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.
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: 313 → 321 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$23.7M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$21.2M |
| 3 |
Goldman Sachs
New York
|
+$18.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.41M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$25.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$21.1M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$16.8M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$16.6M |
| 5 |
Morgan Stanley
New York
|
-$14.3M |
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.