Cambria Investment Management Reduces AutoZone Stock Holdings

Institutional investor cuts stake in auto parts retailer by nearly two-thirds

Mar. 20, 2026 at 8:03am

Got story updates? Submit your updates here. ›

Cambria Investment Management L.P. has reduced its stake in AutoZone, Inc. (NYSE:AZO) by 64.8% during the third quarter, according to a recent 13F filing with the Securities & Exchange Commission. The institutional investor now owns 280 shares of the company's stock, down from 795 shares previously.

Why it matters

AutoZone is one of the largest auto parts retailers in the United States, so changes in institutional ownership of the stock can signal broader market sentiment around the company and the industry. Cambria's significant reduction in its AutoZone position may indicate concerns about the company's growth prospects or valuation.

The details

According to the 13F filing, Cambria Investment Management sold 515 shares of AutoZone stock during the third quarter, leaving it with a remaining position of 280 shares. The firm's holdings in AutoZone were valued at $1,201,000 as of the most recent filing.

  • Cambria Investment Management reduced its AutoZone stake during the third quarter of the year.

The players

Cambria Investment Management L.P.

An institutional investment management firm that has reduced its stake in AutoZone, Inc.

AutoZone, Inc.

A leading automotive parts retailer in the United States.

Got photos? Submit your photos here. ›

The takeaway

Cambria Investment Management's significant reduction in its AutoZone holdings could signal broader concerns about the company's outlook, though the reasons behind the move are not entirely clear. Investors will likely watch for any further changes in institutional ownership of the stock going forward.