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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
AM
76
AGF Management
Ontario, Canada
$3.13M +$3.11M +27,236 New
PI
77
Putnam Investments
Massachusetts
$3.12M -$623K -5,461 -17%
LCM
78
Logan Capital Management
Pennsylvania
$3.09M -$201K -1,759 -6%
CS
79
Credit Suisse
Switzerland
$2.96M +$39.7K +348 +1%
PRS
80
Pinkerton Retirement Specialists
Idaho
$2.92M -$1.17M -10,254 -29%
SC
81
Shellback Capital
Massachusetts
$2.87M -$2.28M -20,005 -44%
Nisa Investment Advisors
82
Nisa Investment Advisors
Missouri
$2.79M +$14.1K +124 +0.5%
Two Sigma Advisers
83
Two Sigma Advisers
New York
$2.63M +$2.25M +19,700 +616%
Bessemer Group
84
Bessemer Group
New Jersey
$2.54M +$77.5K +680 +3%
APF
85
Alaska Permanent Fund
Alaska
$2.48M
Wells Fargo
86
Wells Fargo
California
$2.44M -$719K -6,301 -23%
AIMCA
87
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$2.28M
Truist Financial
88
Truist Financial
North Carolina
$2.27M +$52.7K +462 +2%
ACL
89
Applied Capital LLC
Florida
$2.16M +$2.14M +18,794 New
State of New Jersey Common Pension Fund D
90
State of New Jersey Common Pension Fund D
New Jersey
$2.14M -$135K -1,181 -6%
ECM
91
ExodusPoint Capital Management
New York
$2.08M +$31.9K +280 +2%
RJA
92
Raymond James & Associates
Florida
$2.07M -$1.77M -15,559 -46%
Osaic Holdings
93
Osaic Holdings
Arizona
$2.05M +$131K +1,147 +7%
Envestnet Asset Management
94
Envestnet Asset Management
Illinois
$2M -$432K -3,788 -18%
Connor, Clark & Lunn Investment Management (CC&L)
95
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.99M +$1.97M +17,282 New
Ameriprise
96
Ameriprise
Minnesota
$1.9M -$122K -1,072 -6%
PGIM
97
Pacific Global Investment Management
California
$1.83M -$18.8K -165 -1%
JF
98
Jump Financial
Illinois
$1.82M +$1.81M +15,847 New
QT
99
Quantbot Technologies
New York
$1.82M +$1.22M +10,695 +208%
Ohio Public Employees Retirement System (OPERS)
100
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.79M -$131K -1,153 -7%

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.