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Penske Automotive Group

326 hedge funds and large institutions have $2.57B invested in Penske Automotive Group in 2022 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 91 increasing their positions, 128 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

199% more call options, than puts

Call options by funds: $51.4M | Put options by funds: $17.2M

30% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 44

13% more capital invested

Capital invested by funds: $2.29B → $2.57B (+$286M)

2% more funds holding

Funds holding: 321326 (+5)

0.79% more ownership

Funds ownership: 31.58%32.37% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

29% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 128

Holders
326
Holders Change
+5
Holders Change %
+1.56%
% of All Funds
5.49%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
57
Increased
91
Reduced
128
Closed
44
Calls
$51.4M
Puts
$17.2M
Net Calls
+$34.2M
Net Calls Change
+$19.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$17M +$3.02M +28,201 +21%
First Trust Advisors
27
First Trust Advisors
Illinois
$15.2M -$15.6M -145,179 -50%
SEI Investments
28
SEI Investments
Pennsylvania
$13.9M -$3.59M -33,515 -20%
Balyasny Asset Management
29
Balyasny Asset Management
Illinois
$13.2M +$7.19M +67,025 +114%
EVM
30
Eaton Vance Management
Massachusetts
$12.7M +$157K +1,462 +1%
BGIM
31
Brandywine Global Investment Management
Pennsylvania
$12.7M -$437K -4,075 -3%
Northern Trust
32
Northern Trust
Illinois
$12.7M -$1.56M -14,575 -11%
JP Morgan Chase
33
JP Morgan Chase
New York
$12.5M -$58.1K -542 -0.5%
HAI
34
Hennessy Advisors Inc
California
$12.3M -$85.8K -800 -0.7%
IECM
35
Intrinsic Edge Capital Management
Illinois
$11.7M +$12M +111,867 New
BG
36
Bahl & Gaynor
Ohio
$11.5M +$5.94M +55,441 +101%
FAM
37
Fenimore Asset Management
New York
$9.36M -$2.12M -19,737 -18%
Mackenzie Financial
38
Mackenzie Financial
Ontario, Canada
$8.83M -$1.3M -12,110 -13%
Grantham, Mayo, Van Otterloo & Co (GMO)
39
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$8.54M -$1.57M -14,600 -15%
N
40
Nuveen
North Carolina
$8.27M -$186K -1,738 -2%
SBIA
41
Sheaff Brock Investment Advisors
Indiana
$7.83M -$42.9K -400 -0.5%
UBS AM
42
UBS AM
Illinois
$7.75M +$789K +7,361 +11%
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$7.75M +$6.09M +56,797 +330%
Swiss National Bank
44
Swiss National Bank
Switzerland
$7.62M -$139K -1,300 -2%
GF
45
Gabelli Funds
New York
$7.59M
CIM
46
Cambria Investment Management
California
$7.37M +$861K +8,030 +13%
Janney Montgomery Scott
47
Janney Montgomery Scott
Pennsylvania
$7.14M -$215K -2,010 -3%
CSS
48
Cubist Systematic Strategies
Connecticut
$6.31M +$5.53M +51,565 +594%
Barclays
49
Barclays
United Kingdom
$5.99M -$979K -9,129 -14%
KTA
50
Keeley-Teton Advisors
Illinois
$5.94M -$2M -18,614 -25%

PAG Hedge Fund Activity: Q2 2022 in Review

326 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2022, worth a combined $2.57B — up 13% from $2.29B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new PAG positions and 44 closed out — a net gain of 13 holders — while 91 added to existing stakes and 128 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $33.7M. The largest seller was American Century Companies, cutting an estimated $36.3M.

  • 326 institutional investors held Penske Automotive Group (PAG) as of Q2 2022, up from 321 in Q1 2022.
  • Funds reported $2.57B of Penske Automotive Group stock for Q2 2022, up 13% quarter-over-quarter.
  • 57 funds opened new Penske Automotive Group positions in Q2 2022 and 44 closed out, a net change of +13 holders.
  • The largest Penske Automotive Group buyer in Q2 2022 was Arrowstreet Capital, an estimated $33.7M added.
  • The largest Penske Automotive Group seller in Q2 2022 was American Century Companies, an estimated $36.3M sold.

Based on aggregated 13F filings for Q2 2022.