Penske Automotive Group
243 hedge funds and large institutions have $1.65B invested in Penske Automotive Group in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 71 increasing their positions, 82 reducing their positions, and 19 closing their positions.
159% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $1.28M
126% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 19
10% more funds holding
Funds holding: 220 → 243 (+23)
1% more capital invested
Capital invested by funds: $1.64B → $1.65B (+$10.6M)
2.23% less ownership
Funds ownership: 42.33% → 40.1% (-2.2%)
13% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$8.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.76M |
| 4 |
Millennium Management
New York
|
+$7.59M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$57.3M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$46.5M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$5.72M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.48M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$4.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VRS
251
Virginia Retirement Systems
Richmond,
Virginia
| – | -$331K | -7,000 | Closed |
|
|
PHK
252
Point72 Hong Kong
Hong Kong
| – | -$316K | -6,678 | Closed |
|
253
CIBC World Market
Toronto,
Ontario, Canada
| – | -$283K | -5,985 | Closed |
|
|
EGM
254
Engineers Gate Manager
New York
| – | -$209K | -4,431 | Closed |
|
255
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$56K | -1,180 | Closed |
|
|
HPC
256
HM Payson & Co
Portland,
Maine
| – | -$32K | -668 | Closed |
|
|
AAP
257
Arax Advisory Partners
Denver,
Colorado
| – | -$31K | -652 | Closed |
|
|
GSWM
258
Golden State Wealth Management
Santa Ana,
California
| – | -$2K | -38 | Closed |
|
|
WT
259
Whittier Trust
South Pasadena,
California
| – | -$1K | -15 | Closed |
|
|
KPW
260
Kore Private Wealth
New York
| – | +$49 | +1 | New |
|
PAG Hedge Fund Activity: Q4 2019 in Review
243 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2019, worth a combined $1.65B — up 0.64% from $1.64B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PAG positions and 19 closed out — a net gain of 24 holders — while 71 added to existing stakes and 82 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.6M. The largest seller was London Company of Virginia, cutting an estimated $57.3M.
- 243 institutional investors held Penske Automotive Group (PAG) as of Q4 2019, up from 220 in Q3 2019.
- Funds reported $1.65B of Penske Automotive Group stock for Q4 2019, up 0.64% quarter-over-quarter.
- 43 funds opened new Penske Automotive Group positions in Q4 2019 and 19 closed out, a net change of +24 holders.
- The largest Penske Automotive Group buyer in Q4 2019 was Morgan Stanley, an estimated $13.6M added.
- The largest Penske Automotive Group seller in Q4 2019 was London Company of Virginia, an estimated $57.3M sold.
Based on aggregated 13F filings for Q4 2019.