13D Management Sells $5 million of Asbury Automotive Stock

2 hours ago 1

John Ballard, The Motley Fool

Fri, March 20, 2026 astatine 12:33 PM CDT 4 min read

On Feb. 17, 2026, 13D Management LLC disclosed successful a U.S. Securities and Exchange Commission (SEC) filing that it sold its full involvement successful Asbury Automotive Group (NYSE:ABG) successful the 4th fourth of 2025.

According to its SEC filing dated Feb. 17, 2026, 13D Management LLC reported zero shares held successful Asbury Automotive Group during the 4th quarter. The money antecedently disclosed a presumption worthy $5.2 cardinal astatine the extremity of the 3rd quarter, based connected marketplace closing prices and 21,337 shares held.

13D Management LLC sold retired of Asbury Automotive Group, eliminating its 5.0% allocation of its assets nether absorption (AUM) successful the erstwhile quarter.
Top holdings aft the filing:
- NYSE:TWLO: $8.6 cardinal (approximately 10.3% of AUM)
- NASDAQ:MRCY: $7.5 cardinal (approximately 9.0% of AUM)
- NASDAQ:VSAT: $6.9 cardinal (approximately 8.3% of AUM)
- NYSE:ALV: $6.6 cardinal (approximately 7.9% of AUM)
- NYSE:PSO: $6.4 cardinal (approximately 7.6% of AUM)
As of Feb. 16, 2026, ABG shares were priced astatine $229.44, down 24.4% implicit the past twelvemonth and underperforming the S&P 500 by 36.2 percent points.
Fund reported 16 U.S. equity positions totaling $84 cardinal successful reportable assets aft the quarter.
Fund’s wide AUM declined by 19% 4th implicit quarter, indicating broader portfolio downsizing and marketplace terms changes.

Metric

Value

Revenue (TTM)	$18.00 billion
Net income (TTM)	$492.00 million
Market capitalization	$4.46 billion
Price (as of marketplace adjacent 2/13/26)	$229.44

Offers caller and utilized vehicles, conveyance repair and maintenance, replacement parts, collision repair, and a scope of concern and security products.
Generates gross chiefly done automotive income and after-sales services, complemented by financing and aftermarket merchandise commissions.
Serves retail consumers crossed the United States done a web of dealership locations and collision centers.

Asbury Automotive Group, Inc. is 1 of the largest automotive retailers successful the United States, operating implicit 150 dealership locations and aggregate collision centers. The institution leverages a diversified portfolio of automotive brands and broad work offerings to thrust accordant gross streams.

Asbury Automotive has had a coagulated agelong of maturation implicit the past 2 years. The banal rose, reflecting affirmative gross and net maturation past year. But 13D Management whitethorn spot amended opportunities elsewhere, fixed the stock’s higher valuation.

13D oversees a highly concentrated portfolio of stocks. The banal looks inexpensive astatine a price-to-earnings aggregate of 7, but car retail stocks person historically traded astatine discounts to the mean stock.

Read Entire Article