Sonic Automotive

SAH • NYSE

Sonic Automotive is a auto - dealerships company in the consumer cyclical sector on NYSE, led by David Bruton Smith, with a market cap of $2.2B. As of Q3 2025, 46% of shares are held by 225 institutional investors, with BlackRock, Inc. as the largest holder at 7.07%.

Chief Executive OfficerDavid Bruton Smith

Market Cap$2.2B

Auto - Dealerships

Consumer Cyclical

Employees10.5K

Websitesonicautomotive.com

Country

United States of America

Overview

Overview of institutional ownership in SAH as of Q3 2025 with a market cap of $2.6B

All Institutions

Institutions: 225
Value Held: $1.2B
Shares Held: 15.6M
Avg Position: $5.3M
Median Position: $584.2K

Hedge Funds

Hedge Funds: 33
Value Held: $155.1M
Shares Held: 2.0M
Avg Position: $4.7M
Median Position: $2.9M

Ownership Breakdown

Institutional (non-HF)

39.57%

$1.0B

Hedge Funds

5.97%

$155.1M

Retail & Other

54.46%

$1.4B

Based on market cap of $2.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SAH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$183.7M 0.00% of portfolio	7.07% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$125.3M 0.00% of portfolio	4.82% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$97.3M 0.02% of portfolio	3.74% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
M MACQUARIE GROUP LTD Institution	-	$60.0M 0.07% of portfolio	2.31% 788.8K shares	Q1 2016 Held for 9y 8m	$82.9B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$48.8M 0.00% of portfolio	1.87% 638.7K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$39.1M 0.01% of portfolio	1.51% 514.4K shares	≤ Q2 2013 Held for 12y 5m+	$691.34B
WESTWOOD HOLDINGS GROUP INC Institution	Brian O. Casey CEO	$38.1M 0.28% of portfolio	1.47% 501.2K shares	Q4 2023 Held for 1y 11m	$13.8B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$34.7M 0.01% of portfolio	1.34% 456.5K shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$29.2M 0.02% of portfolio	1.12% 383.1K shares	≤ Q2 2013 Held for 12y 5m+	$121.98B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$28.6M 0.00% of portfolio	1.10% 376.4K shares	≤ Q2 2013 Held for 12y 5m+	$620.51B

Net Capital Flow

Institutional buying and selling activity for SAH in Q3 2025

Traded: +$14.3M
Buyers: 127
Sellers: 88
Total Bought: +$106.5M
Total Sold: −$92.2M
Avg Position: $4.7M

Biggest Buyers

Institution	Net Bought	Current Position
Q Qube Research & Technologies Ltd Institution	+$7.4M +97.9K shares	$7.4M 97.9K shares
VANGUARD GROUP INC Institution	+$7.4M +96.8K shares	$125.3M 1.6M shares
A AMERICAN CENTURY COMPANIES INC Institution	+$6.0M +78.9K shares	$8.4M 110.4K shares
GOLDMAN SACHS GROUP INC Institution	+$5.7M +75.5K shares	$39.1M 514.4K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$5.6M +73.0K shares	$6.6M 86.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$5.0M +65.3K shares	$29.2M 383.1K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	+$4.9M +64.8K shares	$5.8M 76.8K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$4.6M +60.0K shares	$6.3M 82.5K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$4.1M +53.5K shares	$14.0M 183.5K shares
HENDERSON GROUP PLC Institution	+$3.4M +45.0K shares	$4.0M 52.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	−$18.2M −239.1K shares	$24.9M 327.1K shares
M MACQUARIE GROUP LTD Institution	−$5.8M −76.6K shares	$60.0M 788.8K shares
U UniSuper Management Pty Ltd Institution	−$4.7M −59.4K shares	Sold Off 0 shares
DENALI ADVISORS LLC Long Only Manager	−$4.5M −56.7K shares	Sold Off 0 shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$4.3M −56.8K shares	$97.3M 1.3M shares
J Jump Financial, LLC Institution	−$3.1M −41.2K shares	$315.6K 4.1K shares
AMERIPRISE FINANCIAL INC Institution	−$3.1M −41.0K shares	$6.1M 80.0K shares
HARBOR CAPITAL ADVISORS, INC. ETF Provider	−$3.1M −40.8K shares	$767.7K 10.1K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$2.8M −36.8K shares	$7.5M 99.1K shares
MORGAN STANLEY RIA/Wealth	−$2.4M −32.2K shares	$14.8M 194.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SAH in Q3 2025

