Norges Bank’s Penske Automotive Group PAG Stock Holding History

Norges Bank’s Portfolio PAG Stock Details PAG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-203,026	Closed	-$32.1M	–	984
2025 Q4	$32.1M	Buy	+203,026	New	+$33.4M	﹤0.01%	1149
2025 Q3	–	Sell	-188,728	Closed	-$32.4M	–	1098
2025 Q2	$32.4M	Buy	188,728 +4,996	+3%	+$801K	﹤0.01%	1095
2025 Q1	$26.5M	Buy	183,732 +39,089	+27%	+$6.26M	﹤0.01%	1143
2024 Q4	$22M	Buy	144,643 +1,279	+0.9%	+$203K	﹤0.01%	1216
2024 Q3	$23.3M	Buy	143,364 +43,282	+43%	+$6.9M	﹤0.01%	1198
2024 Q2	$14.9M	Sell	100,082 -43,560	-30%	-$6.62M	﹤0.01%	1289
2024 Q1	$23.3M	Sell	143,642 -48,520	-25%	-$7.41M	﹤0.01%	1220
2023 Q4	$30.8M	Buy	192,162 +20,032	+12%	+$3.07M	0.01%	1131
2023 Q3	$28.8M	Sell	172,130 -58,906	-25%	-$9.85M	0.01%	1081
2023 Q2	$38.5M	Sell	231,036 -1,712	-0.7%	-$248K	0.01%	980
2023 Q1	$33M	Buy	232,748 +13,807	+6%	+$1.84M	0.01%	1032
2022 Q4	$25.2M	Sell	218,941 -12,042	-5%	-$1.37M	0.01%	1151
2022 Q3	$22.7M	Buy	230,983 +37,765	+20%	+$4.21M	0.01%	1146
2022 Q2	$20.2M	Buy	193,218 +179,637	+1,323%	+$19.3M	0.01%	1232
2022 Q1	$1.27M	Sell	13,581 -97,581	-88%	-$9.88M	﹤0.01%	2025
2021 Q4	$11.9M	Sell	111,162 -109,581	-50%	-$11.5M	﹤0.01%	1695
2021 Q3	$22.2M	Sell	220,743 -23,570	-10%	-$2.07M	﹤0.01%	1425
2021 Q2	$18.4M	Sell	244,313 -131,005	-35%	-$11M	﹤0.01%	1574
2021 Q1	$30.1M	Sell	375,318 -111,902	-23%	-$7.83M	0.01%	1291
2020 Q4	$28.9M	Hold	487,220	–	–	0.01%	1336
2020 Q3	$23.2M	Buy	487,220 +16,235	+3%	+$754K	0.01%	1314
2020 Q2	$18.2M	Buy	470,985 +219,700	+87%	+$7.66M	0.01%	1489
2020 Q1	$7.04M	Hold	251,285	–	–	﹤0.01%	1735
2019 Q4	$12.6M	Hold	251,285	–	–	﹤0.01%	1733
2019 Q3	$11.9M	Buy	251,285 +17,200	+7%	+$778K	﹤0.01%	1714
2019 Q2	$11.1M	Hold	234,085	–	–	﹤0.01%	1768
2019 Q1	$10.5M	Hold	234,085	–	–	﹤0.01%	1786
2018 Q4	$9.44M	Hold	234,085	–	–	﹤0.01%	1766
2018 Q3	$11.1M	Buy	234,085 +121,604	+108%	+$6.18M	﹤0.01%	1787
2018 Q2	$5.27M	Hold	112,481	–	–	﹤0.01%	1938
2018 Q1	$4.99M	Hold	112,481	–	–	﹤0.01%	1894
2017 Q4	$5.38M	Sell	112,481 -21,381	-16%	-$1.01M	﹤0.01%	1864
2017 Q3	$6.37M	Hold	133,862	–	–	﹤0.01%	1827
2017 Q2	$5.88M	Sell	133,862 -22,306	-14%	-$983K	﹤0.01%	1859
2017 Q1	$7.31M	Sell	156,168 -39,776	-20%	-$2.03M	﹤0.01%	1820
2016 Q4	$10.2M	Sell	195,944 -275,648	-58%	-$13.4M	﹤0.01%	1678
2016 Q3	$21.7M	Sell	471,592 -27,846	-6%	-$1.16M	0.01%	1190
2016 Q2	$15.7M	Buy	499,438 +27,754	+6%	+$1.01M	0.01%	1354
2016 Q1	$17.9M	Buy	471,684 +28,711	+6%	+$1.02M	0.01%	1217
2015 Q4	$18.8M	Hold	442,973	–	–	0.01%	1202
2015 Q3	$21.5M	Hold	442,973	–	–	0.01%	1091
2015 Q2	$23.1M	Hold	442,973	–	–	0.01%	1120
2015 Q1	$22.8M	Buy	442,973 +20,329	+5%	+$1M	0.01%	1124
2014 Q4	$20.7M	Hold	422,644	–	–	0.01%	1186
2014 Q3	$17.2M	Sell	422,644 -422,644	-50%	-$19.9M	0.01%	1241
2014 Q2	$41.8M	Buy	845,288 +444,002	+111%	+$20.3M	0.01%	1136
2014 Q1	$17.2M	Hold	401,286	–	–	0.01%	1235
2013 Q4	$18.9M	Sell	401,286 -25,628	-6%	-$1.1M	0.01%	1149
2013 Q3	$18.2M	Hold	426,914	–	–	0.01%	1141
2013 Q2	$13M	Buy	+426,914	New	+$13.3M	0.01%	1306

Other funds holding PAG

DAM

Diamant Asset Management Ridgefield, Connecticut $147M AUM 25.76% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Norges Bank's PAG Position: Q1 2026 in Review

Norges Bank sold out of Penske Automotive Group (PAG) in Q1 2026, closing a stake of 203,026 shares — an estimated $32.1M sold.

Norges Bank first reported a position in PAG in Q2 2013 and held it in 50 quarters. The position peaked at $41.8M in Q2 2014. 375 funds tracked by Wall St. Rank hold PAG as of Q1 2026.

Norges Bank reported no remaining Penske Automotive Group position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 203,026 Penske Automotive Group shares in Q1 2026, an estimated $32.1M.
Norges Bank first reported a position in Penske Automotive Group in Q2 2013 and held it in 50 quarters.
Norges Bank's Penske Automotive Group position peaked at $41.8M in Q2 2014.
375 funds tracked by Wall St. Rank held Penske Automotive Group as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.