Penske Automotive Group
209 hedge funds and large institutions have $1.95B invested in Penske Automotive Group in 2015 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more call options, than puts
Call options by funds: $4.01M | Put options by funds: $2.22M
19% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 31
2% more funds holding
Funds holding: 204 → 209 (+5)
1.22% more ownership
Funds ownership: 41.62% → 42.84% (+1.2%)
0% more capital invested
Capital invested by funds: $1.95B → $1.95B (+$5.84M)
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$29.3M |
| 2 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
+$23.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.9M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$19.4M |
| 5 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$36.8M |
| 2 |
TA
Teachers Advisors
New York
|
-$10.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.72M |
| 4 |
FAM
Fred Alger Management
New York
|
-$9.29M |
| 5 |
Morgan Stanley
New York
|
-$8.4M |
PAG Hedge Fund Activity: Q2 2015 in Review
209 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2015, worth a combined $1.95B — up 0.3% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PAG positions and 31 closed out — a net gain of 6 holders — while 68 added to existing stakes and 73 trimmed.
The largest buyer was Todd Asset Management, opening a new position worth an estimated $29.3M. The largest seller was BlackRock Institutional Trust, cutting an estimated $36.8M.
- 209 institutional investors held Penske Automotive Group (PAG) as of Q2 2015, up from 204 in Q1 2015.
- Funds reported $1.95B of Penske Automotive Group stock for Q2 2015, up 0.3% quarter-over-quarter.
- 37 funds opened new Penske Automotive Group positions in Q2 2015 and 31 closed out, a net change of +6 holders.
- The largest Penske Automotive Group buyer in Q2 2015 was Todd Asset Management, an estimated $29.3M added.
- The largest Penske Automotive Group seller in Q2 2015 was BlackRock Institutional Trust, an estimated $36.8M sold.
Based on aggregated 13F filings for Q2 2015.