Penske Automotive Group
234 hedge funds and large institutions have $1.67B invested in Penske Automotive Group in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 62 increasing their positions, 98 reducing their positions, and 50 closing their positions.
631% more call options, than puts
Call options by funds: $8.33M | Put options by funds: $1.14M
1% more capital invested
Capital invested by funds: $1.66B → $1.67B (+$11.9M)
1.93% less ownership
Funds ownership: 44.17% → 42.24% (-1.9%)
10% less funds holding
Funds holding: 260 → 234 (-26)
37% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 98
40% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$6.92M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.46M |
| 4 |
BlackRock
New York
|
+$5.13M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$12.3M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$10.7M |
| 3 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
-$9.15M |
| 4 |
Two Sigma Investments
New York
|
-$8.72M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
-$7.69M |
PAG Hedge Fund Activity: Q2 2019 in Review
234 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2019, worth a combined $1.67B — up 0.72% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PAG and 30 opened new positions — a net loss of 20 holders — while 98 trimmed existing stakes and 62 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $13M. The largest seller was Victory Capital Management, cutting an estimated $12.3M.
- 234 institutional investors held Penske Automotive Group (PAG) as of Q2 2019, down from 260 in Q1 2019.
- Funds reported $1.67B of Penske Automotive Group stock for Q2 2019, up 0.72% quarter-over-quarter.
- 30 funds opened new Penske Automotive Group positions in Q2 2019 and 50 closed out, a net change of -20 holders.
- The largest Penske Automotive Group buyer in Q2 2019 was Dimensional Fund Advisors, an estimated $13M added.
- The largest Penske Automotive Group seller in Q2 2019 was Victory Capital Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2019.