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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
TC
101
TwinBeech Capital
New York
$1.75M +$1.74M +15,237 New
SO
102
STRS Ohio
Ohio
$1.74M +$32.5K +285 +2%
KCM
103
Kendall Capital Management
Maryland
$1.68M -$112K -980 -6%
Janus Henderson Group
104
Janus Henderson Group
United Kingdom
$1.58M -$1.75M -15,386 -53%
QCM
105
Quantinno Capital Management
New York
$1.58M +$1.27M +11,112 +426%
Susquehanna International Group
106
Susquehanna International Group
Pennsylvania
$1.52M -$2.01M -17,659 -57%
HSBC Holdings
107
HSBC Holdings
United Kingdom
$1.51M -$1.5M -13,159 -50%
PCM
108
Palisade Capital Management
New Jersey
$1.51M +$98K +859 +7%
MAM
109
Martingale Asset Management
Massachusetts
$1.5M -$266K -2,335 -15%
TCA
110
Transcend Capital Advisors
New Jersey
$1.49M +$570 +5 +0%
Teacher Retirement System of Texas
111
Teacher Retirement System of Texas
Texas
$1.47M -$7.75K -68 -0.5%
RIM
112
Redwood Investment Management
Arizona
$1.47M +$570 +5 +0%
BCM
113
Bridgeway Capital Management
Texas
$1.46M +$251K +2,200 +21%
AllianceBernstein
114
AllianceBernstein
Tennessee
$1.34M -$16.3K -143 -1%
Treasurer of the State of North Carolina
115
Treasurer of the State of North Carolina
North Carolina
$1.29M -$35.4K -310 -3%
Man Group
116
Man Group
United Kingdom
$1.28M +$682K +5,979 +116%
SP
117
Symmetry Partners
Connecticut
$1.18M
LTAS
118
Linden Thomas Advisory Services
North Carolina
$1.17M +$1.16M +10,210 New
Grantham, Mayo, Van Otterloo & Co (GMO)
119
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.16M -$3.4M -29,813 -75%
TC
120
Towle & Co
Colorado
$1.15M +$354K +3,100 +45%
LS
121
Livforsakringsbolaget Skandia
Sweden
$1.11M
Ensign Peak Advisors
122
Ensign Peak Advisors
Utah
$1.1M +$627K +5,500 +134%
Stifel Financial
123
Stifel Financial
Missouri
$1.09M -$78.9K -692 -7%
AB
124
Amalgamated Bank
New York
$1.03M +$457K +4,009 +81%
Prudential Financial
125
Prudential Financial
New Jersey
$1.02M -$15.8M -138,800 -94%

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.