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Penske Automotive Group

321 hedge funds and large institutions have $2.29B invested in Penske Automotive Group in 2022 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 104 increasing their positions, 116 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more call options, than puts

Call options by funds: $25.9M | Put options by funds: $11.3M

24% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 41

3% more funds holding

Funds holding: 313321 (+8)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.32% less ownership

Funds ownership: 31.9%31.58% (-0.32%)

10% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 116

15% less capital invested

Capital invested by funds: $2.68B → $2.29B (-$391M)

Holders
321
Holders Change
+8
Holders Change %
+2.56%
% of All Funds
5.06%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
51
Increased
104
Reduced
116
Closed
41
Calls
$25.9M
Puts
$11.3M
Net Calls
+$14.5M
Net Calls Change
+$16.9M
Name Holding Trade Value Shares
Change
Change in
Stake
SC
51
Shellback Capital
Massachusetts
$5.16M +$2.49M +24,605 +81%
BG
52
Bahl & Gaynor
Ohio
$5.14M -$3.23M -31,887 -37%
Los Angeles Capital Management
53
Los Angeles Capital Management
California
$5.12M -$2.51M -24,772 -31%
Squarepoint
54
Squarepoint
New York
$4.89M +$4.65M +45,947 +742%
TCOV
55
Trust Company of Vermont
Vermont
$4.65M -$9.61K -95 -0.2%
BNP Paribas Financial Markets
56
BNP Paribas Financial Markets
France
$4.62M +$1.99M +19,682 +66%
MCM
57
Moore Capital Management
New York
$4.12M -$4.96M -49,000 -53%
LG
58
Leuthold Group
Minnesota
$4M -$405K -4,001 -9%
BCP
59
Blue Chip Partners
Michigan
$3.93M +$12.1K +120 +0.3%
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$3.78M -$425K -4,199 -9%
EI
61
EDMP Inc
Florida
$3.72M -$19.2K -190 -0.5%
Legal & General Group
62
Legal & General Group
United Kingdom
$3.66M -$144K -1,425 -4%
UBS Group
63
UBS Group
Switzerland
$3.63M +$4.25K +42 +0.1%
Victory Capital Management
64
Victory Capital Management
Texas
$3.56M -$141K -1,395 -4%
AllianceBernstein
65
AllianceBernstein
Tennessee
$3.53M +$2.43M +23,996 +175%
Franklin Resources
66
Franklin Resources
California
$3.52M +$770K +7,607 +25%
State Board of Administration of Florida Retirement System
67
State Board of Administration of Florida Retirement System
Florida
$3.36M -$13.2K -130 -0.4%
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$3.26M -$738K -7,295 -17%
Deutsche Bank
69
Deutsche Bank
Germany
$3.15M -$7.79K -77 -0.2%
RJA
70
Raymond James & Associates
Florida
$3.04M +$291K +2,877 +10%
WANY
71
Wealthspire Advisors (New York)
New York
$3M
Royal Bank of Canada
72
Royal Bank of Canada
Ontario, Canada
$2.88M +$249K +2,465 +9%
APF
73
Alaska Permanent Fund
Alaska
$2.88M
CS
74
Credit Suisse
Switzerland
$2.75M +$261K +2,582 +10%
LCM
75
Logan Capital Management
Pennsylvania
$2.67M +$14.3K +141 +0.5%

PAG Hedge Fund Activity: Q1 2022 in Review

321 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2022, worth a combined $2.29B — down 15% from $2.68B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAG positions and 41 closed out — a net gain of 10 holders — while 104 added to existing stakes and 116 trimmed.

The largest buyer was American Century Companies, adding an estimated $23.7M. The largest seller was BlackRock, cutting an estimated $25.3M.

  • 321 institutional investors held Penske Automotive Group (PAG) as of Q1 2022, up from 313 in Q4 2021.
  • Funds reported $2.29B of Penske Automotive Group stock for Q1 2022, down 15% quarter-over-quarter.
  • 51 funds opened new Penske Automotive Group positions in Q1 2022 and 41 closed out, a net change of +10 holders.
  • The largest Penske Automotive Group buyer in Q1 2022 was American Century Companies, an estimated $23.7M added.
  • The largest Penske Automotive Group seller in Q1 2022 was BlackRock, an estimated $25.3M sold.

Based on aggregated 13F filings for Q1 2022.