Brevan Howard Boosts Stake in Group 1 Automotive

Hedge fund increases position in auto retailer by 177% in Q3

Mar. 16, 2026 at 8:53am

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Brevan Howard Capital Management LP increased its stake in Group 1 Automotive, Inc. (NYSE:GPI) by 177.2% in the third quarter, according to a recent SEC filing. The hedge fund now owns 9,986 shares of the company's stock, worth approximately $4.37 million.

Why it matters

This significant increase in Brevan Howard's position in Group 1 Automotive suggests the hedge fund sees potential upside in the auto retailer's stock. Group 1 Automotive operates a network of franchised dealerships across the U.S., U.K. and Brazil, selling both new and pre-owned vehicles as well as providing financing, parts, and repair services.

The details

According to the filing, Brevan Howard purchased an additional 6,384 shares of Group 1 Automotive in the third quarter, bringing its total position to 9,986 shares. This represents a 177.2% increase from the previous quarter. Group 1 Automotive is a diversified automotive retailer that sells new and used vehicles, and also provides finance and insurance products, parts distribution, and collision repair services.

  • Brevan Howard increased its position in Group 1 Automotive during the third quarter of 2026.

The players

Brevan Howard Capital Management LP

A global macro hedge fund based in the United Kingdom that focuses on global fixed income, currencies, and commodities markets.

Group 1 Automotive, Inc.

An international automotive retailer headquartered in Houston, Texas that operates an extensive network of franchised dealerships selling new and pre-owned vehicles.

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The takeaway

Brevan Howard's significant increase in its stake in Group 1 Automotive suggests the hedge fund sees strong potential in the auto retailer's business model and future prospects, despite broader market volatility.