Penske Automotive Group
236 hedge funds and large institutions have $1.7B invested in Penske Automotive Group in 2017 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 76 increasing their positions, 82 reducing their positions, and 29 closing their positions.
202% more call options, than puts
Call options by funds: $6.31M | Put options by funds: $2.09M
28% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 29
3% more funds holding
Funds holding: 229 → 236 (+7)
0% more capital invested
Capital invested by funds: $1.69B → $1.7B (+$6.4M)
0.12% less ownership
Funds ownership: 41.44% → 41.32% (-0.12%)
7% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 82
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$95.3M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$14.4M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$6.88M |
| 4 |
Morgan Stanley
New York
|
+$6.63M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.8M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$15.1M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$14.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
251
Dynamic Technology Lab
Singapore
| – | -$310K | -6,511 | Closed |
|
|
EMG
252
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$243K | -5,100 | Closed |
|
253
M&T Bank
Buffalo,
New York
| – | -$204K | -4,272 | Closed |
|
254
Jane Street
New York
| – | -$201K | -4,231 | Closed |
|
|
NIT
255
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$128K | -2,700 | Closed |
|
|
ST
256
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$91K | -1,920 | Closed |
|
257
Walleye Trading
New York
| – | -$86K | -1,825 | Closed |
|
|
HSA
258
Hussman Strategic Advisors
Ellicott City,
Maryland
| – | -$86K | -1,800 | Closed |
|
259
ClearBridge Investments
New York
| – | -$36K | -752 | Closed |
|
|
FANJ
260
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$14K | -300 | Closed |
|
|
OAM
261
Oppenheimer Asset Management
New York
| – | -$7K | -151 | Closed |
|
262
Parallax Volatility Advisers
San Francisco,
California
| – | -$1K | -29 | Closed |
|
|
FGC
263
Financial Gravity Companies
Lakeway,
Texas
| – | +$330 | +7 | New |
|
PAG Hedge Fund Activity: Q4 2017 in Review
236 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2017, worth a combined $1.7B — up 0.38% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PAG positions and 29 closed out — a net gain of 8 holders — while 76 added to existing stakes and 82 trimmed.
The largest buyer was BlackRock, adding an estimated $95.3M. The largest seller was Deutsche Bank, cutting an estimated $40.8M.
- 236 institutional investors held Penske Automotive Group (PAG) as of Q4 2017, up from 229 in Q3 2017.
- Funds reported $1.7B of Penske Automotive Group stock for Q4 2017, up 0.38% quarter-over-quarter.
- 37 funds opened new Penske Automotive Group positions in Q4 2017 and 29 closed out, a net change of +8 holders.
- The largest Penske Automotive Group buyer in Q4 2017 was BlackRock, an estimated $95.3M added.
- The largest Penske Automotive Group seller in Q4 2017 was Deutsche Bank, an estimated $40.8M sold.
Based on aggregated 13F filings for Q4 2017.