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Penske Automotive Group

187 hedge funds and large institutions have $961M invested in Penske Automotive Group in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

582% more call options, than puts

Call options by funds: $3.44M | Put options by funds: $504K

2.08% more ownership

Funds ownership: 40.1%42.19% (+2.1%)

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

23% less funds holding

Funds holding: 243187 (-56)

42% less capital invested

Capital invested by funds: $1.65B → $961M (-$692M)

74% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 69

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
-56
Holders Change %
-23.05%
% of All Funds
4.12%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
65
Reduced
63
Closed
69
Calls
$3.44M
Puts
$504K
Net Calls
+$2.93M
Net Calls Change
+$898K
Name Holding Trade Value Shares
Change
Change in
Stake
AB
126
Amalgamated Bank
New York
$205K -$6.92K -159 -2%
Osaic Holdings
127
Osaic Holdings
Arizona
$200K +$308K +7,084 New
Ensign Peak Advisors
128
Ensign Peak Advisors
Utah
$185K +$287K +6,600 New
Public Employees Retirement Association of Colorado
129
Public Employees Retirement Association of Colorado
Colorado
$165K
PAM
130
Panagora Asset Management
Massachusetts
$141K
AAM
131
Advisors Asset Management
Colorado
$125K +$120K +2,763 +162%
IA
132
IFP Advisors
Florida
$109K -$58.3K -1,340 -26%
PNC Financial Services Group
133
PNC Financial Services Group
Pennsylvania
$106K +$5.44K +125 +3%
SFS
134
Sowell Financial Services
Arkansas
$99K -$26.7K -613 -15%
FDCDDQ
135
Federation des caisses Desjardins du Quebec
Quebec, Canada
$89.2K +$65.8K +1,511 +90%
Zurich Cantonal Bank
136
Zurich Cantonal Bank
Switzerland
$86K +$39.8K +915 +42%
Canada Life
137
Canada Life
Manitoba, Canada
$79K +$5.48K +126 +5%
ClearBridge Investments
138
ClearBridge Investments
New York
$64K
GT
139
Glenmede Trust
Pennsylvania
$55K
SIAS
140
Shine Investment Advisory Services
Colorado
$48K
PK
141
Pflug Koory
Nebraska
$44K
BNP Paribas Financial Markets
142
BNP Paribas Financial Markets
France
$44K -$31.6K -726 -32%
US Bancorp
143
US Bancorp
Minnesota
$34K +$15.2K +350 +41%
MLICM
144
Metropolitan Life Insurance Company (MetLife)
New York
$22.9K
FMT
145
First Mercantile Trust
Tennessee
$20K +$3.39K +78 +12%
JCM
146
Jacobi Capital Management
Pennsylvania
$19K +$261 +6 +0.9%
PCG
147
Private Capital Group
Connecticut
$18K
TRCT
148
Tower Research Capital (TRC)
New York
$18K +$11.3K +260 +67%
NICM
149
Neo Ivy Capital Management
New York
$18K +$28.7K +659 New
PA
150
Parallel Advisors
California
$17K +$13.5K +310 +100%

PAG Hedge Fund Activity: Q1 2020 in Review

187 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2020, worth a combined $961M — down 42% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of PAG and 18 opened new positions — a net loss of 51 holders — while 63 trimmed existing stakes and 65 added.

The largest buyer was Victory Capital Management, adding an estimated $102M. The largest seller was BlackRock, cutting an estimated $18.8M.

  • 187 institutional investors held Penske Automotive Group (PAG) as of Q1 2020, down from 243 in Q4 2019.
  • Funds reported $961M of Penske Automotive Group stock for Q1 2020, down 42% quarter-over-quarter.
  • 18 funds opened new Penske Automotive Group positions in Q1 2020 and 69 closed out, a net change of -51 holders.
  • The largest Penske Automotive Group buyer in Q1 2020 was Victory Capital Management, an estimated $102M added.
  • The largest Penske Automotive Group seller in Q1 2020 was BlackRock, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2020.