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Penske Automotive Group

210 hedge funds and large institutions have $1.9B invested in Penske Automotive Group in 2014 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 67 increasing their positions, 64 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

292% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 13

61% more call options, than puts

Call options by funds: $3.01M | Put options by funds: $1.87M

21% more funds holding

Funds holding: 173210 (+37)

15% more capital invested

Capital invested by funds: $1.65B → $1.9B (+$253M)

5% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 64

0.05% more ownership

Funds ownership: 42.62%42.67% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
210
Holders Change
+37
Holders Change %
+21.39%
% of All Funds
6.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
51
Increased
67
Reduced
64
Closed
13
Calls
$3.01M
Puts
$1.87M
Net Calls
+$1.15M
Net Calls Change
+$260K
Name Holding Trade Value Shares
Change
Change in
Stake
LG
51
Leuthold Group
Minnesota
$7.18M -$5.61K -123 -0.1%
QBFM
52
QS Batterymarch Financial Management
New York
$7.17M -$559K -12,250 -8%
PMG
53
Private Management Group
California
$7.12M -$78K -1,709 -1%
WI
54
WBI Investments
New Jersey
$6.8M +$300K +6,569 +5%
Charles Schwab
55
Charles Schwab
California
$6.43M -$2.65M -58,186 -31%
State of New Jersey Common Pension Fund D
56
State of New Jersey Common Pension Fund D
New Jersey
$6.41M +$5.91M +129,500 New
ORI
57
Oak Ridge Investments
Illinois
$5.75M -$87K -1,907 -2%
HK
58
Horizon Kinetics
New York
$5.57M -$90.7K -1,988 -2%
GF
59
Gabelli Funds
New York
$5.5M
PP
60
Paloma Partners
Connecticut
$5.42M +$4.99M +109,397 New
RFC
61
Russell Frank Company
Washington
$5.4M -$1.75M -38,449 -26%
Deutsche Bank
62
Deutsche Bank
Germany
$5.11M +$2.21M +48,377 +88%
Wells Fargo
63
Wells Fargo
California
$5.03M +$2.4M +52,518 +107%
WMSA
64
Weiss Multi-Strategy Advisers
New York
$4.95M +$4.56M +100,000 New
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$4.62M
Barclays
66
Barclays
United Kingdom
$4.51M +$4.02M +88,012 +2,160%
CS
67
Credit Suisse
Switzerland
$4.46M +$1.24M +27,076 +43%
PPA
68
Parametric Portfolio Associates
Washington
$4.39M -$120K -2,635 -3%
SCM
69
SG Capital Management
Illinois
$4.28M +$3.95M +86,478 New
3NC
70
300 North Capital
California
$4.08M +$257K +5,628 +7%
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$3.85M +$45.6K +1,000 +1%
DCM
72
Dupont Capital Management
Delaware
$3.67M -$1.21M -26,560 -26%
BG
73
BlackRock Group
United Kingdom
$3.5M +$1.65M +36,111 +105%
Citadel Advisors
74
Citadel Advisors
Florida
$3.44M +$3.16M +69,319 +30,808%
TCM
75
Timpani Capital Management
Wisconsin
$3.37M +$1.4M +30,694 +82%

PAG Hedge Fund Activity: Q2 2014 in Review

210 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2014, worth a combined $1.9B — up 15% from $1.65B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAG positions and 13 closed out — a net gain of 38 holders — while 67 added to existing stakes and 64 trimmed.

The largest buyer was Norges Bank, adding an estimated $20.3M. The largest seller was BlackRock Fund Advisors, cutting an estimated $34.8M.

  • 210 institutional investors held Penske Automotive Group (PAG) as of Q2 2014, up from 173 in Q1 2014.
  • Funds reported $1.9B of Penske Automotive Group stock for Q2 2014, up 15% quarter-over-quarter.
  • 51 funds opened new Penske Automotive Group positions in Q2 2014 and 13 closed out, a net change of +38 holders.
  • The largest Penske Automotive Group buyer in Q2 2014 was Norges Bank, an estimated $20.3M added.
  • The largest Penske Automotive Group seller in Q2 2014 was BlackRock Fund Advisors, an estimated $34.8M sold.

Based on aggregated 13F filings for Q2 2014.