Penske Automotive Group
373 hedge funds and large institutions have $2.45B invested in Penske Automotive Group in 2024 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 125 increasing their positions, 129 reducing their positions, and 47 closing their positions.
13% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 47
1% more funds holding
Funds holding: 371 → 373 (+2)
0.05% more ownership
Funds ownership: 24.03% → 24.08% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 129
5% less capital invested
Capital invested by funds: $2.59B → $2.45B (-$141M)
80% less call options, than puts
Call options by funds: $4.83M | Put options by funds: $24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.5M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$17.4M |
| 3 |
MWM
Moran Wealth Management
Naples,
Florida
|
+$14.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.3M |
| 5 |
Bank of New York Mellon
New York
|
+$8.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$60.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$18.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$17.8M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$7.74M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$5.73M |
PAG Hedge Fund Activity: Q4 2024 in Review
373 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2024, worth a combined $2.45B — down 5.4% from $2.59B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PAG positions and 47 closed out — a net gain of 6 holders — while 125 added to existing stakes and 129 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $48.5M. The largest seller was BlackRock, cutting an estimated $60.7M.
- 373 institutional investors held Penske Automotive Group (PAG) as of Q4 2024, up from 371 in Q3 2024.
- Funds reported $2.45B of Penske Automotive Group stock for Q4 2024, down 5.4% quarter-over-quarter.
- 53 funds opened new Penske Automotive Group positions in Q4 2024 and 47 closed out, a net change of +6 holders.
- The largest Penske Automotive Group buyer in Q4 2024 was Fidelity Investments, an estimated $48.5M added.
- The largest Penske Automotive Group seller in Q4 2024 was BlackRock, an estimated $60.7M sold.
Based on aggregated 13F filings for Q4 2024.