Conifer Management, L.L.C. Reports New 6.4% Stake in Group 1 Automotive, Inc. (GPI)

On May 14, 2026, Conifer Management, L.L.C. filed a Schedule 13G with the SEC, reporting a new significant ownership stake in Group 1 Automotive, Inc. (GPI). As of the event date of March 31, 2026, the investment firm disclosed beneficial ownership of 755,032 shares of common stock, representing a 6.4% ownership stake in the company. This filing marks a notable increase from previously reported holdings of zero, establishing Conifer Management as a major institutional shareholder. The filing indicates that Conifer Management holds sole voting and dispositive power over all 755,032 shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Based in New York and organized under the laws of Delaware, Conifer Management is classified as an investment adviser for the purposes of this filing. The total value of the position is estimated at approximately $252.4 million based on the provided transaction data.