SONIC AUTOMOTIVE INC SAH
CL A · Common Stock · CUSIP 83545G102
American automotive retailing company
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersCharlotte, NC
- Founded1997
- Websitesonicautomotive.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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.37. Options: 4 managers hold calls ($1.3m notional), 3 hold puts ($316.8k).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 201 |
| Q4 2022 | 200 |
| Q1 2023 | 188 |
| Q2 2023 | 184 |
| Q3 2023 | 183 |
| Q4 2023 | 197 |
| Q1 2024 | 185 |
| Q2 2024 | 193 |
| Q3 2024 | 190 |
| Q4 2024 | 189 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 82 | 99 |
| Q2 2023 | 72 | 122 |
| Q3 2023 | 73 | 105 |
| Q4 2023 | 78 | 109 |
| Q1 2024 | 71 | 109 |
| Q2 2024 | 94 | 84 |
| Q3 2024 | 75 | 107 |
| Q4 2024 | 73 | 101 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $4.5m | $841.9k | 0.19 |
| Q2 2024 | $1.2m | $778.7k | 0.63 |
| Q3 2024 | $795.3k | $146.2k | 0.18 |
| Q4 2024 | $1.3m | $316.8k | 0.24 |
Biggest buyers
| Verition Fund Management LLC | Added | +80.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +64.5k |
| Phocas Financial Corp. | Added | +54.0k |
| DENALI ADVISORS LLC | Added | +45.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +36.7k |
| BlackRock, Inc. | Added | +32.0k |
| HITE Hedge Asset Management LLC | Added | +30.0k |
| UBS Group AG | Added | +25.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +22.3k |
| Balyasny Asset Management L.P. | New | +21.2k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -169.4k |
| MORGAN STANLEY | Reduced | -114.8k |
| GUGGENHEIM CAPITAL LLC | Sold out | -95.9k |
| WESTWOOD HOLDINGS GROUP INC | Reduced | -70.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -63.7k |
| TOWLE & CO | Reduced | -59.5k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -54.7k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -52.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -29.1k |
| CITIGROUP INC | Reduced | -28.8k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $931.2k14.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $361.1k5.7k shares |
| SIMPLEX TRADING, LLC | New | $44.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 LLC | First filing | $215.4k3.4k shares |
| CITADEL ADVISORS LLC | Reduced | $101.4k1.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
SMITH BRYAN SCOTT
13D · may seek influence
filed 2026-06-17
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented by adding the following: The Reporting Persons filed an initial Schedule 13D on November 19, 1997. The Schedule 13D was amended from time to time to reflect, among other things, additional purchases and sales of Shares over time. The Reporting Persons presently believe that the Shares are undervalued at current market prices and represent an attractive investment opportunity. As a result, the Reporting Persons are filing this Amendment to, among other things, report their intention to potentially acquire additional Shares from time to time in open market transactions or in privately negotiated transactions with third parties. The Reporting Persons have not decided on an exact number of Shares to acquire, which will depend on ma… Full filing |
42.3% |
| BlackRock, Inc. 13G · institution -1.1 pts · filed 2026-10-27 | 9.1% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution -1.4 pts · filed 2025-07-15 | 6.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q4 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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $6.6m | — |
| Q2 2023 | 0 | — | 2 | $5.6m | — |
| Q3 2023 | 0 | — | 1 | $2.4m | $2.1m |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 3 | $11.0m | $2.0m |
| Q3 2024 | 0 | — | 1 | $1.2m | $1.2m |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.4m $150.9m | Added +32.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.7m $104.6m | Reduced -52.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.6m $98.7m | Added +20.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 889.2k $56.3m | Added +64.5k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 759.1k $48.1m | Reduced -2.4k |
| STATE STREET CORP 0.00% of their portfolio | 687.6k $43.8m | Reduced -1.6k |
| Invesco Ltd. 0.01% of their portfolio | 600.4k $38.0m | Reduced -24.8k |
| WESTWOOD HOLDINGS GROUP INC 0.25% of their portfolio | 508.2k $32.2m | Reduced -70.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 476.1k $30.2m | Added +18.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 380.7k $24.1m | Reduced -2.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 332.4k $21.1m | Reduced -1.3k |
| TOWLE & CO 3.41% of their portfolio | 313.3k $19.8m | Reduced -59.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 291.1k $18.4m | Added +18.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio | 258.1k $16.4m | Reduced -3.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 223.8k $14.2m | Reduced -15.6k |
| MORGAN STANLEY 0.00% of their portfolio | 187.7k $11.9m | Reduced -114.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 158.0k $10.0m | Reduced -63.7k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 132.1k $8.4m | Added +14.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 128.8k $8.2m | Added +1.4k |
| J. Goldman & Co LP 0.28% of their portfolio | 127.1k $8.1m | Reduced -3.0k |
| Phocas Financial Corp. 0.98% of their portfolio | 116.3k $7.4m | Added +54.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 111.7k $7.1m | Added +5.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 94.1k $6.0m | Reduced -169.4k |
| Verition Fund Management LLC 0.03% of their portfolio | 91.0k $5.8m | Added +80.3k |
