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Penske Automotive Group

217 hedge funds and large institutions have $1.58B invested in Penske Automotive Group in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 73 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

238% more call options, than puts

Call options by funds: $7.93M | Put options by funds: $2.35M

17% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 29

3% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 73

1.35% less ownership

Funds ownership: 40.79%39.44% (-1.4%)

2% less funds holding

Funds holding: 221217 (-4)

12% less capital invested

Capital invested by funds: $1.8B → $1.58B (-$224M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
217
Holders Change
-4
Holders Change %
-1.81%
% of All Funds
5.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
34
Increased
75
Reduced
73
Closed
29
Calls
$7.93M
Puts
$2.35M
Net Calls
+$5.58M
Net Calls Change
-$2.03M
Name Holding Trade Value Shares
Change
Change in
Stake
QIM
76
Quantitative Investment Management
Virginia
$2.01M +$2.2M +43,000 New
BC
77
Brinker Capital
Pennsylvania
$1.94M +$59.5K +1,164 +3%
Aristotle Capital Management
78
Aristotle Capital Management
California
$1.84M +$6.39K +125 +0.3%
RhumbLine Advisers
79
RhumbLine Advisers
Massachusetts
$1.8M +$127K +2,483 +7%
RJA
80
Raymond James & Associates
Florida
$1.77M +$199K +3,891 +11%
State Board of Administration of Florida Retirement System
81
State Board of Administration of Florida Retirement System
Florida
$1.77M +$6.54K +128 +0.3%
UBS Group
82
UBS Group
Switzerland
$1.75M +$53.9K +1,055 +3%
GFM
83
Gramercy Funds Management
Connecticut
$1.74M
UBS AM
84
UBS AM
Illinois
$1.68M +$57.6K +1,127 +3%
ZCM
85
Zebra Capital Management
Connecticut
$1.6M -$21.9K -429 -1%
WA
86
Wasatch Advisors
Utah
$1.56M
B
87
Barings
North Carolina
$1.53M +$833K +16,300 +100%
AIMCA
88
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.52M +$1.65M +32,378 New
Barclays
89
Barclays
United Kingdom
$1.47M +$1.07M +20,906 +199%
CSS
90
Cubist Systematic Strategies
Connecticut
$1.37M +$1.21M +23,667 +429%
DA
91
Denali Advisors
California
$1.35M -$419K -8,200 -22%
BCP
92
Blue Chip Partners
Michigan
$1.31M +$71.8K +1,404 +5%
Nisa Investment Advisors
93
Nisa Investment Advisors
Missouri
$1.29M -$17.4K -340 -1%
AIG
94
American International Group
New York
$1.28M -$4.75K -93 -0.3%
ZIG
95
Zurich Insurance Group
Switzerland
$1.27M
CIP
96
Convergence Investment Partners
Florida
$1.25M -$2.65M -51,864 -66%
Asset Management One
97
Asset Management One
Japan
$1.25M -$73.9K -1,446 -5%
MWNA
98
Marshall Wace North America
New York
$1.22M +$1.33M +25,927 New
LBC
99
Lowe Brockenbrough & Co
Virginia
$1.15M -$54.7K -1,070 -4%
MC
100
Menta Capital
California
$1.12M -$5.08M -99,404 -81%

PAG Hedge Fund Activity: Q1 2017 in Review

217 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2017, worth a combined $1.58B — down 12% from $1.8B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PAG positions and 29 closed out — a net gain of 5 holders — while 75 added to existing stakes and 73 trimmed.

The largest buyer was BlackRock, adding an estimated $83.4M. The largest seller was Burgundy Asset Management, cutting an estimated $37.7M.

  • 217 institutional investors held Penske Automotive Group (PAG) as of Q1 2017, down from 221 in Q4 2016.
  • Funds reported $1.58B of Penske Automotive Group stock for Q1 2017, down 12% quarter-over-quarter.
  • 34 funds opened new Penske Automotive Group positions in Q1 2017 and 29 closed out, a net change of +5 holders.
  • The largest Penske Automotive Group buyer in Q1 2017 was BlackRock, an estimated $83.4M added.
  • The largest Penske Automotive Group seller in Q1 2017 was Burgundy Asset Management, an estimated $37.7M sold.

Based on aggregated 13F filings for Q1 2017.