Group 1 Automotive holder owns 11.4% after $58M buy

Group 1 Automotive, Inc. (GPI) has an updated ownership report from Conifer Management, L.L.C., which now reports beneficial ownership of 1,362,640 shares of common stock, representing approximately 11.4% of the outstanding common stock.

Rhea-AI Filing Summary

Group 1 Automotive, Inc. (GPI) has an updated ownership report from Conifer Management, L.L.C., which now reports beneficial ownership of 1,362,640 shares of common stock, representing approximately 11.4% of the outstanding common stock.

Conifer Management reports sole voting and dispositive power over these shares, held through various commingled investment vehicles it manages. Since the original Schedule 13D filed on August 20, 2026, approximately $58,359,967 was paid to acquire additional shares, funded from general working capital, which may have included margin borrowings. Recent trades were effected in the open market through a broker, as detailed in an exhibit.

Filing Explained

The amendment clarifies that Conifer Management alone can vote and dispose of the 1,362,640 shares it beneficially owns, while managed commingled investment vehicles directly hold the shares and receive their dividends or sale proceeds.

Key Figures

Shares beneficially owned: 1,362,640 shares Ownership percentage: 11.4% Shares outstanding: 11,922,225 shares +3 more

6 metrics

Shares beneficially owned 1,362,640 shares Group 1 Automotive common stock beneficially owned by Conifer Management as of the amendment date

Ownership percentage 11.4% Portion of Group 1 Automotive common stock outstanding reportedly beneficially owned by Conifer Management

Shares outstanding 11,922,225 shares Group 1 Automotive common stock outstanding as of July 24, 2026, per the issuer’s Form 10-Q

Aggregate purchase amount since original Schedule 13D $58,359,967 Approximate total paid, excluding commissions, to acquire shares reported since the original filing

Sole voting power shares 1,362,640 shares Shares over which Conifer Management has sole power to vote or direct the vote

Sole dispositive power shares 1,362,640 shares Shares over which Conifer Management has sole power to dispose or direct the disposition

Key Terms

Schedule 13D, beneficially own, sole voting power, sole dispositive power, +2 more

6 terms

Schedule 13D regulatory

"Pursuant to Rule 13d-2 , as amended ... this Amendment No. 1 to the ("Amendment No. 1")"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficially own financial

"the Reporting Person may be deemed to beneficially own 1,362,640 shares of Common Stock"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

sole voting power financial

"The Reporting Person has sole power to vote or direct the voting of ... 1,362,640 shares"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"and sole power to dispose or direct the disposition of, the 1,362,640 shares"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

commingled investment vehicles financial

"various commingled investment vehicles managed by the Reporting Person that directly hold the shares"

margin account borrowings financial

"Such funds may have included margin account borrowings made in the ordinary course of business"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake does Conifer Management report in Group 1 Automotive (GPI)?

Conifer Management reports beneficial ownership of 1,362,640 shares of Group 1 Automotive common stock, representing approximately 11.4% of the shares outstanding, based on 11,922,225 shares outstanding as of July 24, 2026.

How many Group 1 Automotive (GPI) shares are outstanding according to this filing?

The filing states that Group 1 Automotive had 11,922,225 shares of common stock outstanding as of July 24, 2026, as reported in the company’s Form 10-Q filed on July 30, 2026.

How much has Conifer Management spent on GPI shares since the original Schedule 13D?

Since the original Schedule 13D, Conifer Management reports paying a total of approximately $58,359,967, excluding commissions, to acquire the additional Group 1 Automotive common shares reported in this amendment.

Does Conifer Management have sole voting and dispositive power over its GPI shares?

Yes. Conifer Management reports sole power to vote or direct the vote and sole power to dispose or direct the disposition of 1,362,640 Group 1 Automotive common shares reported in this Schedule 13D/A amendment.

How are Conifer Management’s GPI shares held and funded?

