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Penske Automotive Group

325 hedge funds and large institutions have $2.07B invested in Penske Automotive Group in 2022 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 81 increasing their positions, 136 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 38

2% more funds holding

Funds holding: 318325 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.16% less ownership

Funds ownership: 31.74%29.58% (-2.2%)

11% less capital invested

Capital invested by funds: $2.32B → $2.07B (-$253M)

16% less call options, than puts

Call options by funds: $22.8M | Put options by funds: $27.1M

40% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 136

Holders
325
Holders Change
+7
Holders Change %
+2.2%
% of All Funds
5.22%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
53
Increased
81
Reduced
136
Closed
38
Calls
$22.8M
Puts
$27.1M
Net Calls
-$4.29M
Net Calls Change
+$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
VPIM
226
Vanguard Personalized Indexing Management
California
$244K -$241K -2,117 -50%
MSRPS
227
Maryland State Retirement & Pension System
Maryland
$243K +$241K +2,113 New
GAM
228
Gotham Asset Management
New York
$242K -$376K -3,298 -61%
ECM
229
EMC Capital Management
Texas
$238K +$31.6K +277 +15%
PCMC
230
Paragon Capital Management (Colorado)
Colorado
$238K
CIBC Asset Management
231
CIBC Asset Management
Ontario, Canada
$234K -$126K -1,102 -35%
Wellington Management Group
232
Wellington Management Group
Massachusetts
$230K +$228K +2,002 New
MIM
233
Merrion Investment Management
New Jersey
$230K +$228K +2,000 New
AWM
234
Alterna Wealth Management
Texas
$229K +$227K +1,993 New
KPWS
235
Kestra Private Wealth Services
Texas
$226K +$224K +1,968 New
DCM
236
Donaldson Capital Management
Indiana
$223K +$222K +1,943 New
PAM
237
Panagora Asset Management
Massachusetts
$214K +$212K +1,860 New
MGIA
238
Moneta Group Investment Advisors
Missouri
$210K +$188K +1,645 New
Manulife (Manufacturers Life Insurance)
239
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$206K +$204K +1,792 New
WCM
240
Wedge Capital Management
North Carolina
$205K +$204K +1,788 New
AF
241
Allworth Financial
California
$194K -$25.1K -220 -12%
US Bancorp
242
US Bancorp
Minnesota
$187K -$17K -149 -8%
QC
243
Quent Capital
New York
$183K -$17.2K -151 -9%
BAM
244
Belpointe Asset Management
Nevada
$166K +$17.6K +154 +12%
Northwestern Mutual Wealth Management
245
Northwestern Mutual Wealth Management
Wisconsin
$153K +$44.7K +392 +42%
TWM
246
Tradition Wealth Management
Minnesota
$148K +$1.37K +12 +0.9%
IA
247
IFP Advisors
Florida
$130K -$4.9K -43 -2%
S
248
SignatureFD
Georgia
$107K +$3.99K +35 +4%
Walleye Trading
249
Walleye Trading
New York
$84.9K +$84.3K +739 New
Canada Pension Plan Investment Board
250
Canada Pension Plan Investment Board
Ontario, Canada
$80.5K -$262K -2,300 -77%

PAG Hedge Fund Activity: Q4 2022 in Review

325 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2022, worth a combined $2.07B — down 11% from $2.32B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new PAG positions and 38 closed out — a net gain of 15 holders — while 81 added to existing stakes and 136 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $30.9M. The largest seller was American Century Companies, cutting an estimated $62.2M.

  • 325 institutional investors held Penske Automotive Group (PAG) as of Q4 2022, up from 318 in Q3 2022.
  • Funds reported $2.07B of Penske Automotive Group stock for Q4 2022, down 11% quarter-over-quarter.
  • 53 funds opened new Penske Automotive Group positions in Q4 2022 and 38 closed out, a net change of +15 holders.
  • The largest Penske Automotive Group buyer in Q4 2022 was D.E. Shaw & Co, an estimated $30.9M added.
  • The largest Penske Automotive Group seller in Q4 2022 was American Century Companies, an estimated $62.2M sold.

Based on aggregated 13F filings for Q4 2022.