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Penske Automotive Group

325 hedge funds and large institutions have $2.07B invested in Penske Automotive Group in 2022 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 81 increasing their positions, 136 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 38

2% more funds holding

Funds holding: 318325 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.16% less ownership

Funds ownership: 31.74%29.58% (-2.2%)

11% less capital invested

Capital invested by funds: $2.32B → $2.07B (-$253M)

16% less call options, than puts

Call options by funds: $22.8M | Put options by funds: $27.1M

40% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 136

Holders
325
Holders Change
+7
Holders Change %
+2.2%
% of All Funds
5.22%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
53
Increased
81
Reduced
136
Closed
38
Calls
$22.8M
Puts
$27.1M
Net Calls
-$4.29M
Net Calls Change
+$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Balyasny Asset Management
51
Balyasny Asset Management
Illinois
$6.78M -$13.2M -115,338 -66%
Tudor Investment Corp
52
Tudor Investment Corp
Connecticut
$5.93M +$2.09M +18,370 +55%
KTA
53
Keeley-Teton Advisors
Illinois
$5.71M -$330K -2,898 -6%
GGHC
54
Gilder Gagnon Howe & Co
New York
$5.18M
SSA
55
Schonfeld Strategic Advisors
New York
$4.67M +$2.82M +24,700 +155%
LG
56
Leuthold Group
Minnesota
$4.58M -$107K -937 -2%
Franklin Resources
57
Franklin Resources
California
$4.47M -$334K -2,925 -7%
ZIM
58
Zacks Investment Management
Illinois
$4.44M -$127K -1,115 -3%
EI
59
EDMP Inc
Florida
$4.38M -$98.1K -860 -2%
UBS Group
60
UBS Group
Switzerland
$4.3M -$73.4K -644 -2%
California State Teachers Retirement System (CalSTRS)
61
California State Teachers Retirement System (CalSTRS)
California
$4.19M -$69.6K -610 -2%
IMRF
62
Illinois Municipal Retirement Fund
Illinois
$4M
State Board of Administration of Florida Retirement System
63
State Board of Administration of Florida Retirement System
Florida
$3.91M
Barclays
64
Barclays
United Kingdom
$3.91M -$1.77M -15,500 -31%
Legal & General Group
65
Legal & General Group
United Kingdom
$3.78M -$290K -2,541 -7%
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$3.67M +$103K +907 +3%
TCOV
67
Trust Company of Vermont
Vermont
$3.62M -$199K -1,747 -5%
Deutsche Bank
68
Deutsche Bank
Germany
$3.56M -$246K -2,159 -7%
Jane Street
69
Jane Street
New York
$3.36M -$29M -254,174 -90%
New York State Common Retirement Fund
70
New York State Common Retirement Fund
New York
$3.36M -$1.37K -12 -0%
AAM
71
Advisors Asset Management
Colorado
$3.35M -$255K -2,232 -7%
Macquarie Group
72
Macquarie Group
Australia
$3.29M
Corient Private Wealth
73
Corient Private Wealth
Florida
$3.23M +$3.21M +28,143 New
Royal Bank of Canada
74
Royal Bank of Canada
Ontario, Canada
$3.23M +$318K +2,787 +11%
BNP Paribas Financial Markets
75
BNP Paribas Financial Markets
France
$3.15M -$830K -7,282 -21%

PAG Hedge Fund Activity: Q4 2022 in Review

325 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2022, worth a combined $2.07B — down 11% from $2.32B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new PAG positions and 38 closed out — a net gain of 15 holders — while 81 added to existing stakes and 136 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $30.9M. The largest seller was American Century Companies, cutting an estimated $62.2M.

  • 325 institutional investors held Penske Automotive Group (PAG) as of Q4 2022, up from 318 in Q3 2022.
  • Funds reported $2.07B of Penske Automotive Group stock for Q4 2022, down 11% quarter-over-quarter.
  • 53 funds opened new Penske Automotive Group positions in Q4 2022 and 38 closed out, a net change of +15 holders.
  • The largest Penske Automotive Group buyer in Q4 2022 was D.E. Shaw & Co, an estimated $30.9M added.
  • The largest Penske Automotive Group seller in Q4 2022 was American Century Companies, an estimated $62.2M sold.

Based on aggregated 13F filings for Q4 2022.