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Penske Automotive Group

240 hedge funds and large institutions have $1.7B invested in Penske Automotive Group in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 84 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

239% more call options, than puts

Call options by funds: $14.2M | Put options by funds: $4.17M

26% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 31

6% more capital invested

Capital invested by funds: $1.6B → $1.7B (+$97.5M)

2% more funds holding

Funds holding: 236240 (+4)

0.72% more ownership

Funds ownership: 41.92%42.64% (+0.72%)

12% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 84

Holders
240
Holders Change
+4
Holders Change %
+1.69%
% of All Funds
5.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
39
Increased
74
Reduced
84
Closed
31
Calls
$14.2M
Puts
$4.17M
Net Calls
+$9.99M
Net Calls Change
+$5.99M
Name Holding Trade Value Shares
Change
Change in
Stake
OCG
76
Opus Capital Group
Ohio
$2.2M -$3.11K -66 -0.1%
GC
77
Guggenheim Capital
Illinois
$2.18M -$15.8K -336 -0.7%
JIR
78
James Investment Research
Ohio
$2.1M +$282K +5,980 +15%
PPA
79
Parametric Portfolio Associates
Washington
$2.07M +$248K +5,250 +14%
EI
80
EDMP Inc
Florida
$2.01M -$67.9K -1,440 -3%
BCP
81
Blue Chip Partners
Michigan
$1.99M -$74.6K -1,582 -4%
Asset Management One
82
Asset Management One
Japan
$1.98M +$1.96M +41,499 New
OWIM
83
Old West Investment Management
California
$1.96M
Legal & General Group
84
Legal & General Group
United Kingdom
$1.83M -$435K -9,227 -19%
BC
85
Brinker Capital
Pennsylvania
$1.75M -$30.7K -651 -2%
UBS AM
86
UBS AM
Illinois
$1.67M -$25.5K -540 -1%
CS
87
Credit Suisse
Switzerland
$1.66M +$322K +6,820 +24%
AIA
88
Affinity Investment Advisors
California
$1.57M -$23.7K -502 -1%
State Board of Administration of Florida Retirement System
89
State Board of Administration of Florida Retirement System
Florida
$1.54M +$68.5K +1,453 +5%
VRS
90
Virginia Retirement Systems
Virginia
$1.53M +$1.54M +32,600 New
AIMCA
91
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.52M
Stifel Financial
92
Stifel Financial
Missouri
$1.5M -$132K -2,797 -8%
GAM
93
Gotham Asset Management
New York
$1.47M -$2.2M -46,613 -60%
EMG
94
Ellington Management Group
Connecticut
$1.34M -$1.63M -34,550 -55%
KeyBank National Association
95
KeyBank National Association
Ohio
$1.32M +$127K +2,700 +11%
Nordea Investment Management
96
Nordea Investment Management
Sweden
$1.28M
ZIG
97
Zurich Insurance Group
Switzerland
$1.27M
MC
98
Menta Capital
California
$1.24M +$1.25M +26,484 New
Nisa Investment Advisors
99
Nisa Investment Advisors
Missouri
$1.2M
EHC
100
Everett Harris & Co
California
$1.2M +$7.31K +155 +0.6%

PAG Hedge Fund Activity: Q2 2018 in Review

240 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2018, worth a combined $1.7B — up 6.1% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new PAG positions and 31 closed out — a net gain of 8 holders — while 74 added to existing stakes and 84 trimmed.

The largest buyer was CI Investments Inc, opening a new position worth an estimated $42.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $30M sold.

  • 240 institutional investors held Penske Automotive Group (PAG) as of Q2 2018, up from 236 in Q1 2018.
  • Funds reported $1.7B of Penske Automotive Group stock for Q2 2018, up 6.1% quarter-over-quarter.
  • 39 funds opened new Penske Automotive Group positions in Q2 2018 and 31 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q2 2018 was CI Investments Inc, an estimated $42.6M added.
  • The largest Penske Automotive Group seller in Q2 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $30M sold.

Based on aggregated 13F filings for Q2 2018.