Xponance Inc. Trims Holdings in AutoZone Shares

Institutional investor reduces stake in auto parts retailer by 6.3% in Q3

Mar. 3, 2026 at 6:55am

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Xponance Inc., an institutional investor, trimmed its holdings in shares of AutoZone, Inc. (NYSE:AZO) by 6.3% during the third quarter, according to a recent 13F filing with the SEC. The firm now owns 2,921 shares of the company's stock valued at $12.5 million.

Why it matters

AutoZone is one of the largest auto parts retailers in the United States, and changes in institutional ownership can provide insights into market sentiment around the company's performance and future prospects.

The details

Xponance Inc. reduced its stake in AutoZone by selling 195 shares during the third quarter. The firm now holds 2,921 shares of the company's stock, which was valued at $12.5 million as of the most recent filing. Other hedge funds have also recently modified their holdings in AutoZone, with some increasing and others decreasing their positions.

  • Xponance Inc. made the share sale during the 3rd quarter of 2026.

The players

Xponance Inc.

An institutional investor that manages a portfolio of equity and fixed income investments.

AutoZone, Inc.

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

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The takeaway

The reduction in Xponance Inc.'s stake in AutoZone suggests the firm may have a more cautious outlook on the auto parts retailer's near-term performance, though the company remains a significant holding in the investor's portfolio.