Conifer Management, L.L.C., a 10% owner of Group 1 Automotive Inc (NYSE:GPI), filed a statement of changes in beneficial ownership on September 3, 2026, reporting six open-market purchases of GPI common stock executed on September 1 and September 2, 2026.

Key Highlights

  • Six purchases disclosed: Conifer Management acquired a combined 30,100 shares of Group 1 Automotive common stock across two trading days.
  • Weighted average prices: Per-transaction weighted average prices ranged from $269.6588 on September 1 to $277.516 on September 2, 2026.
  • Post-transaction ownership: Following all reported purchases, Conifer Management indirectly held 1,222,360 shares of GPI common stock.
  • Ownership structure: The securities are held indirectly through commingled investment vehicles managed by Conifer Management, which is identified as a 10% owner of the issuer.
  • Beneficial ownership disclaimer: The filing states Conifer Management disclaims beneficial ownership except to the extent of its pecuniary interest, if any.

Conifer Management's Purchases of Group 1 Automotive Common Stock

According to the filing, Conifer Management, L.L.C., headquartered at 45 Rockefeller Plaza, 34th Floor, New York, New York 10111, reported six separate open-market purchase transactions in the common stock of Group 1 Automotive Inc, a company traded on the New York Stock Exchange under the ticker GPI. The filing identifies Conifer Management as a 10% owner of the issuer, and the transactions were signed by Gregory Alexander, Managing Member.

On September 1, 2026, the filing discloses a purchase of 3,539 shares at a weighted average price of $269.6588, with individual prices ranging from $269.50 to $270.04. Following that transaction, Conifer Management's indirect beneficial ownership stood at 1,195,799 shares. The subsequent five transactions, all dated September 2, 2026, added 720 shares at a weighted average of $273.6569, 6,055 shares at $274.9539, 6,610 shares at $275.7674, 12,976 shares at $276.7666, and 200 shares at $277.516, bringing total indirect beneficial ownership to 1,222,360 shares after the final transaction.

All six transactions carry a transaction code of "P," indicating open-market purchases, according to the filing. The securities are described as held indirectly through various commingled investment vehicles managed by Conifer Management. The filing notes that Conifer Management "will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range" for each weighted average price reported. No derivative securities were reported in Table II of the filing.

What Was Disclosed

Conifer Management, L.L.C. reported the acquisition of 30,100 shares of Group 1 Automotive Inc common stock over two days in September 2026, at weighted average prices between $269.6588 and $277.516, resulting in total indirect beneficial ownership of 1,222,360 shares.