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Penske Automotive Group

210 hedge funds and large institutions have $1.9B invested in Penske Automotive Group in 2014 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 67 increasing their positions, 64 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

292% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 13

61% more call options, than puts

Call options by funds: $3.01M | Put options by funds: $1.87M

21% more funds holding

Funds holding: 173210 (+37)

15% more capital invested

Capital invested by funds: $1.65B → $1.9B (+$253M)

5% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 64

0.05% more ownership

Funds ownership: 42.62%42.67% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
210
Holders Change
+37
Holders Change %
+21.39%
% of All Funds
6.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
51
Increased
67
Reduced
64
Closed
13
Calls
$3.01M
Puts
$1.87M
Net Calls
+$1.15M
Net Calls Change
+$260K
Name Holding Trade Value Shares
Change
Change in
Stake
GCP
126
GSA Capital Partners
United Kingdom
$974K +$660K +14,472 +278%
VOYA Investment Management
127
VOYA Investment Management
Georgia
$950K -$320K -7,011 -27%
Jacobs Levy Equity Management
128
Jacobs Levy Equity Management
New Jersey
$909K -$1.09M -23,917 -57%
Toronto Dominion Bank
129
Toronto Dominion Bank
Ontario, Canada
$882K -$33.8K -741 -4%
BIM
130
BlackRock Investment Management
Delaware
$881K -$5.47M -119,824 -87%
D.E. Shaw & Co
131
D.E. Shaw & Co
New York
$805K +$742K +16,271 New
MAA
132
Managed Account Advisors
New Jersey
$760K -$660K -14,473 -49%
HFS
133
HL Financial Services
Kentucky
$735K +$678K +14,849 New
NCM
134
Newland Capital Management
New York
$713K +$657K +14,400 New
Public Employees Retirement Association of Colorado
135
Public Employees Retirement Association of Colorado
Colorado
$680K +$63.8K +1,399 +11%
Two Sigma Advisers
136
Two Sigma Advisers
New York
$660K +$609K +13,341 New
LCM
137
Logan Capital Management
Pennsylvania
$640K +$156K +3,408 +36%
SAM
138
Shell Asset Management
Netherlands
$620K -$6.66K -146 -1%
SFP
139
Santa Fe Partners
New Mexico
$608K +$560K +12,284 New
AG
140
Algert Global
California
$603K +$556K +12,190 New
B
141
Barings
North Carolina
$584K
RIM
142
Ranger Investment Management
Texas
$551K +$6.39K +140 +1%
T. Rowe Price Associates
143
T. Rowe Price Associates
Maryland
$540K
BIM
144
BRC Investment Management
Colorado
$532K -$5.38K -118 -1%
FIM
145
Fruth Investment Management
Texas
$529K
IRF
146
IBM Retirement Fund
New York
$513K +$470K +10,298 New
TA
147
Teton Advisors
New York
$505K -$86.7K -1,900 -16%
Credit Agricole
148
Credit Agricole
France
$490K -$780K -17,100 -63%
DTL
149
Dynamic Technology Lab
Singapore
$472K +$89.7K +1,966 +26%
Loomis, Sayles & Company
150
Loomis, Sayles & Company
Massachusetts
$470K -$118K -2,595 -21%

PAG Hedge Fund Activity: Q2 2014 in Review

210 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2014, worth a combined $1.9B — up 15% from $1.65B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAG positions and 13 closed out — a net gain of 38 holders — while 67 added to existing stakes and 64 trimmed.

The largest buyer was Norges Bank, adding an estimated $20.3M. The largest seller was BlackRock Fund Advisors, cutting an estimated $34.8M.

  • 210 institutional investors held Penske Automotive Group (PAG) as of Q2 2014, up from 173 in Q1 2014.
  • Funds reported $1.9B of Penske Automotive Group stock for Q2 2014, up 15% quarter-over-quarter.
  • 51 funds opened new Penske Automotive Group positions in Q2 2014 and 13 closed out, a net change of +38 holders.
  • The largest Penske Automotive Group buyer in Q2 2014 was Norges Bank, an estimated $20.3M added.
  • The largest Penske Automotive Group seller in Q2 2014 was BlackRock Fund Advisors, an estimated $34.8M sold.

Based on aggregated 13F filings for Q2 2014.