Penske Automotive Group
204 hedge funds and large institutions have $1.95B invested in Penske Automotive Group in 2015 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 81 increasing their positions, 71 reducing their positions, and 32 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 71
12% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $2.63M
0.45% less ownership
Funds ownership: 42.07% → 41.62% (-0.45%)
6% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 32
2% less funds holding
Funds holding: 209 → 204 (-5)
11% less capital invested
Capital invested by funds: $2.2B → $1.95B (-$253M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$17.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$13.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$13.7M |
| 4 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
+$13.2M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$336M |
| 2 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$50.3M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$33.6M |
| 4 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$16M |
| 5 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$12.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
226
Jefferies Group
New York
| – | -$331K | -6,741 | Closed |
|
|
BMCMI
227
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$317K | -6,452 | Closed |
|
|
AGM
228
Alpine Global Management
New York
| – | -$208K | -4,235 | Closed |
|
|
QT
229
Quantbot Technologies
New York
| – | -$144K | -2,950 | Closed |
|
|
PHK
230
Point72 Hong Kong
Hong Kong
| – | -$103K | -2,096 | Closed |
|
|
MSA
231
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$100K | -2,040 | Closed |
|
|
LS
232
Lupo Securities
Chicago,
Illinois
| – | -$68.6K | -1,399 | Closed |
|
233
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$20K | -400 | Closed |
|
|
BRWA
234
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$15 | -310 | Closed |
|
|
RC
235
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$11.5K | -235 | Closed |
|
|
MCM
236
MV Capital Management
Bethesda,
Maryland
| – | -$5K | -100 | Closed |
|
PAG Hedge Fund Activity: Q1 2015 in Review
204 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2015, worth a combined $1.95B — down 11% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PAG and 30 opened new positions — a net loss of 2 holders — while 71 trimmed existing stakes and 81 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $17.8M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $336M sold.
- 204 institutional investors held Penske Automotive Group (PAG) as of Q1 2015, down from 209 in Q4 2014.
- Funds reported $1.95B of Penske Automotive Group stock for Q1 2015, down 11% quarter-over-quarter.
- 30 funds opened new Penske Automotive Group positions in Q1 2015 and 32 closed out, a net change of -2 holders.
- The largest Penske Automotive Group buyer in Q1 2015 was BlackRock Institutional Trust, an estimated $17.8M added.
- The largest Penske Automotive Group seller in Q1 2015 was Americafirst Capital Management, an estimated $336M sold.
Based on aggregated 13F filings for Q1 2015.