The shares are directly owned by various commingled investment vehicles managed by Conifer Management. Purchases were funded from these vehicles’ general working capital, which may have included margin account borrowings where securities are pledged as collateral.

What type of transactions has Conifer Management used to trade GPI stock?

The amendment states that, except for transactions listed in Exhibit 99.2, each transaction in Group 1 Automotive common stock since the original filing was effected in the open market through a broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 05:32 PM Accepted by SEC EDGAR 09/08/2026 - 05:31 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Group 1 Automotive, Inc.

(Name of Issuer)

Common stock, par value $0.01 per share

(Title of Class of Securities)

398905109

(CUSIP Number)

Gregory Alexander
45 Rockefeller Plaza, 34th Floor
New York, NY, 10111
(212) 832-5280

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/03/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 398905109

1

Name of reporting person

Conifer Management, L.L.C.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,362,640.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,362,640.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,362,640.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.4 %

14

Type of Reporting Person (See Instructions)

IA, CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common stock, par value $0.01 per share
(b)	Name of Issuer: Group 1 Automotive, Inc.
(c)	Address of Issuer's Principal Executive Offices: 730 Town and Country Blvd, Suite 500, Houston, TEXAS , 77024.
Item 1 Comment: Pursuant to Rule 13d-2 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this Amendment No. 1 to the Schedule 13D ("Amendment No. 1") amends certain items of the Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on August 20, 2026 (the "Original Schedule 13D" and, together with this Amendment No. 1, the "Schedule 13D"), relating to the Common Stock, par value $0.01 per share (the "Common Stock"), of Group 1 Automotive, Inc. (the "Issuer"). All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Schedule 13D.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Schedule 13D is hereby amended and supplemented as follows: Item 5(c) of this Amendment No. 1 is incorporated herein by reference. A total of approximately $58,359,967, excluding commissions, was paid to acquire the shares of Common Stock purchased since the Original Schedule 13D and reported in Item 5(c) of this Amendment No. 1. The funds used for the purchase of the shares of Common Stock reported herein by the Reporting Person were derived from the general working capital of various commingled investment vehicles managed by the Reporting Person that directly hold the shares of Common Stock reported herein. Such funds may have included margin account borrowings made in the ordinary course of business. In such instances, the positions held in the margin accounts are pledged as collateral security for the repayment of debit balances in the account, which may exist from time to time. Because other securities are held in the margin accounts, it is not possible to determine the amounts, if any, of margin used to purchase the shares of Common Stock reported herein.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) of the Schedule 13D is hereby amended and supplemented as follows: As of the date hereof, the Reporting Person may be deemed to beneficially own 1,362,640 shares of Common Stock, or approximately 11.4% of the shares of Common Stock outstanding. The percentage reported herein is based on 11,922,225 shares of Common Stock outstanding as of July 24, 2026, as reported in the Form 10-Q the Issuer filed on July 30, 2026.
(b)	Item 5(b) of the Schedule 13D is hereby amended and supplemented as follows: The Reporting Person has sole power to vote or direct the voting of, and sole power to dispose or direct the disposition of, the 1,362,640 shares of Common Stock reported herein.
(c)	Item 5(c) of the Schedule 13D is hereby amended and supplemented as follows: Except for the transactions listed in Exhibit 99.2 hereto, each of which was effected in the open market through a broker, the Reporting Person has not engaged in any transactions with respect to the Common Stock since the filing of the Original Schedule 13D.
(d)	Item 5(d) of the Schedule 13D is hereby amended and supplemented as follows: The shares of Common Stock reported herein are directly owned by various commingled investment vehicles managed by the Reporting Person, each of which has the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Common Stock that it directly owns.
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Schedule 13D is hereby amended and supplemented as follows: Exhibit 99.2 - Schedule of Transactions in response to Item 5(c)

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Conifer Management, L.L.C.

Signature:	/s/ Gregory Alexander
Name/Title:	Gregory Alexander, Managing Member
Date:	09/08/2026

Comments accompanying signature:

* Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.