On May 14, 2026, Conifer Management disclosed a buy of 186,608 shares of Group 1 Automotive (NYSE:GPI), an estimated $65.10 million trade based on quarterly average pricing.
What happened According to its SEC filing dated May 14, 2026, Conifer Management increased its stake in Group 1 Automotive (NYSE:GPI) by 186,608 shares
The estimated transaction value is $65.10 million, calculated using the average closing price during the first quarter. The quarter-end value of the position rose by $26.08 million, reflecting both the share increase and stock price movements. What else to know – Conifer’s buy lifts its Group 1 Automotive holding to 47.66% of reported U.S. equity AUM as of March 31, 2026 – Top five holdings after the filing: – NYSE: GPI: $249.64 million (47.7% of AUM) – NYSE: EQH: $155.86 million (29.8% of AUM) – NYSE: LAD: $52.94 million (10.1% of AUM) – NASDAQ: MNDY: $27.64 million (5.3% of AUM) – NASDAQ: RMNI: $19.40 million (3.7% of AUM) – – As of May 14, 2026, Group 1 Automotive shares were priced at $334.33, down 24% over one year and underperforming the S&P 500 by roughly 50 percentage points.
Company overview Company snapshot – Group 1 Automotive offers new and used vehicles, parts, service contracts, vehicle maintenance, repair services, and related financing and insurance products. – The firm operates a network of automotive dealerships and franchises, generating revenue through vehicle sales, aftersales services, and finance/insurance commissions. – It serves retail automotive customers across U.S. states and dozens of towns in the United Kingdom. Group 1 Automotive, Inc. is a leading automotive retailer with a significant presence in the United States and the United Kingdom, operating over 250 dealerships. The company leverages scale and geographic diversification to offer a broad range of automotive brands and services.