio | 175.3k $39.9m | Added +728 |
| GW&K Investment Management, LLC 0.32% of their portfolio | 155.2k $35.4m | Reduced -209 |
| LAKEWOOD CAPITAL MANAGEMENT, LP 3.04% of their portfolio | 154.9k $35.3m | Unchanged |
| Invesco Ltd. 0.01% of their portfolio | 152.3k $34.7m | Reduced -27.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 152.3k $34.7m | Reduced -45.8k |
| Advent International, L.P. 0.74% of their portfolio | 135.8k $30.9m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 121.4k $16.8m | Added +15.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 110.2k $25.1m | Reduced -22.1k |
| MAGNOLIA GROUP, LLC 3.81% of their portfolio | 110.0k $25.1m | Added +8.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 109.3k $24.9m | Reduced -4.9k |
| ROYCE & ASSOCIATES LP 0.21% of their portfolio | 100.2k $22.8m | Reduced -23.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 99.5k $22.7m | Reduced -7.3k |
| Voss Capital, LP 2.23% of their portfolio | 97.8k $22.3m | Reduced -56.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 96.7k $22.0m | Reduced -18.2k |
| TOWLE & CO 2.88% of their portfolio | 96.3k $21.9m | Added +881 |
| GLENMEDE TRUST CO NA 0.09% of their portfolio | 82.0k $18.7m | Added +1.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 76.0k $17.3m | Reduced -74 |
| Brandywine Global Investment Management, LLC 0.12% of their portfolio | 73.1k $16.7m | Added +14.3k |
| GCM Grosvenor Holdings, LLC 2.44% of their portfolio | 73.0k $16.6m | Added +52.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 70.7k $16.1m | Reduced -7.5k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 70.2k $16.0m | Added +63.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 68.3k $15.6m | Reduced -1.9k |
| River Road Asset Management, LLC 0.22% of their portfolio | 66.6k $15.2m | Added +18.9k |
| Legal & General Group Plc 0.00% of their portfolio | 64.9k $14.8m | Reduced -9.0k |
| Khrom Capital Management LLC 2.75% of their portfolio | 63.9k $14.6m | New |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 63.1k $14.4m | Reduced -2.0k |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 2.09% of their portfolio | 47.4k $10.8m | Added +24.6k |
| South Dakota Investment Council 0.22% of their portfolio | 47.2k $10.8m | Reduced -230 |
| Public Sector Pension Investment Board 0.06% of their portfolio | 44.4k $10.1m | Added +2.2k |
| CITIGROUP INC 0.01% of their portfolio | 44.3k $10.1m | Added +23.9k |
| Covalis Capital LLP 1.35% of their portfolio | 43.7k $9.9m | Reduced -18.1k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 41.8k $9.5m | Reduced -4.5k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 41.2k $9.4m | Reduced -143 |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 40.7k $9.3m | Reduced -985 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 39.4k $9.0m | Added +20 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 37.9k $8.6m | Added +25.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 37.8k $8.6m | Reduced -1.9k |
| Swiss National Bank 0.01% of their portfolio | 36.2k $8.2m | Reduced -300 |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 35.9k $8.2m | Added +17.1k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 32.7k $7.5m | Reduced -76 |
| Phocas Financial Corp. 0.85% of their portfolio | 32.6k $7.4m | Reduced -616 |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 32.3k $7.4m | Added +456 |
| Marex Group Ltd 0.19% of their portfolio | 31.7k $7.2m | New |
| 13D Management LLC 5.03% of their portfolio | 30.3k $6.9m | Added +4.2k |
| ADVISORY RESEARCH INC 1.29% of their portfolio | 30.1k $6.9m | Reduced -14.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 28.0k $6.4m | Added +675 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 26.8k $6.1m | Reduced -14 |
| SEI INVESTMENTS CO 0.01% of their portfolio | 25.8k $5.9m | Added +945 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 25.1k $5.7m | Added +2.1k |
| Illinois Municipal Retirement Fund 0.08% of their portfolio | 24.1k $5.5m | Reduced -625 |
| Foundry Partners, LLC 0.27% of their portfolio | 22.2k $5.0m | Added +1.1k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 21.2k $4.8m | Reduced -4.6k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 21.0k $4.8m | Added +9.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.2k $4.6m | Added +1.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 19.9k $4.5m | Added +448 |
| BARCLAYS PLC 0.00% of their portfolio | 19.8k $4.5m | Reduced -6.4k |
| Man Group plc 0.01% of their portfolio | 19.5k $4.4m | Added +14.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 19.5k $4.4m | First filing |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 18.8k $4.3m | Reduced -14.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 18.6k $4.2m | Reduced -851 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 18.3k $4.2m | Reduced -644 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 17.0k $3.9m | Reduced -3.2k |
| Evergreen Private Wealth LLC 1.82% of their portfolio | 16.2k $3.7m | Added +116 |
| Epoch Investment Partners, Inc. 0.02% of their portfolio | 15.7k $3.6m | Reduced -52.4k |
| Verition Fund Management LLC 0.03% of their portfolio | 15.1k $3.4m | Added +5.2k |
| Squarepoint Ops LLC 0.01% of their portfolio | 15.0k $3.4m | Added +6.9k |
| NFJ INVESTMENT GROUP, LLC 0.10% of their portfolio | 14.0k $3.2m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 13.8k $3.1m | Reduced -200 |
| Bridgewater Associates, LP 0.02% of their portfolio | 13.0k $3.0m | Reduced -5.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 12.8k $2.9m | Added +11.4k |
| ARGENT CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 12.6k $2.9m | Added +1.1k |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 11.8k $2.7m | Reduced -692 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 11.8k $2.7m | Added +99 |
| Corebridge Financial, Inc. 0.01% of their portfolio | 11.7k $2.7m | First filing |
| MetLife Investment Management, LLC 0.02% of their portfolio | 11.7k $2.7m | Added +970 |
| LRT Capital Management, LLC 2.49% of their portfolio | 11.6k $2.6m | Added +1.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 11.5k $2.6m | Added +561 |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 11.4k $2.6m | Added +18 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 11.3k $2.6m | Reduced -1.5k |