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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
MCM
101
Mork Capital Management
California
$1.35M -$189K -2,700 -14%
Acadian Asset Management
102
Acadian Asset Management
Massachusetts
$1.35M +$271K +3,871 +30%
Wealth Enhancement Advisory Services
103
Wealth Enhancement Advisory Services
Minnesota
$1.34M +$15.9K +227 +1%
ACM
104
AlphaCrest Capital Management
New York
$1.32M +$894K +12,787 +345%
Qube Research & Technologies (QRT)
105
Qube Research & Technologies (QRT)
United Kingdom
$1.31M -$249K -3,554 -18%
ACI
106
AMP Capital Investors
Australia
$1.27M +$295K +4,216 +36%
DZ Bank
107
DZ Bank
Germany
$1.19M
AllianceBernstein
108
AllianceBernstein
Tennessee
$1.16M +$14.3K +204 +1%
Mercer Global Advisors
109
Mercer Global Advisors
Colorado
$1.12M +$973K +13,913 New
TCA
110
Transcend Capital Advisors
New Jersey
$1.04M +$904K +12,932 New
SG Americas Securities
111
SG Americas Securities
New York
$1.03M -$673K -9,620 -43%
RJA
112
Raymond James & Associates
Florida
$1.02M +$381K +5,454 +75%
Susquehanna International Group
113
Susquehanna International Group
Pennsylvania
$986K -$638K -9,125 -43%
Treasurer of the State of North Carolina
114
Treasurer of the State of North Carolina
North Carolina
$936K -$2.1K -30 -0.3%
Ameriprise
115
Ameriprise
Minnesota
$905K -$117K -1,673 -13%
Stifel Financial
116
Stifel Financial
Missouri
$889K +$17.7K +253 +2%
Janney Montgomery Scott
117
Janney Montgomery Scott
Pennsylvania
$877K +$21.6K +309 +3%
KeyBank National Association
118
KeyBank National Association
Ohio
$863K -$293K -4,195 -28%
WG
119
Winton Group
United Kingdom
$845K -$178K -2,550 -19%
PNC Financial Services Group
120
PNC Financial Services Group
Pennsylvania
$837K -$31K -443 -4%
PP
121
Paloma Partners
Connecticut
$817K +$712K +10,183 New
CI Investments Inc
122
CI Investments Inc
Ontario, Canada
$807K -$39.4K -563 -5%
FHB
123
First Hawaiian Bank
Hawaii
$771K
ASRS
124
Arizona State Retirement System
Arizona
$751K +$2.45K +35 +0.4%
T. Rowe Price Associates
125
T. Rowe Price Associates
Maryland
$751K +$283K +4,052 +76%

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.