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Penske Automotive Group

250 hedge funds and large institutions have $2.35B invested in Penske Automotive Group in 2021 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 74 increasing their positions, 79 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 37

33% more capital invested

Capital invested by funds: $1.77B → $2.35B (+$575M)

5% more funds holding

Funds holding: 238250 (+12)

0.9% less ownership

Funds ownership: 37.16%36.25% (-0.9%)

6% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 79

28% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $28.9M

Holders
250
Holders Change
+12
Holders Change %
+5.04%
% of All Funds
4.39%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.07%
New
51
Increased
74
Reduced
79
Closed
37
Calls
$20.9M
Puts
$28.9M
Net Calls
-$7.97M
Net Calls Change
-$4.98M
Name Holding Trade Value Shares
Change
Change in
Stake
State of New Jersey Common Pension Fund D
76
State of New Jersey Common Pension Fund D
New Jersey
$2.92M -$123K -1,755 -5%
State Board of Administration of Florida Retirement System
77
State Board of Administration of Florida Retirement System
Florida
$2.76M
RhumbLine Advisers
78
RhumbLine Advisers
Massachusetts
$2.72M -$3.16M -45,181 -57%
AIMCA
79
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$2.6M
CIM
80
Cambria Investment Management
California
$2.59M +$2.26M +32,277 New
WANY
81
Wealthspire Advisors (New York)
New York
$2.57M
DCM
82
Dupont Capital Management
Delaware
$2.46M +$1.4M +20,047 +189%
EI
83
EAM Investors
California
$2.43M +$2.12M +30,336 New
Macquarie Group
84
Macquarie Group
Australia
$2.34M +$607K +8,682 +42%
Principal Financial Group
85
Principal Financial Group
Iowa
$2.3M +$153K +2,187 +8%
LCM
86
Logan Capital Management
Pennsylvania
$2.27M +$91.6K +1,310 +5%
CSS
87
Cubist Systematic Strategies
Connecticut
$2.18M +$268K +3,835 +16%
PGIM
88
Pacific Global Investment Management
California
$2M -$153K -2,181 -8%
Royal Bank of Canada
89
Royal Bank of Canada
Ontario, Canada
$1.94M +$1.26M +17,955 +289%
TRCT
90
Tower Research Capital (TRC)
New York
$1.82M +$662K +9,472 +71%
HighTower Advisors
91
HighTower Advisors
Illinois
$1.78M +$1.05M +15,019 +210%
Mitsubishi UFJ Trust & Banking
92
Mitsubishi UFJ Trust & Banking
Japan
$1.75M -$292K -4,173 -12%
SO
93
STRS Ohio
Ohio
$1.74M -$334K -4,775 -18%
Barclays
94
Barclays
United Kingdom
$1.68M +$541K +7,735 +59%
PI
95
PEAK6 Investments
Illinois
$1.64M -$3.91M -55,843 -73%
IMRF
96
Illinois Municipal Retirement Fund
Illinois
$1.5M
BF
97
BOK Financial
Oklahoma
$1.5M +$75.5K +1,079 +6%
Truist Financial
98
Truist Financial
North Carolina
$1.48M +$1.29M +18,381 New
BA
99
Bluesphere Advisors
Pennsylvania
$1.43M +$532K +7,607 +75%
Ohio Public Employees Retirement System (OPERS)
100
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.36M +$88.5K +1,265 +8%

PAG Hedge Fund Activity: Q1 2021 in Review

250 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2021, worth a combined $2.35B — up 33% from $1.77B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAG positions and 37 closed out — a net gain of 14 holders — while 74 added to existing stakes and 79 trimmed.

The largest buyer was American Century Companies, adding an estimated $24.4M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $27.8M sold.

  • 250 institutional investors held Penske Automotive Group (PAG) as of Q1 2021, up from 238 in Q4 2020.
  • Funds reported $2.35B of Penske Automotive Group stock for Q1 2021, up 33% quarter-over-quarter.
  • 51 funds opened new Penske Automotive Group positions in Q1 2021 and 37 closed out, a net change of +14 holders.
  • The largest Penske Automotive Group buyer in Q1 2021 was American Century Companies, an estimated $24.4M added.
  • The largest Penske Automotive Group seller in Q1 2021 was Fiduciary Management Inc, an estimated $27.8M sold.

Based on aggregated 13F filings for Q1 2021.