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Penske Automotive Group
PAG

286 hedge funds and large institutions have $2.66B invested in Penske Automotive Group in 2021 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 80 increasing their positions, 99 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

56% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 34

24% more capital invested

Capital invested by funds: $2.14B → $2.66B (+$522M)

6% more funds holding

Funds holding: 269 → 286 (+17)

2.15% less ownership

Funds ownership: 35.18% → 33.02% (-2.2%)

19% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 99

23% less call options, than puts

Call options by funds: $13.2M | Put options by funds: $17.2M

Holders
286
Holders Change
+17
Holders Change %
+6.32%
% of All Funds
5.01%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
53
Increased
80
Reduced
99
Closed
34
Calls
$13.2M
Puts
$17.2M
Net Calls
-$3.99M
Net Calls Change
+$17.1M

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$15M
2
Bank of America
Bank of America
North Carolina
+$11.4M
3
IECM
Intrinsic Edge Capital Management
Illinois
+$10.7M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$6.9M
5
BlackRock
BlackRock
New York
+$5.64M

Top Sellers

Rank Fund Capital Flow
1
BAM
Burgundy Asset Management
Ontario, Canada
-$61.3M
2
Victory Capital Management
Victory Capital Management
Texas
-$38.9M
3
Citadel Advisors
Citadel Advisors
Florida
-$23.1M
4
CVA
Ceredex Value Advisors
Florida
-$19.2M
5
American Century Companies
American Century Companies
Missouri
-$17.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
PA
251
Parallel Advisors
California
$28K +$2.98K +34 +14%
OSAM
252
O'Shaughnessy Asset Management
Connecticut
$25K +$17.5K +199 +398%
Fifth Third Bancorp
253
Fifth Third Bancorp
Ohio
$23K – – –
First Manhattan
254
First Manhattan
New York
$23K – – –
CCA
255
Catalyst Capital Advisors
New York
$16K +$13.7K +156 New
NSIM
256
North Star Investment Management
Illinois
$15K – – –
Loomis, Sayles & Company
257
Loomis, Sayles & Company
Massachusetts
$15K +$2.9K +33 +28%
NFG
258
Next Financial Group
Texas
$14K – – –
RFA
259
Reilly Financial Advisors
California
$13K +$21.6K +246 New
SMG
260
Spectrum Management Group
Indiana
$12K +$10.1K +115 New
JWM
261
Janiczek Wealth Management
Colorado
$11K -$1.58K -18 -14%
GWM
262
Geneos Wealth Management
Colorado
$10K – – –
MSFP
263
Mark Sheptoff Financial Planning
Connecticut
$10K – – –
SPIA
264
Steward Partners Investment Advisory
New York
$10K – – –
FHA
265
First Horizon Advisors
Tennessee
$10K +$2.46K +28 +38%
TRCT
266
Tower Research Capital (TRC)
New York
$9K -$1.12M -12,813 -99%
GWSG
267
GPS Wealth Strategies Group
Colorado
$8K – – –
LC
268
Lindbrook Capital
California
$7K – – –
CFA
269
Cahill Financial Advisors
Minnesota
$7K +$6.32K +72 New
HI
270
Harbour Investments
Wisconsin
$6K – – –
CCM
271
Covington Capital Management
California
$5K – – –
CFD
272
Creative Financial Designs
Indiana
$5K – – –
WPA
273
West Paces Advisors
Georgia
$4.43K – – –
BWM
274
BerganKDV Wealth Management
Minnesota
$4K – – –
EBA
275
Eagle Bay Advisors
New York
$4K +$2.98K +34 New
9 10
11
12 13

PAG Hedge Fund Activity: Q3 2021 in Review

286 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2021, worth a combined $2.66B — up 24% from $2.14B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new PAG positions and 34 closed out — a net gain of 19 holders — while 80 added to existing stakes and 99 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $15M. The largest seller was Burgundy Asset Management, cutting an estimated $61.3M.

  • 286 institutional investors held Penske Automotive Group (PAG) as of Q3 2021, up from 269 in Q2 2021.
  • Funds reported $2.66B of Penske Automotive Group stock for Q3 2021, up 24% quarter-over-quarter.
  • 53 funds opened new Penske Automotive Group positions in Q3 2021 and 34 closed out, a net change of +19 holders.
  • The largest Penske Automotive Group buyer in Q3 2021 was Goldman Sachs, an estimated $15M added.
  • The largest Penske Automotive Group seller in Q3 2021 was Burgundy Asset Management, an estimated $61.3M sold.

Based on aggregated 13F filings for Q3 2021.