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Penske Automotive Group

354 hedge funds and large institutions have $3.02B invested in Penske Automotive Group in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 110 increasing their positions, 126 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more call options, than puts

Call options by funds: $98M | Put options by funds: $31.6M

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

18% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 44

2% more funds holding

Funds holding: 348354 (+6)

0.09% more ownership

Funds ownership: 26.81%26.9% (+0.09%)

2% less capital invested

Capital invested by funds: $3.08B → $3.02B (-$51.9M)

13% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 126

Holders
354
Holders Change
+6
Holders Change %
+1.72%
% of All Funds
5.62%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
110
Reduced
126
Closed
44
Calls
$98M
Puts
$31.6M
Net Calls
+$66.4M
Net Calls Change
+$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GHA
376
GW Henssler & Associates
Georgia
-$379K -2,277 Closed
VF
377
Virtu Financial
New York
-$377K -2,262 Closed
SPA
378
Sherbrooke Park Advisers
New York
-$317K -1,900 Closed
CW
379
CreativeOne Wealth
Kansas
-$311K -1,869 Closed
WC
380
Waterloo Capital
Texas
-$303K -1,817 Closed
ACM
381
Aquatic Capital Management
Illinois
-$300K -1,800 Closed
PI
382
Putnam Investments
Massachusetts
-$287K -1,724 Closed
AWM
383
Alterna Wealth Management
Texas
-$274K -1,644 Closed
LIP
384
Lighthouse Investment Partners
Florida
-$274K -1,643 Closed
BCM
385
Brookstone Capital Management
Illinois
-$263K -1,527 Closed
TSS
386
Two Sigma Securities
New York
-$249K -1,491 Closed
MHS
387
M Holdings Securities
Oregon
-$236K -1,419 Closed
BC
388
Bridgefront Capital
Texas
-$226K -1,355 Closed
EHC
389
Everett Harris & Co
California
-$213K -1,277 Closed
SI
390
Saxon Interests
Texas
-$207K -1,242 Closed
CFO
391
CVA Family Office
Colorado
-$9.16K -55 Closed
AI
392
AXS Investments
New York
-$6.67K -40 Closed
SIS
393
Sound Income Strategies
Florida
-$5.17K -31 Closed
Loomis, Sayles & Company
394
Loomis, Sayles & Company
Massachusetts
-$4K -24 Closed
DI
395
Disciplined Investments
Oklahoma
-$3.33K -20 Closed
2L
396
25 LLC
Missouri
-$709 -4 Closed
M
397
MOTCO
Texas
-$333 -2 Closed
AW
398
Avion Wealth
Texas
+$502 +3 New

PAG Hedge Fund Activity: Q3 2023 in Review

354 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2023, worth a combined $3.02B — down 1.7% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PAG positions and 44 closed out — a net gain of 8 holders — while 110 added to existing stakes and 126 trimmed.

The largest buyer was BlackRock, adding an estimated $144M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $49.5M sold.

  • 354 institutional investors held Penske Automotive Group (PAG) as of Q3 2023, up from 348 in Q2 2023.
  • Funds reported $3.02B of Penske Automotive Group stock for Q3 2023, down 1.7% quarter-over-quarter.
  • 52 funds opened new Penske Automotive Group positions in Q3 2023 and 44 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q3 2023 was BlackRock, an estimated $144M added.
  • The largest Penske Automotive Group seller in Q3 2023 was Arrowstreet Capital, an estimated $49.5M sold.

Based on aggregated 13F filings for Q3 2023.