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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
HFM
251
Harvest Fund Management
China
$75K
NA
252
NewEdge Advisors
Louisiana
$66.9K +$99.2K +870 New
FCMT
253
Founders Capital Management (Texas)
Texas
$63K
MIM
254
MetLife Investment Management
New Jersey
$61.3K -$2.17K -19 -3%
ETC
255
Exchange Traded Concepts
Oklahoma
$56.2K +$45.8K +402 +462%
PK
256
Pflug Koory
Nebraska
$56K
VNA
257
Valley National Advisers
Pennsylvania
$54K -$6.27K -55 -11%
Nomura Asset Management
258
Nomura Asset Management
Japan
$49.4K
WT
259
Whittier Trust
California
$46K
SWM
260
Spire Wealth Management
Virginia
$44K
BTI
261
Blue Trust Inc
Georgia
$42K +$45.2K +396 +1,131%
FDCDDQ
262
Federation des caisses Desjardins du Quebec
Quebec, Canada
$41.3K
HNB
263
Huntington National Bank
Ohio
$37K -$1.82K -16 -5%
ASN
264
Advisory Services Network
Georgia
$36.1K +$35.8K +314 New
Carson Wealth (CWM LLC)
265
Carson Wealth (CWM LLC)
Nebraska
$36K -$3.99K -35 -10%
CFB
266
Cullen/Frost Bankers
Texas
$34.5K
QCG
267
Quadrant Capital Group
Ohio
$34.2K -$1.03K -9 -3%
GI
268
Gradient Investments
Minnesota
$32.2K +$31.9K +280 New
GIA
269
GHP Investment Advisors
Colorado
$31.7K
AIG
270
American International Group
New York
$30.5K -$1.94K -17 -6%
PA
271
Parallel Advisors
California
$29.5K -$1.6K -14 -5%
UB
272
UMB Bank
Missouri
$26K
Fifth Third Bancorp
273
Fifth Third Bancorp
Ohio
$25.9K
AWM
274
Accurate Wealth Management
Florida
$23.9K +$23.1K +203 New
PPC
275
Park Place Capital
Alabama
$23K +$22.8K +200 New

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.