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Penske Automotive Group

187 hedge funds and large institutions have $961M invested in Penske Automotive Group in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

582% more call options, than puts

Call options by funds: $3.44M | Put options by funds: $504K

2.08% more ownership

Funds ownership: 40.1%42.19% (+2.1%)

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

23% less funds holding

Funds holding: 243187 (-56)

42% less capital invested

Capital invested by funds: $1.65B → $961M (-$692M)

74% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 69

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
-56
Holders Change %
-23.05%
% of All Funds
4.12%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
65
Reduced
63
Closed
69
Calls
$3.44M
Puts
$504K
Net Calls
+$2.93M
Net Calls Change
+$898K
Name Holding Trade Value Shares
Change
Change in
Stake
TCOV
51
Trust Company of Vermont
Vermont
$1.79M +$65.1K +1,495 +2%
PPA
52
Parametric Portfolio Associates
Washington
$1.72M -$312K -7,164 -10%
DIA
53
Dean Investment Associates
Ohio
$1.68M -$1.96M -45,120 -43%
DA
54
Denali Advisors
California
$1.67M +$766K +17,600 +42%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$1.65M +$146K +3,358 +6%
UBS AM
56
UBS AM
Illinois
$1.52M -$66.9K -1,537 -3%
WG
57
Winton Group
United Kingdom
$1.52M -$2.04M -46,936 -46%
Legal & General Group
58
Legal & General Group
United Kingdom
$1.5M +$7.62K +175 +0.3%
Invesco
59
Invesco
Georgia
$1.41M -$1.3M -29,858 -37%
BCP
60
Blue Chip Partners
Michigan
$1.4M +$94.8K +2,179 +5%
CI
61
Cambiar Investors
Colorado
$1.38M -$4.95M -113,689 -70%
EI
62
EDMP Inc
Florida
$1.38M +$24.8K +570 +1%
PGIM
63
Pacific Global Investment Management
California
$1.35M -$165K -3,781 -7%
UBS Group
64
UBS Group
Switzerland
$1.34M -$2.27M -52,223 -52%
Balyasny Asset Management
65
Balyasny Asset Management
Illinois
$1.26M +$580K +13,321 +42%
Aristotle Capital Management
66
Aristotle Capital Management
California
$1.23M -$59.7K -1,372 -3%
State of New Jersey Common Pension Fund D
67
State of New Jersey Common Pension Fund D
New Jersey
$1.2M
AG
68
Aperio Group
California
$1.15M -$267K -6,140 -13%
Mitsubishi UFJ Trust & Banking
69
Mitsubishi UFJ Trust & Banking
Japan
$1.13M
Holocene Advisors
70
Holocene Advisors
New York
$1.11M -$42.5K -977 -2%
MCM
71
Moore Capital Management
New York
$1.06M -$1.17M -27,000 -42%
SEI Investments
72
SEI Investments
Pennsylvania
$1.04M +$169K +3,878 +12%
WAM
73
Wealthspire Advisors (Maryland)
Maryland
$915K -$695K -15,979 -33%
WANY
74
Wealthspire Advisors (New York)
New York
$915K +$1.42M +32,664 New
AIMCA
75
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$907K

PAG Hedge Fund Activity: Q1 2020 in Review

187 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2020, worth a combined $961M — down 42% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of PAG and 18 opened new positions — a net loss of 51 holders — while 63 trimmed existing stakes and 65 added.

The largest buyer was Victory Capital Management, adding an estimated $102M. The largest seller was BlackRock, cutting an estimated $18.8M.

  • 187 institutional investors held Penske Automotive Group (PAG) as of Q1 2020, down from 243 in Q4 2019.
  • Funds reported $961M of Penske Automotive Group stock for Q1 2020, down 42% quarter-over-quarter.
  • 18 funds opened new Penske Automotive Group positions in Q1 2020 and 69 closed out, a net change of -51 holders.
  • The largest Penske Automotive Group buyer in Q1 2020 was Victory Capital Management, an estimated $102M added.
  • The largest Penske Automotive Group seller in Q1 2020 was BlackRock, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2020.