ADVANCE AUTO PARTS INC
Consumer Discretionary · Retail · RALEIGH, NC · CIK 0001158449
The business
Advance Auto Parts, Inc. (NYSE: AAP) operates as a leading automotive aftermarket parts provider in North America, serving both professional installers and do-it-yourself customers through an extensive retail and distribution network. The company's website is www.AdvanceAutoParts.com.
As of January 3, 2026, Advance Auto Parts operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands. The company also serves 809 independently owned Carquest branded stores across North America, Mexico, and various Caribbean islands. The company operates under two primary trade names: Advance Auto Parts, which includes 4,066 locations focused on both professional and DIY customers, and Carquest, which operates 239 stores with a primary focus on professional customers.
The company's product portfolio encompasses replacement parts, maintenance items, accessories, and tools across multiple categories including parts and batteries, accessories and chemicals, and engine maintenance products. Advance Auto Parts carries approximately 23,200 stock keeping units per location, while Carquest stores carry approximately 19,100 SKUs. The company sources merchandise from over 730 vendors and carries major brand names such as Bosch, Castrol, Denso, Gates, Meguiar's, Mobil 1, Moog, Monroe, NGK, and Prestone, alongside owned brands including DieHard, Carquest, Driveworks, and the newly launched ARGOS brand.
Professional sales represented approximately 50 percent of total sales, with the remainder derived from DIY customers served through physical stores and omnichannel platforms. The company's supply chain consists of 19 distribution centers totaling approximately 7.2 million square feet and 33 market hub locations designed to enhance inventory availability and operational efficiency.
As of January 3, 2026, Advance Auto Parts employed approximately 54,007 team members, with 87.4 percent in store-level operations, 8.5 percent in distribution centers, and 4.1 percent in corporate offices. Approximately 1.7 percent of team members are represented by labor unions. The company was founded in 1929 and has grown through strategic acquisitions, including the 2014 acquisition of General Parts International, which operated under the Carquest and Worldpac trade names. In November 2024, the company completed the sale of its Worldpac business to focus on the Advance blended-box model.
Ownership
Who holds ADVANCE AUTO PARTS INC — from fund N-PORT and institutional 13F filings · N-PORT 2026Q1 · 13F 2026-03-31
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| T. Rowe Price Mid-Cap Value Fund, Inc. TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC. | 1.53% | $225.48M |
| iShares Core S&P Small-Cap ETF IJR · iShares Trust | 0.21% | $190.08M |
| Undiscovered Managers Behavioral Value Fund UBVLX · UNDISCOVERED MANAGERS FUNDS | 1.19% | $103.13M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.01% | $101.18M |
| Avantis U.S. Small Cap Value ETF AVUV · American Century ETF Trust | 0.39% | $91.25M |
Superinvestors in ADVANCE AUTO PARTS INC
Share of each manager's reported 13F portfolio.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
15 years of ADVANCE AUTO PARTS INC's financials
Income statement, balance sheet and cash flow across 15 years, every filing with its disclosures, and each number traceable to the filing it came from — free with an account, no card required.
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