First Trust Advisors LP Boosts Stake in AutoZone

The institutional investor increased its holdings in the auto parts retailer by 25.4% in the third quarter.

Mar. 13, 2026 at 7:55am

Got story updates? Submit your updates here. ›

First Trust Advisors LP increased its stake in AutoZone, Inc. (NYSE:AZO) by 25.4% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 8,996 shares of the company's stock, valued at approximately $38.6 million.

Why it matters

The increase in First Trust Advisors' AutoZone holdings suggests the firm sees continued growth potential in the auto parts retailer, which operates over 6,000 stores across the United States. AutoZone's strong brand and market position make it an attractive investment for institutional investors.

The details

According to the 13F filing, First Trust Advisors purchased an additional 1,823 shares of AutoZone during the third quarter, bringing its total stake to 8,996 shares. The firm now owns approximately 0.05% of AutoZone's outstanding shares.

  • First Trust Advisors increased its AutoZone holdings during the 3rd quarter of 2026.

The players

First Trust Advisors LP

An institutional investment management firm that provides a variety of investment products and services.

AutoZone, Inc.

A leading retailer and distributor of automotive replacement parts and accessories, operating over 6,000 stores across the United States.

Got photos? Submit your photos here. ›

The takeaway

The increase in First Trust Advisors' stake in AutoZone suggests the firm sees continued growth potential in the auto parts retailer, which has a strong brand and market position. This investment highlights the appeal of AutoZone as an attractive option for institutional investors seeking exposure to the automotive aftermarket industry.