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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
BA
51
BlackRock Advisors
Delaware
$8.78M +$866K +16,896 +10%
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$8.59M +$3.15M +61,525 +53%
Wells Fargo
53
Wells Fargo
California
$8.31M +$922K +18,003 +12%
PCM
54
Penn Capital Management
Pennsylvania
$7.9M -$3.55M -69,241 -30%
State of New Jersey Common Pension Fund D
55
State of New Jersey Common Pension Fund D
New Jersey
$7.24M +$512K +10,000 +7%
GKIM
56
GW&K Investment Management
Massachusetts
$7.13M +$7.55M +147,276 New
11A
57
10-15 Associates
New York
$6.89M +$1.95M +38,027 +36%
CPIM
58
Columbia Partners Investment Management
Virginia
$6.36M -$129K -2,518 -2%
BNP Paribas Asset Management
59
BNP Paribas Asset Management
France
$5.9M +$6.24M +121,719 New
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$5.12M +$599K +11,700 +12%
QI
61
QS Investors
New York
$5.08M
HK
62
Horizon Kinetics
New York
$4.97M -$530K -10,350 -9%
LG
63
Leuthold Group
Minnesota
$4.96M -$684K -13,345 -12%
BA
64
Boston Advisors
Massachusetts
$4.66M -$103K -2,018 -2%
TA
65
Teachers Advisors
New York
$4.4M +$58.8K +1,148 +1%
Federated Hermes
66
Federated Hermes
Pennsylvania
$4.34M -$265K -5,165 -5%
RIM
67
Ranger Investment Management
Texas
$4.31M +$3.87M +75,514 +559%
BG
68
BlackRock Group
United Kingdom
$4.3M +$139K +2,704 +3%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$3.84M +$74.3K +1,451 +2%
BlackRock
70
BlackRock
New York
$3.71M +$33.1K +646 +0.8%
Stifel Financial
71
Stifel Financial
Missouri
$3.66M +$620K +12,105 +19%
DA
72
Denali Advisors
California
$3.55M
MAM
73
Martingale Asset Management
Massachusetts
$3.49M +$2.57M +50,114 +228%
BNP Paribas Financial Markets
74
BNP Paribas Financial Markets
France
$3.48M +$3.61M +70,406 +5,166%
WA
75
Wasatch Advisors
Utah
$3.36M +$425K +8,300 +14%

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.