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Penske Automotive Group

354 hedge funds and large institutions have $3.02B invested in Penske Automotive Group in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 110 increasing their positions, 126 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more call options, than puts

Call options by funds: $98M | Put options by funds: $31.6M

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

18% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 44

2% more funds holding

Funds holding: 348354 (+6)

0.09% more ownership

Funds ownership: 26.81%26.9% (+0.09%)

2% less capital invested

Capital invested by funds: $3.08B → $3.02B (-$51.9M)

13% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 126

Holders
354
Holders Change
+6
Holders Change %
+1.72%
% of All Funds
5.62%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
110
Reduced
126
Closed
44
Calls
$98M
Puts
$31.6M
Net Calls
+$66.4M
Net Calls Change
+$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
76
London Company of Virginia
Virginia
$3.77M +$513K +3,068 +16%
PRS
77
Pinkerton Retirement Specialists
Idaho
$3.76M -$107K -639 -3%
Nisa Investment Advisors
78
Nisa Investment Advisors
Missouri
$3.68M +$836 +5 +0%
Deutsche Bank
79
Deutsche Bank
Germany
$3.62M -$1.53M -9,162 -30%
AAM
80
Advisors Asset Management
Colorado
$3.6M -$1.43M -8,559 -28%
CS
81
Credit Suisse
Switzerland
$3.5M -$316K -1,892 -8%
LCM
82
Logan Capital Management
Pennsylvania
$3.5M -$417K -2,492 -11%
Canada Life
83
Canada Life
Manitoba, Canada
$3.38M +$1.9M +11,349 +128%
AIMCA
84
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$3.31M
Comerica Bank
85
Comerica Bank
Texas
$3.23M +$3.24M +19,350 New
AM
86
AGF Management
Ontario, Canada
$3.14M -$941K -5,627 -23%
ACL
87
Applied Capital LLC
Florida
$3.05M
BNP Paribas Financial Markets
88
BNP Paribas Financial Markets
France
$3.03M -$1.54M -9,213 -34%
Manulife (Manufacturers Life Insurance)
89
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.01M +$2.73M +16,295 +948%
New York State Common Retirement Fund
90
New York State Common Retirement Fund
New York
$2.93M -$433K -2,587 -13%
Corient Private Wealth
91
Corient Private Wealth
Florida
$2.82M -$15.9K -95 -0.6%
TPSF
92
Texas Permanent School Fund
Texas
$2.77M +$2.77M +16,573 New
QCM
93
Quantinno Capital Management
New York
$2.77M +$407K +2,434 +17%
MCM
94
Monument Capital Management
Virginia
$2.68M +$26.4K +158 +1%
BA
95
Bridgewater Associates
Connecticut
$2.63M +$1.46M +8,713 +124%
HighTower Advisors
96
HighTower Advisors
Illinois
$2.62M +$1.47M +8,792 +128%
APF
97
Alaska Permanent Fund
Alaska
$2.61M
NP
98
Nilsine Partners
Colorado
$2.57M -$53.9K -322 -2%
AB
99
Amalgamated Bank
New York
$2.54M +$2.04M +12,182 +404%
State of New Jersey Common Pension Fund D
100
State of New Jersey Common Pension Fund D
New Jersey
$2.52M -$378K -2,260 -13%

PAG Hedge Fund Activity: Q3 2023 in Review

354 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2023, worth a combined $3.02B — down 1.7% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PAG positions and 44 closed out — a net gain of 8 holders — while 110 added to existing stakes and 126 trimmed.

The largest buyer was BlackRock, adding an estimated $144M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $49.5M sold.

  • 354 institutional investors held Penske Automotive Group (PAG) as of Q3 2023, up from 348 in Q2 2023.
  • Funds reported $3.02B of Penske Automotive Group stock for Q3 2023, down 1.7% quarter-over-quarter.
  • 52 funds opened new Penske Automotive Group positions in Q3 2023 and 44 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q3 2023 was BlackRock, an estimated $144M added.
  • The largest Penske Automotive Group seller in Q3 2023 was Arrowstreet Capital, an estimated $49.5M sold.

Based on aggregated 13F filings for Q3 2023.