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Penske Automotive Group

269 hedge funds and large institutions have $2.14B invested in Penske Automotive Group in 2021 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 82 increasing their positions, 90 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 31

8% more funds holding

Funds holding: 250269 (+19)

9% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 90

1.07% less ownership

Funds ownership: 36.25%35.18% (-1.1%)

9% less capital invested

Capital invested by funds: $2.35B → $2.14B (-$203M)

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

78% less call options, than puts

Call options by funds: $5.83M | Put options by funds: $26.9M

Holders
269
Holders Change
+19
Holders Change %
+7.6%
% of All Funds
4.68%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.02%
New
52
Increased
82
Reduced
90
Closed
31
Calls
$5.83M
Puts
$26.9M
Net Calls
-$21.1M
Net Calls Change
-$13.1M
Name Holding Trade Value Shares
Change
Change in
Stake
DDPIC
26
Deroy & Devereaux Private Investment Counsel
Michigan
$16.3M -$7.22M -86,220 -29%
Wells Fargo
27
Wells Fargo
California
$16.2M -$40.3K -481 -0.2%
Grantham, Mayo, Van Otterloo & Co (GMO)
28
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$14M +$1.99M +23,804 +15%
Northern Trust
29
Northern Trust
Illinois
$12.6M -$16.1M -191,988 -53%
Aristotle Capital Management
30
Aristotle Capital Management
California
$12M -$2.01M -24,025 -11%
GC
31
Guggenheim Capital
Illinois
$11M +$2.05M +24,504 +20%
FAM
32
Fenimore Asset Management
New York
$10.3M -$9.21K -110 -0.1%
Fidelity Investments
33
Fidelity Investments
Massachusetts
$9.85M +$125K +1,494 +1%
Los Angeles Capital Management
34
Los Angeles Capital Management
California
$9.25M +$2.91M +34,812 +40%
B
35
BP
United Kingdom
$8.66M -$2.07M -24,710 -18%
SEI Investments
36
SEI Investments
Pennsylvania
$8.55M +$1.98M +23,609 +26%
EVM
37
Eaton Vance Management
Massachusetts
$8.24M -$13.5K -161 -0.1%
KTA
38
Keeley-Teton Advisors
Illinois
$7.6M -$3.94M -47,117 -32%
Mackenzie Financial
39
Mackenzie Financial
Ontario, Canada
$7.46M +$3.51M +41,900 +74%
N
40
Nuveen
North Carolina
$7.42M +$40.9K +489 +0.5%
Prudential Financial
41
Prudential Financial
New Jersey
$7.41M +$2.78M +33,191 +51%
MCM
42
Moore Capital Management
New York
$7.36M +$628K +7,500 +8%
PPA
43
Parametric Portfolio Associates
Washington
$6.71M -$3.02M -36,065 -29%
Barclays
44
Barclays
United Kingdom
$6.59M +$5.56M +66,454 +318%
Invesco
45
Invesco
Georgia
$6.5M +$1.49M +17,757 +26%
Qube Research & Technologies (QRT)
46
Qube Research & Technologies (QRT)
United Kingdom
$6.3M +$5.62M +67,158 +412%
BG
47
Bahl & Gaynor
Ohio
$6.01M +$769K +9,191 +13%
GF
48
Gabelli Funds
New York
$5.74M
Pacer Advisors
49
Pacer Advisors
Pennsylvania
$5.47M +$2.71M +32,398 +81%
Swiss National Bank
50
Swiss National Bank
Switzerland
$5.35M -$209K -2,500 -3%

PAG Hedge Fund Activity: Q2 2021 in Review

269 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2021, worth a combined $2.14B — down 8.7% from $2.35B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PAG positions and 31 closed out — a net gain of 21 holders — while 82 added to existing stakes and 90 trimmed.

The largest buyer was American Century Companies, adding an estimated $22.1M. The largest seller was Victory Capital Management, cutting an estimated $39.1M.

  • 269 institutional investors held Penske Automotive Group (PAG) as of Q2 2021, up from 250 in Q1 2021.
  • Funds reported $2.14B of Penske Automotive Group stock for Q2 2021, down 8.7% quarter-over-quarter.
  • 52 funds opened new Penske Automotive Group positions in Q2 2021 and 31 closed out, a net change of +21 holders.
  • The largest Penske Automotive Group buyer in Q2 2021 was American Century Companies, an estimated $22.1M added.
  • The largest Penske Automotive Group seller in Q2 2021 was Victory Capital Management, an estimated $39.1M sold.

Based on aggregated 13F filings for Q2 2021.