AutoZone Shares Acquired by Andra AP fonden

Institutional investor increases stake in auto parts retailer

Published on Feb. 28, 2026

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Andra AP fonden, a Swedish pension fund, has increased its position in AutoZone, Inc. (NYSE:AZO) by 12.5% during the third quarter, according to a recent SEC filing. The firm now owns 2,700 shares of the company's stock, valued at $11.58 million.

Why it matters

AutoZone is a major player in the automotive aftermarket industry, providing parts and accessories to both do-it-yourself consumers and professional repair shops. This investment by a prominent institutional investor signals confidence in the company's long-term prospects, despite some recent volatility in its stock price.

The details

Andra AP fonden, one of Sweden's largest pension funds, disclosed in a regulatory filing that it increased its stake in AutoZone by 300 shares during the third quarter of 2026. The fund now holds a total of 2,700 shares in the Memphis-based auto parts retailer, valued at approximately $11.58 million based on AutoZone's current stock price.

  • Andra AP fonden increased its AutoZone holdings by 12.5% during the 3rd quarter of 2026.

The players

Andra AP fonden

A Swedish pension fund that manages over $100 billion in assets and is one of the largest institutional investors in the Nordic region.

AutoZone, Inc.

A leading retailer and distributor of automotive replacement parts, accessories, and maintenance items, headquartered in Memphis, Tennessee.

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The takeaway

This investment by Andra AP fonden underscores the continued appeal of AutoZone's business model and its position as a dominant player in the auto parts industry, even as the company navigates some near-term market challenges.