New Positions: 19
New Value: $5.5M
Exited Positions: 25
Exited Value: $20.6M

New Positions

Institution	Position Value
CWA Asset Management Group, LLC RIA/Wealth	$2.0M 26.4K shares
SEGALL BRYANT & HAMILL Long Only Manager	$1.2M 16.1K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	$778.5K 10.2K shares
Toroso Investments, LLC ETF Provider	$393.9K 5.2K shares
V Vestcor Investment Management Corp Institution	$336.4K 4.4K shares
HIGHLAND CAPITAL MANAGEMENT, LLC Long Only Manager	$318.5K 4.2K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$299.7K 3.9K shares
N NATIONAL BANK OF CANADA /FI/ Institution	$78.1K 1.0K shares
Point72 Europe LLP Digital Asset Manager	$22.6K 297.0 shares
FIRST HORIZON NATIONAL CORP RIA/Wealth	$18.6K 245.0 shares

Exited Positions

Institution	Previous Position
U UniSuper Management Pty Ltd Institution	$4.7M 59.4K shares
DENALI ADVISORS LLC Long Only Manager	$4.5M 56.7K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$2.2M 27.9K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.6M 20.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.1M 14.3K shares
ISLAY CAPITAL MANAGEMENT, LLC RIA/Wealth	$1.1M 14.3K shares
B Bryce Point Capital, LLC Hedge Fund•Market Neutral	$793.0K 9.9K shares
Horizon Investments, LLC/SC Long Only Manager	$596.0K 7.5K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$564.0K 7.1K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$372.0K 4.7K shares

Options Activity

Institutions with the largest Call and Put options positions in SAH as of Q3 2025

Call Positions: 2
Call Value: $913.1K
Put Positions: 1
Put Value: $220.7K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$913.1K 120.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$220.7K 29.0 contracts

Most Committed Institutions

Institutions with SAH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
TOWLE & CO Long Only Manager	Christopher Daly Towle CEO	2.86% $11.3M	0.44% 148.9K shares	Q4 2023 Held for 1y 11m	$396.4M
Phocas Financial Corp. Long Only Manager	William Franz Kim Schaff CEO	1.11% $8.6M	0.33% 112.5K shares	Q3 2024 Held for 1y 2m	$771.4M
FORMULA GROWTH LTD Hedge Fund•Long/Short	Randall William Kelly President	0.94% $2.7M	0.10% 35.8K shares	Q4 2015 Held for 9y 11m	$288.3M
Jackson Creek Investment Advisors LLC Long Only Manager	Mark Frederick Jaeger Managing Partner	0.52% $1.8M	0.07% 23.6K shares	Q2 2025 Held for 5 months	$345.2M
Oliver Luxxe Assets LLC RIA/Wealth	Brad David Jacobson Managing Partner	0.29% $1.8M	0.07% 24.0K shares	Q1 2025 Held for 8 months	$631.7M
PDT Partners, LLC Hedge Fund•Quant	Peter (Nmn) Muller CEO	0.28% $4.4M	0.17% 57.7K shares	Q2 2025 Held for 5 months	$1.6B
WESTWOOD HOLDINGS GROUP INC Institution	Brian O. Casey CEO	0.28% $38.1M	1.47% 501.2K shares	Q4 2023 Held for 1y 11m	$13.8B
Teewinot Capital Advisers, L.L.C. Hedge Fund•Long/Short	Michael Joseph Moriarty CEO	0.23% $3.0M	0.11% 39.3K shares	Q2 2020 Held for 5y 5m	$1.3B
Edgestream Partners, L.P. Hedge Fund•Quant Macro	Brian Tahan CEO	0.17% $5.8M	0.23% 76.8K shares	Q2 2025 Held for 5 months	$3.4B
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	Ludger (Nmn) Hentschel President	0.12% $669.6K	0.03% 8.8K shares	Q2 2025 Held for 5 months	$544.4M

Hedge Fund Spotlight

Discover hedge funds investing in SAH

TWO SIGMA ADVISERS, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $50.0B
Positions: 2,312
Last Reported: Q3 2025

Sector Allocation

Position in Sonic Automotive

Market Value: $7.0M
Shares Held: 91.4K
Portfolio Weight: 0.01%
Owned Since: 2021-Q1

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$1.5B	3.07%
2 Microsoft MSFT	Software - Infrastructure Technology	$1.5B	3.03%
3 Apple AAPL	Consumer Electronics Technology	$1.4B	2.79%