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Penske Automotive Group

231 hedge funds and large institutions have $1.82B invested in Penske Automotive Group in 2015 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 97 increasing their positions, 61 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 22

59% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 61

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

11% more funds holding

Funds holding: 209231 (+22)

0.28% more ownership

Funds ownership: 42.84%43.12% (+0.28%)

7% less capital invested

Capital invested by funds: $1.95B → $1.82B (-$128M)

20% less call options, than puts

Call options by funds: $2.58M | Put options by funds: $3.23M

Holders
231
Holders Change
+22
Holders Change %
+10.53%
% of All Funds
6.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
45
Increased
97
Reduced
61
Closed
22
Calls
$2.58M
Puts
$3.23M
Net Calls
-$645K
Net Calls Change
-$2.43M
Name Holding Trade Value Shares
Change
Change in
Stake
GH
26
GAM Holding
Switzerland
$18.5M
TRSOTSOK
27
Teachers Retirement System of the State of Kentucky
Kentucky
$18.4M +$2.15M +42,000 +12%
BGIM
28
Brandywine Global Investment Management
Pennsylvania
$18.1M +$744K +14,516 +4%
American Century Companies
29
American Century Companies
Missouri
$16.9M -$2.02M -39,344 -10%
Principal Financial Group
30
Principal Financial Group
Iowa
$16.7M +$110K +2,144 +0.6%
Allianz Asset Management
31
Allianz Asset Management
Germany
$16.5M +$3.73M +72,789 +27%
DCM
32
Donaldson Capital Management
Indiana
$16.5M +$964K +18,807 +6%
Axa
33
Axa
France
$16.3M +$4.4M +85,920 +34%
Morgan Stanley
34
Morgan Stanley
New York
$16.1M +$4.95M +96,537 +41%
RIM
35
Rainier Investment Management
Washington
$15.8M +$2.52M +49,100 +18%
AIM
36
Act II Management
New York
$15.3M -$2.61M -50,863 -14%
Goldman Sachs
37
Goldman Sachs
New York
$13.9M +$7.35M +143,524 +100%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$13.8M +$344K +6,723 +2%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$13.3M +$1.48M +28,957 +12%
Northern Trust
40
Northern Trust
Illinois
$12.7M -$240K -4,689 -2%
GF
41
Gabelli Funds
New York
$12.6M +$154K +3,000 +1%
State of Wisconsin Investment Board
42
State of Wisconsin Investment Board
Wisconsin
$11.4M -$43.6K -850 -0.4%
Ameriprise
43
Ameriprise
Minnesota
$11.2M -$6.62M -129,159 -36%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$11.1M -$1.81M -35,421 -13%
GAM
45
Gotham Asset Management
New York
$9.77M +$3.4M +66,426 +49%
Prudential Financial
46
Prudential Financial
New Jersey
$9.76M +$2.22M +43,400 +27%
AIM
47
Artemis Investment Management
United Kingdom
$9.38M +$9.03M +176,283 +1,013%
Deutsche Bank
48
Deutsche Bank
Germany
$9.11M -$1.78M -34,648 -16%
Citadel Advisors
49
Citadel Advisors
Florida
$9.08M +$4.7M +91,825 +96%
Charles Schwab
50
Charles Schwab
California
$9.03M +$597K +11,642 +7%

PAG Hedge Fund Activity: Q3 2015 in Review

231 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2015, worth a combined $1.82B — down 6.6% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PAG positions and 22 closed out — a net gain of 23 holders — while 97 added to existing stakes and 61 trimmed.

The largest buyer was Artemis Investment Management, adding an estimated $9.03M. The largest seller was Lord, Abbett & Co, cutting an estimated $21M.

  • 231 institutional investors held Penske Automotive Group (PAG) as of Q3 2015, up from 209 in Q2 2015.
  • Funds reported $1.82B of Penske Automotive Group stock for Q3 2015, down 6.6% quarter-over-quarter.
  • 45 funds opened new Penske Automotive Group positions in Q3 2015 and 22 closed out, a net change of +23 holders.
  • The largest Penske Automotive Group buyer in Q3 2015 was Artemis Investment Management, an estimated $9.03M added.
  • The largest Penske Automotive Group seller in Q3 2015 was Lord, Abbett & Co, an estimated $21M sold.

Based on aggregated 13F filings for Q3 2015.