Greg Alexander's Conifer Management increased its significant stake in Group 1 Automotive by over 28% during the second quarter of 2026. According to a regulatory filing made public on August 13, the firm's holdings grew to 967,000 shares, valued at approximately $281.6 million as of June 30. This disclosure, which reflects trades made between March 31 and June 30, shows the investment firm adding to its position before Group 1 Automotive reported second-quarter earnings that missed analyst expectations. [2, 6]
This investment represents a concentrated bet for Conifer, with the automotive retailer now accounting for over 46% of its reported portfolio. [4, 5] Subsequent SEC filings in August revealed Conifer has since taken a more active stance, disclosing a 9.7% ownership stake and an interest in discussing board representation with the company. [10]