| DENALI ADVISORS LLC 0.58% of their portfolio | 87.1k $5.5m | Added +45.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 83.6k $5.3m | Added +5.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 82.6k $5.2m | Reduced -12.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 81.0k $5.1m | Reduced -25.5k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 75.4k $4.8m | Reduced -1.4k |
| CITIGROUP INC 0.00% of their portfolio | 74.5k $4.7m | Reduced -28.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 73.4k $4.6m | Reduced -13.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 71.1k $4.5m | Added +2.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 69.8k $4.4m | Added +36.7k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 68.8k $4.4m | Added +20.8k |
| HITE Hedge Asset Management LLC 0.27% of their portfolio | 58.5k $3.7m | Added +30.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 57.5k $3.6m | Reduced -260 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 56.5k $3.6m | Reduced -52 |
| HARBOR CAPITAL ADVISORS, INC. 0.16% of their portfolio | 56.4k $3.6m | Added +978 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 52.1k $3.3m | Reduced -24.5k |
| FORMULA GROWTH LTD 1.09% of their portfolio | 50.8k $3.2m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 46.0k $2.9m | Reduced -2.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 45.0k $2.9m | Added +15.8k |
| Engineers Gate Manager LP 0.05% of their portfolio | 43.7k $2.8m | Added +1.2k |
| Legal & General Group Plc 0.00% of their portfolio | 42.4k $2.7m | Added +3.0k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 42.3k $2.7m | Reduced -2.9k |
| UBS Group AG 0.00% of their portfolio | 41.2k $2.6m | Added +25.3k |
| Teewinot Capital Advisers, L.L.C. 0.25% of their portfolio | 39.3k $2.5m | Unchanged |
| FMR LLC 0.00% of their portfolio | 37.2k $2.4m | Reduced -15.0k |
| BARCLAYS PLC 0.00% of their portfolio | 36.8k $2.3m | Added +12.4k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 36.6k $2.3m | Added +5.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 33.4k $2.1m | Added +1.9k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 33.4k $2.1m | Reduced -20.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 32.1k $2.0m | Added +22.3k |
| Swiss National Bank 0.00% of their portfolio | 30.5k $1.9m | Added +600 |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 30.2k $1.9m | Reduced -54.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 27.1k $1.7m | Reduced -20.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 25.9k $1.6m | Added +212 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 25.8k $1.6m | Reduced -14.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 24.3k $1.5m | Reduced -500 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 24.1k $1.5m | Added +8.6k |
| WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio | 23.8k $1.5m | Reduced -3.6k |
| Mutual Advisors, LLC 0.05% of their portfolio | 23.6k $1.6m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 22.1k $1.4m | Reduced -3.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 21.9k $1.4m | Added +3.0k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 21.2k $1.3m | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 20.9k $1.3m | Reduced -397 |
| New Age Alpha Advisors, LLC 0.05% of their portfolio | 20.7k $1.3m | New |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 20.7k $1.3m | Reduced -14.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 20.6k $1.3m | Added +390 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 20.5k $1.3m | Reduced -2.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 20.0k $1.3m | Added +9.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 19.1k $1.2m | Reduced -200 |
| NorthCrest Asset Manangement, LLC 0.04% of their portfolio | 18.5k $1.2m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 17.9k $1.1m | Reduced -1.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 17.3k $1.1m | Reduced -8.2k |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 15.9k $1.0m | Reduced -16.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 15.3k $967.9k | Reduced -6.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 14.8k $939.3k | Reduced -200 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 14.4k $912.8k | Reduced -6 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 14.3k $910.0k | Added +973 |
| Lombard Odier Asset Management (USA) Corp 0.32% of their portfolio | 13.2k $833.7k | Added +4.1k |
| Trexquant Investment LP 0.01% of their portfolio | 12.8k $810.6k | Reduced -8.2k |
| Campbell & CO Investment Adviser LLC 0.06% of their portfolio | 12.4k $788.6k | New |
| Nebula Research & Development LLC 0.09% of their portfolio | 12.4k $785.5k | Reduced -3.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 11.3k $716.0k | Reduced -144 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 10.3k $655.0k | Added +2.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.2k $644.0k | Reduced -1.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 9.6k $609.6k | Reduced -20 |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 9.3k $587.8k | Reduced -639 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 9.2k $585.9k | Added +3.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 9.2k $584.1k | Added +126 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 9.1k $576.7k | Added +731 |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 9.0k $567.2k | Reduced -2.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 8.4k $530.2k | Added +380 |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 8.3k $523.0k | Reduced -51 |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 8.2k $522.6k | Reduced -2.7k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 8.0k $508.2k | Reduced -966 |
| MAI Capital Management 0.00% of their portfolio | 7.9k $497.7k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 7.9k $497.7k | Reduced -503 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 7.7k $489.2k | Reduced -191 |