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Penske Automotive Group

365 hedge funds and large institutions have $2.85B invested in Penske Automotive Group in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 103 increasing their positions, 142 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

266% more call options, than puts

Call options by funds: $43.3M | Put options by funds: $11.8M

37% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 38

3% more funds holding

Funds holding: 354365 (+11)

0.51% less ownership

Funds ownership: 26.9%26.39% (-0.51%)

6% less capital invested

Capital invested by funds: $3.02B → $2.85B (-$178M)

27% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 142

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
365
Holders Change
+11
Holders Change %
+3.11%
% of All Funds
5.32%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.03%
New
52
Increased
103
Reduced
142
Closed
38
Calls
$43.3M
Puts
$11.8M
Net Calls
+$31.5M
Net Calls Change
-$34.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
126
Envestnet Asset Management
Illinois
$1.54M -$672K -4,387 -31%
PHK
127
Point72 Hong Kong
Hong Kong
$1.53M +$1.46M +9,525 New
Prudential Financial
128
Prudential Financial
New Jersey
$1.53M +$127K +829 +10%
JF
129
Jump Financial
Illinois
$1.5M +$1.43M +9,354 New
RIM
130
Redwood Investment Management
Arizona
$1.41M -$110K -719 -8%
ACM
131
Aquatic Capital Management
Illinois
$1.41M +$1.35M +8,800 New
Truist Financial
132
Truist Financial
North Carolina
$1.4M -$553K -3,609 -29%
Treasurer of the State of North Carolina
133
Treasurer of the State of North Carolina
North Carolina
$1.39M -$21.4K -140 -2%
BA
134
Bluesphere Advisors
Pennsylvania
$1.39M +$1.84K +12 +0.1%
Russell Investments Group
135
Russell Investments Group
United Kingdom
$1.33M -$352K -2,298 -22%
Comerica Bank
136
Comerica Bank
Texas
$1.3M -$1.72M -11,236 -58%
FIM
137
Fruth Investment Management
Texas
$1.28M
OSAM
138
O'Shaughnessy Asset Management
Connecticut
$1.26M -$109K -711 -8%
CCIA
139
Campbell & Co Investment Adviser
Maryland
$1.25M +$441K +2,881 +59%
SCM
140
Semanteon Capital Management
Massachusetts
$1.23M +$1.17M +7,659 New
TRSOTSOK
141
Teachers Retirement System of the State of Kentucky
Kentucky
$1.21M
LPL Financial
142
LPL Financial
California
$1.19M +$180K +1,175 +19%
New York State Teachers Retirement System (NYSTRS)
143
New York State Teachers Retirement System (NYSTRS)
New York
$1.16M +$30.6K +200 +3%
AIM
144
Aigen Investment Management
New York
$1.14M +$1.09M +7,095 New
CCA
145
Catalyst Capital Advisors
New York
$1.14M -$65.9K -430 -6%
AC
146
AXQ Capital
New Jersey
$1.14M +$567K +3,700 +109%
Teacher Retirement System of Texas
147
Teacher Retirement System of Texas
Texas
$1.13M -$2.94M -19,195 -73%
Stifel Financial
148
Stifel Financial
Missouri
$1.11M -$156K -1,018 -13%
OTPPB
149
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.07M +$748K +4,883 +271%
MWM
150
MorganRosel Wealth Management
Colorado
$1.04M -$25.9K -169 -3%

PAG Hedge Fund Activity: Q4 2023 in Review

365 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2023, worth a combined $2.85B — down 5.9% from $3.02B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PAG positions and 38 closed out — a net gain of 14 holders — while 103 added to existing stakes and 142 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $65.6M. The largest seller was Dimensional Fund Advisors, cutting an estimated $47.1M.

  • 365 institutional investors held Penske Automotive Group (PAG) as of Q4 2023, up from 354 in Q3 2023.
  • Funds reported $2.85B of Penske Automotive Group stock for Q4 2023, down 5.9% quarter-over-quarter.
  • 52 funds opened new Penske Automotive Group positions in Q4 2023 and 38 closed out, a net change of +14 holders.
  • The largest Penske Automotive Group buyer in Q4 2023 was Morgan Stanley, an estimated $65.6M added.
  • The largest Penske Automotive Group seller in Q4 2023 was Dimensional Fund Advisors, an estimated $47.1M sold.

Based on aggregated 13F filings for Q4 2023.