13D Management Sells $5 million of Asbury Automotive Stock
2026-03-20 13:33:36 ET
On Feb. 17, 2026, 13D Management LLC disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold its entire stake in Asbury Automotive Group (NYSE:ABG) in the fourth quarter of 2025.
According to its SEC filing dated Feb. 17, 2026, 13D Management LLC reported zero shares held in Asbury Automotive Group during the fourth quarter. The fund previously disclosed a position worth $5.2 million at the end of the third quarter, based on market closing prices and 21,337 shares held.
Asbury Automotive Group, Inc. is one of the largest automotive retailers in the United States, operating over 150 dealership locations and multiple collision centers. The company leverages a diversified portfolio of automotive brands and comprehensive service offerings to drive consistent revenue streams.
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