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Penske Automotive Group

217 hedge funds and large institutions have $1.49B invested in Penske Automotive Group in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $2.52M

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

0% more funds holding

Funds holding: 217217 (0)

0.04% less ownership

Funds ownership: 39.44%39.4% (-0.04%)

6% less capital invested

Capital invested by funds: $1.58B → $1.49B (-$87.7M)

11% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 79

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
217
Holders Change
Holders Change %
0%
% of All Funds
5.41%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
70
Reduced
79
Closed
28
Calls
$13.4M
Puts
$2.52M
Net Calls
+$10.9M
Net Calls Change
+$5.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
26
Prudential Financial
New Jersey
$14M -$7.24M -164,274 -34%
GH
27
GAM Holding
Switzerland
$13.1M
Charles Schwab
28
Charles Schwab
California
$13.1M +$721K +16,353 +6%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$12.7M +$83.6K +1,896 +0.7%
BGIM
30
Brandywine Global Investment Management
Pennsylvania
$12M -$4.33M -98,219 -26%
RCAMU
31
Rothschild & Co Asset Management US
Connecticut
$12M -$894K -20,292 -7%
Northern Trust
32
Northern Trust
Illinois
$10.3M -$372K -8,445 -3%
Fiera Capital (Canada)
33
Fiera Capital (Canada)
Quebec, Canada
$10M -$1.55M -35,095 -13%
JP Morgan Chase
34
JP Morgan Chase
New York
$9.47M +$2.13M +48,242 +29%
PP
35
PDT Partners
New York
$8.9M -$1.72M -39,100 -16%
CIS
36
Connors Investor Services
Pennsylvania
$8.15M +$431K +9,785 +6%
CI
37
Cambiar Investors
Colorado
$8.03M +$8.06M +182,896 New
JVBC
38
J.V. Bruni & Co
Colorado
$7.73M +$288K +6,534 +4%
AQR Capital Management
39
AQR Capital Management
Connecticut
$7.63M -$379K -8,589 -5%
Balyasny Asset Management
40
Balyasny Asset Management
Illinois
$7.43M -$560K -12,702 -7%
MWNA
41
Marshall Wace North America
New York
$7.23M +$6.1M +138,366 +534%
State of New Jersey Common Pension Fund D
42
State of New Jersey Common Pension Fund D
New Jersey
$6.79M
GF
43
Gabelli Funds
New York
$6.46M +$172K +3,909 +3%
Lord, Abbett & Co
44
Lord, Abbett & Co
New Jersey
$6.05M +$115K +2,600 +2%
Norges Bank
45
Norges Bank
Norway
$5.88M -$983K -22,306 -14%
First Trust Advisors
46
First Trust Advisors
Illinois
$5.54M -$23.8K -540 -0.4%
BCMNY
47
Buckingham Capital Management (New York)
New York
$5.49M +$5.51M +125,000 New
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$5.26M -$1.32M -29,902 -20%
TCIM
49
TIAA CREF Investment Management
New York
$5.1M -$269K -6,100 -5%
PFC
50
Phocas Financial Corp
California
$5.09M +$5.11M +115,931 New

PAG Hedge Fund Activity: Q2 2017 in Review

217 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2017, worth a combined $1.49B — down 5.6% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PAG positions and 28 closed out — a net gain of 2 holders — while 70 added to existing stakes and 79 trimmed.

The largest buyer was London Company of Virginia, adding an estimated $23.6M. The largest seller was Capital Research Global Investors, cutting an estimated $20.8M.

  • 217 institutional investors held Penske Automotive Group (PAG) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $1.49B of Penske Automotive Group stock for Q2 2017, down 5.6% quarter-over-quarter.
  • 30 funds opened new Penske Automotive Group positions in Q2 2017 and 28 closed out, a net change of +2 holders.
  • The largest Penske Automotive Group buyer in Q2 2017 was London Company of Virginia, an estimated $23.6M added.
  • The largest Penske Automotive Group seller in Q2 2017 was Capital Research Global Investors, an estimated $20.8M sold.

Based on aggregated 13F filings for Q2 2017.