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Who owns auto and truck dealership stocks?

As of December 31, PAR Capital Management is the top shareholder and has disclosed a stake worth $94 million. Other auto and truck dealership stocks that hedge funds are heavily positioned in include AutoNation, Inc. (NYSE:AN), CarMax, Inc. (NYSE:KMX), and Copart, Inc. (NASDAQ:CPRT).

Do publicly traded dealerships have a chance to expand further?

But these publicly traded groups do have a lot of opportunity to expand further despite these factors. Currently, they only control a small share of the market of more than 16,000 dealerships. Watch the video to learn more.

Which auto & truck dealership stocks are a good investment?

In addition to Group 1 Automotive, Inc. (NYSE:GPI), other auto and truck dealership stocks that are popular among elite hedge funds include AutoNation, Inc. (NYSE:AN), CarMax, Inc. (NYSE:KMX), and Copart, Inc. (NASDAQ:CPRT). Disclosure: None. is originally published on Insider Monkey.

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