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Penske Automotive Group

217 hedge funds and large institutions have $1.49B invested in Penske Automotive Group in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $2.52M

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

0% more funds holding

Funds holding: 217217 (0)

0.04% less ownership

Funds ownership: 39.44%39.4% (-0.04%)

6% less capital invested

Capital invested by funds: $1.58B → $1.49B (-$87.7M)

11% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 79

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
217
Holders Change
Holders Change %
0%
% of All Funds
5.41%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
70
Reduced
79
Closed
28
Calls
$13.4M
Puts
$2.52M
Net Calls
+$10.9M
Net Calls Change
+$5.34M
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
76
Raymond James & Associates
Florida
$1.61M -$50.7K -1,150 -3%
QIM
77
Quantitative Investment Management
Virginia
$1.57M -$322K -7,300 -17%
UBS AM
78
UBS AM
Illinois
$1.51M -$59.6K -1,353 -4%
ZCM
79
Zebra Capital Management
Connecticut
$1.49M -$11.2K -255 -0.7%
BCP
80
Blue Chip Partners
Michigan
$1.46M +$240K +5,447 +20%
RhumbLine Advisers
81
RhumbLine Advisers
Massachusetts
$1.45M -$248K -5,624 -15%
AIMCA
82
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.42M
WA
83
Wasatch Advisors
Utah
$1.42M -$47.8K -1,085 -3%
CS
84
Credit Suisse
Switzerland
$1.39M -$1.2M -27,230 -46%
Aristotle Capital Management
85
Aristotle Capital Management
California
$1.34M -$386K -8,750 -22%
Citadel Advisors
86
Citadel Advisors
Florida
$1.27M -$808K -18,324 -39%
Nisa Investment Advisors
87
Nisa Investment Advisors
Missouri
$1.2M -$17.6K -400 -1%
ZIG
88
Zurich Insurance Group
Switzerland
$1.19M
GFM
89
Gramercy Funds Management
Connecticut
$1.16M -$478K -10,850 -29%
AIG
90
American International Group
New York
$1.13M -$72.5K -1,645 -6%
LBC
91
Lowe Brockenbrough & Co
Virginia
$1.08M +$5.95K +135 +0.6%
EI
92
EDMP Inc
Florida
$1.05M +$1.06M +23,945 New
Canada Pension Plan Investment Board
93
Canada Pension Plan Investment Board
Ontario, Canada
$1.04M +$524K +11,900 +100%
TC
94
TFS Capital
Pennsylvania
$1.03M +$1.03M +23,397 New
EHC
95
Everett Harris & Co
California
$986K +$52.7K +1,195 +6%
AllianceBernstein
96
AllianceBernstein
Tennessee
$984K +$142K +3,212 +17%
Royal Bank of Canada
97
Royal Bank of Canada
Ontario, Canada
$934K +$148K +3,348 +19%
WS
98
Wedbush Securities
California
$898K +$135K +3,060 +18%
Macquarie Group
99
Macquarie Group
Australia
$865K
HK
100
Horizon Kinetics
New York
$853K -$3.11M -70,673 -78%

PAG Hedge Fund Activity: Q2 2017 in Review

217 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2017, worth a combined $1.49B — down 5.6% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PAG positions and 28 closed out — a net gain of 2 holders — while 70 added to existing stakes and 79 trimmed.

The largest buyer was London Company of Virginia, adding an estimated $23.6M. The largest seller was Capital Research Global Investors, cutting an estimated $20.8M.

  • 217 institutional investors held Penske Automotive Group (PAG) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $1.49B of Penske Automotive Group stock for Q2 2017, down 5.6% quarter-over-quarter.
  • 30 funds opened new Penske Automotive Group positions in Q2 2017 and 28 closed out, a net change of +2 holders.
  • The largest Penske Automotive Group buyer in Q2 2017 was London Company of Virginia, an estimated $23.6M added.
  • The largest Penske Automotive Group seller in Q2 2017 was Capital Research Global Investors, an estimated $20.8M sold.

Based on aggregated 13F filings for Q2 2017.