Penske Automotive Group
220 hedge funds and large institutions have $1.64B invested in Penske Automotive Group in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 75 increasing their positions, 84 reducing their positions, and 36 closing their positions.
499% more call options, than puts
Call options by funds: $4.96M | Put options by funds: $828K
0.09% more ownership
Funds ownership: 42.24% → 42.33% (+0.09%)
2% less capital invested
Capital invested by funds: $1.67B → $1.64B (-$28.7M)
6% less funds holding
Funds holding: 234 → 220 (-14)
11% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 84
39% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$14.4M |
| 2 |
Morgan Stanley
New York
|
+$6.76M |
| 3 |
PSP
Principal Street Partners
Memphis,
Tennessee
|
+$5.27M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.93M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$9.85M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$7.87M |
| 3 |
Goldman Sachs
New York
|
-$6.49M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$5.13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.85M |
PAG Hedge Fund Activity: Q3 2019 in Review
220 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2019, worth a combined $1.64B — down 1.7% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PAG and 22 opened new positions — a net loss of 14 holders — while 84 trimmed existing stakes and 75 added.
The largest buyer was Ceredex Value Advisors, adding an estimated $14.4M. The largest seller was BlackRock, cutting an estimated $9.85M.
- 220 institutional investors held Penske Automotive Group (PAG) as of Q3 2019, down from 234 in Q2 2019.
- Funds reported $1.64B of Penske Automotive Group stock for Q3 2019, down 1.7% quarter-over-quarter.
- 22 funds opened new Penske Automotive Group positions in Q3 2019 and 36 closed out, a net change of -14 holders.
- The largest Penske Automotive Group buyer in Q3 2019 was Ceredex Value Advisors, an estimated $14.4M added.
- The largest Penske Automotive Group seller in Q3 2019 was BlackRock, an estimated $9.85M sold.
Based on aggregated 13F filings for Q3 2019.