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Penske Automotive Group

354 hedge funds and large institutions have $3.02B invested in Penske Automotive Group in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 110 increasing their positions, 126 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more call options, than puts

Call options by funds: $98M | Put options by funds: $31.6M

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

18% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 44

2% more funds holding

Funds holding: 348354 (+6)

0.09% more ownership

Funds ownership: 26.81%26.9% (+0.09%)

2% less capital invested

Capital invested by funds: $3.08B → $3.02B (-$51.9M)

13% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 126

Holders
354
Holders Change
+6
Holders Change %
+1.72%
% of All Funds
5.62%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
110
Reduced
126
Closed
44
Calls
$98M
Puts
$31.6M
Net Calls
+$66.4M
Net Calls Change
+$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
YCM
126
Yousif Capital Management
Michigan
$1.62M +$1.62M +9,682 New
Ensign Peak Advisors
127
Ensign Peak Advisors
Utah
$1.6M
RIM
128
Redwood Investment Management
Arizona
$1.59M -$66.2K -396 -4%
Susquehanna International Group
129
Susquehanna International Group
Pennsylvania
$1.52M -$115K -687 -7%
Treasurer of the State of North Carolina
130
Treasurer of the State of North Carolina
North Carolina
$1.47M +$6.69K +40 +0.5%
Prudential Financial
131
Prudential Financial
New Jersey
$1.45M -$5.02K -30 -0.3%
BA
132
Bluesphere Advisors
Pennsylvania
$1.44M +$1.67K +10 +0.1%
OSAM
133
O'Shaughnessy Asset Management
Connecticut
$1.43M -$3.18K -19 -0.2%
FIM
134
Fruth Investment Management
Texas
$1.34M
Stifel Financial
135
Stifel Financial
Missouri
$1.32M +$50K +299 +4%
Amundi
136
Amundi
France
$1.32M +$1.5M +8,974 New
TRSOTSOK
137
Teachers Retirement System of the State of Kentucky
Kentucky
$1.26M +$1.26M +7,526 New
CCA
138
Catalyst Capital Advisors
New York
$1.26M -$144K -862 -10%
New York State Teachers Retirement System (NYSTRS)
139
New York State Teachers Retirement System (NYSTRS)
New York
$1.17M +$788K +4,709 +205%
WG
140
Winton Group
United Kingdom
$1.14M +$507K +3,034 +80%
MWM
141
MorganRosel Wealth Management
Colorado
$1.11M -$4.85K -29 -0.4%
VI
142
Vestcor Inc
New Brunswick, Canada
$1.09M
CG
143
Colony Group
Massachusetts
$1.06M +$11K +66 +1%
OQS
144
Occudo Quantitative Strategies
Florida
$1.06M -$2.08M -12,460 -66%
LPL Financial
145
LPL Financial
California
$1.04M +$476K +2,847 +84%
Neuberger Berman Group
146
Neuberger Berman Group
New York
$1M +$319K +1,910 +47%
DAM
147
Diamant Asset Management
Connecticut
$988K
ASRS
148
Arizona State Retirement System
Arizona
$984K +$12.2K +73 +1%
MAM
149
Martingale Asset Management
Massachusetts
$979K -$2.12M -12,649 -68%
CPIG
150
Chicago Partners Investment Group
Illinois
$976K +$836 +5 +0.1%

PAG Hedge Fund Activity: Q3 2023 in Review

354 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2023, worth a combined $3.02B — down 1.7% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PAG positions and 44 closed out — a net gain of 8 holders — while 110 added to existing stakes and 126 trimmed.

The largest buyer was BlackRock, adding an estimated $144M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $49.5M sold.

  • 354 institutional investors held Penske Automotive Group (PAG) as of Q3 2023, up from 348 in Q2 2023.
  • Funds reported $3.02B of Penske Automotive Group stock for Q3 2023, down 1.7% quarter-over-quarter.
  • 52 funds opened new Penske Automotive Group positions in Q3 2023 and 44 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q3 2023 was BlackRock, an estimated $144M added.
  • The largest Penske Automotive Group seller in Q3 2023 was Arrowstreet Capital, an estimated $49.5M sold.

Based on aggregated 13F filings for Q3 2023.