Advance Auto Parts Inc (AAP) Hedge Fund Ownership (Q2 2026)

Advance Auto Parts Inc (AAP)

363 + Investors. Track Smart Money conviction in AAP. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — AAP

Based on 366 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added AAP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

📊

High ownership — 79% of 3.0Y peak

79% of all-time peak

366 funds currently hold this stock — 79% of the 3.0-year high of 465 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q

+24 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 51% buying

189 buying178 selling

Last quarter: 189 funds bought or added vs 178 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~53 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 80 → 66 → 58 → 53. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 15% medium ■ 16% new

253 out of 366 hedge funds have held AAP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Price up while funds trimmed (+26% value, -0% shares)

Value

+25%

+0%

Last quarter: total value of institutional AAP holdings rose +26% even though funds reduced share count by 0%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.

📊

Peak discovery — momentum slowing

49 → 80 → 66 → 58 → 53 new funds/Q

New funds entering each quarter: 80 → 66 → 58 → 53. AAP is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 73% veterans vs 20% newcomers

■ 73% veterans ■ 7% 1-2yr ■ 20% new

Entry-cohort mix of 394 holders: 286 (73%) are 2+ year veterans, 29 entered 1–2 years ago, and 79 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds

56 of 355 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in AAP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

2.4

out of 10

Low Exit Risk

Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	363	366	-0.82%
13F Shares	81M	81M	0.5%
Total Value	$4.27B	$3.64B	17.35%
New Positions	59	53	+6
Increased Positions	133	128	+5
Closed Positions	51	46	+5
Reduced Positions	116	125	-9
Total Calls	19	22	-13.64%
Total Puts	14	16	-12.5%
PUT/CALL Ratio	0.74	0.73	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

363

366

-0.82%

13F Shares

81M

0.5%

Total Value

$4.27B

$3.64B

17.35%

New Positions

Increased Positions

133

128

Closed Positions

Reduced Positions

116

125

-9

Total Calls

-13.64%

Total Puts

-12.5%

PUT/CALL Ratio

0.74

0.73

Neutral

Institutional Holders (2026 Q2)

363 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AAP. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 AAP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	H Partners Management, LLC	45.49%	1,400,000	$87.1M
2	Estuary Capital Management LP	6.48%	613,717	$38.2M
3	Solas Capital Management, LLC	5.64%	169,163	$10.5M
4	Rivermont Capital Management LP	3.09%	350,000	$21.8M
5	Maple Rock Capital Partners Inc.	2.95%	2,421,040	$150.6M
6	Savoir Faire Capital Management, L.P.	2.88%	74,514	$4.6M
7	Fund 1 Investments, LLC	2.16%	208,924	$13.0M
8	Hook Mill Capital Partners, LP	1.92%	332,910	$20.7M
9	Cramer Rosenthal Mcglynn LLC	1.68%	534,592	$33.3M
10	Tabor Asset Management, LP	1.64%	86,134	$5.4M
11	MAC Alpha Capital Management, LP	1.64%	56,788	$3.5M
12	Elgethun Capital Management	1.54%	177,210	$11.0M
13	Roberts Wealth Advisors, LLC	0.90%	63,778	$4.0M
14	Pursue Wealth Partners LLC	0.82%	23,501	$1.5M
15	Pzena Investment Management LLC	0.80%	4,389,501	$273.1M
16	Private Management Group Inc	0.76%	465,136	$28.9M
17	Bragg Financial Advisors, Inc	0.69%	412,050	$25.6M
18	Royce & Associates LP	0.67%	1,330,783	$82.8M
19	LGT Financial Advisors LLC	0.66%	2,000	$124K
20	Hussman Strategic Advisors, INC.	0.60%	42,000	$2.6M
21	nVerses Capital, LLC	0.47%	4,908	$305K
22	Palumbo Wealth Management LLC	0.47%	35,878	$2.2M
23	Phocas Financial Corp.	0.45%	51,698	$3.2M
24	Gamco Investors, INC. Et Al	0.42%	756,022	$47.0M
25	Veradace Capital Management LLC	0.38%	8,086	$503K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Advance Auto Parts Inc (AAP)

What does the Smart Money Trend signal show for AAP?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added AAP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AAP?

Slight buying edge — 51% buying: Last quarter: 189 funds bought or added vs 178 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AAP holders?

Elite ownership — 48% AUM from top-100 funds: 56 of 355 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in AAP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AAP?

69% of holders stayed for 2+ years: 253 out of 366 hedge funds have held AAP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Advance Auto Parts Inc (AAP)

Smart Money Signals — AAP

Buying streak — 1 quarter in a row

High ownership — 79% of 3.0Y peak

Steady growth — +7% more funds vs a year ago

Slight buying edge — 51% buying

Steady new buyers — ~53 new funds per quarter

69% of holders stayed for 2+ years

Price up while funds trimmed (+26% value, -0% shares)

Peak discovery — momentum slowing

Veteran-anchored — 73% veterans vs 20% newcomers

Elite ownership — 48% AUM from top-100 funds

Institutional Sentiment Summary — AAP

What Fund Managers Are Saying About AAP

Hedge Fund Ownership: AAP

Market Analysis: AAP

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: AAP

Hedge Fund Positioning: AAP

Statistics: AAP

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Advance Auto Parts Inc (AAP)

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