Autozone Inc (AZO) Smart Money Holdings (13F, Q2 2026)

AZO ranks #324 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

AZO is a top-conviction position for Marshfield Associates — at 10.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in AZO belongs to Jpmorgan Chase & Co, but the position matters far more to Marshfield Associates, who has 10.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

JPMorgan has added to its AZO position for two straight quarters, increasing it by $2.0B to reach $4.0B today.

Morgan Stanley has trimmed its AZO position for two straight quarters, cutting it by $399.2M while still holding $1.3B.

AZO is down 1.1% today, but institutions show net buying of $1.2B this quarter — a divergence between today's price move and the underlying institutional flow.

AZO posted net income of $2.5B over the trailing twelve months, and currently trades at a P/E of 20.4.

• Profitable — net income of $2.5B over the trailing twelve months
• Revenue grew 7.0% year over year
• Net income declined year over year, from $2.6B to $2.5B
• Generated $3.1B in positive operating cash flow
• Current ratio of 0.88x — below the conventional 1.5x liquidity buffer