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Penske Automotive Group

187 hedge funds and large institutions have $961M invested in Penske Automotive Group in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

582% more call options, than puts

Call options by funds: $3.44M | Put options by funds: $504K

2.08% more ownership

Funds ownership: 40.1%42.19% (+2.1%)

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

23% less funds holding

Funds holding: 243187 (-56)

42% less capital invested

Capital invested by funds: $1.65B → $961M (-$692M)

74% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 69

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
-56
Holders Change %
-23.05%
% of All Funds
4.12%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
65
Reduced
63
Closed
69
Calls
$3.44M
Puts
$504K
Net Calls
+$2.93M
Net Calls Change
+$898K
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
101
Northwestern Mutual Wealth Management
Wisconsin
$429K +$98K +2,253 +17%
HSBC Holdings
102
HSBC Holdings
United Kingdom
$427K -$456K -10,478 -41%
SSA
103
Schonfeld Strategic Advisors
New York
$414K +$643K +14,779 New
YMRC
104
Yorktown Management & Research Company
Virginia
$412K -$91.4K -2,100 -13%
HKAM
105
Horizon Kinetics Asset Management
New York
$403K +$57.6K +1,324 +10%
JP Morgan Chase
106
JP Morgan Chase
New York
$390K +$75.1K +1,725 +14%
Treasurer of the State of North Carolina
107
Treasurer of the State of North Carolina
North Carolina
$390K +$252K +5,790 +71%
AllianceBernstein
108
AllianceBernstein
Tennessee
$386K -$144K -3,300 -19%
Ohio Public Employees Retirement System (OPERS)
109
Ohio Public Employees Retirement System (OPERS)
Ohio
$380K +$87.2K +2,004 +17%
Franklin Resources
110
Franklin Resources
California
$348K +$73.7K +1,693 +16%
ACM
111
AlphaCrest Capital Management
New York
$343K -$996K -22,889 -65%
ACI
112
AMP Capital Investors
Australia
$331K
Stifel Financial
113
Stifel Financial
Missouri
$322K -$64.4K -1,479 -11%
DCM
114
Dean Capital Management
Kansas
$304K -$497K -11,425 -51%
T. Rowe Price Associates
115
T. Rowe Price Associates
Maryland
$292K +$11.8K +271 +3%
Allianz Asset Management
116
Allianz Asset Management
Germany
$269K -$26.5K -608 -6%
AW
117
Alpha Windward
Massachusetts
$267K -$10.4K -240 -2%
AG
118
Algert Global
California
$260K -$1.12M -25,643 -73%
RCA
119
Rowland Carmichael Advisors
Arizona
$260K
RJA
120
Raymond James & Associates
Florida
$253K +$80.4K +1,847 +26%
FIM
121
Fruth Investment Management
Texas
$246K
ASRS
122
Arizona State Retirement System
Arizona
$240K +$373K +8,564 New
AIM
123
Aigen Investment Management
New York
$238K +$369K +8,490 New
XK
124
Xact Kapitalforvaltning
Sweden
$227K
SRAM
125
Stone Ridge Asset Management
New York
$208K +$87K +2,000 +37%

PAG Hedge Fund Activity: Q1 2020 in Review

187 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2020, worth a combined $961M — down 42% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of PAG and 18 opened new positions — a net loss of 51 holders — while 63 trimmed existing stakes and 65 added.

The largest buyer was Victory Capital Management, adding an estimated $102M. The largest seller was BlackRock, cutting an estimated $18.8M.

  • 187 institutional investors held Penske Automotive Group (PAG) as of Q1 2020, down from 243 in Q4 2019.
  • Funds reported $961M of Penske Automotive Group stock for Q1 2020, down 42% quarter-over-quarter.
  • 18 funds opened new Penske Automotive Group positions in Q1 2020 and 69 closed out, a net change of -51 holders.
  • The largest Penske Automotive Group buyer in Q1 2020 was Victory Capital Management, an estimated $102M added.
  • The largest Penske Automotive Group seller in Q1 2020 was BlackRock, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2020.