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Penske Automotive Group

210 hedge funds and large institutions have $1.9B invested in Penske Automotive Group in 2014 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 67 increasing their positions, 64 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

292% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 13

61% more call options, than puts

Call options by funds: $3.01M | Put options by funds: $1.87M

21% more funds holding

Funds holding: 173210 (+37)

15% more capital invested

Capital invested by funds: $1.65B → $1.9B (+$253M)

5% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 64

0.05% more ownership

Funds ownership: 42.62%42.67% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
210
Holders Change
+37
Holders Change %
+21.39%
% of All Funds
6.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
51
Increased
67
Reduced
64
Closed
13
Calls
$3.01M
Puts
$1.87M
Net Calls
+$1.15M
Net Calls Change
+$260K
Name Holding Trade Value Shares
Change
Change in
Stake
Los Angeles Capital Management
151
Los Angeles Capital Management
California
$413K -$16K -350 -4%
CAS
152
CTC Alternative Strategies
Illinois
$398K +$367K +8,050 New
LPL Financial
153
LPL Financial
California
$367K +$338K +7,414 New
URS
154
Utah Retirement Systems
Utah
$361K +$333K +7,300 New
Asset Management One
155
Asset Management One
Japan
$359K +$173K +3,796 +106%
VKH
156
Virtu KCG Holdings
New York
$357K +$329K +7,216 New
GC
157
Guggenheim Capital
Illinois
$346K -$1.08M -23,724 -77%
Stifel Financial
158
Stifel Financial
Missouri
$327K +$302K +6,610 New
MAM
159
Martingale Asset Management
Massachusetts
$322K +$297K +6,500 New
AQR Capital Management
160
AQR Capital Management
Connecticut
$322K +$297K +6,515 New
CCMH
161
Cornerstone Capital Management Holdings
New York
$301K -$1.48M -32,400 -84%
Tudor Investment Corp
162
Tudor Investment Corp
Connecticut
$297K +$37.2K +816 +16%
FQ
163
First Quadrant
California
$292K
NFA
164
Nationwide Fund Advisors
Ohio
$291K -$1.71M -37,472 -86%
DADC
165
D.A. Davidson & Co
Montana
$281K +$4.56K +100 +2%
BlackRock
166
BlackRock
New York
$272K +$121K +2,648 +94%
PCM
167
Portolan Capital Management
Massachusetts
$259K
Prudential Financial
168
Prudential Financial
New Jersey
$254K -$287K -6,282 -55%
Fidelity Investments
169
Fidelity Investments
Massachusetts
$250K +$230K +5,045 New
CAN
170
Cetera Advisor Networks
California
$239K +$221K +4,837 New
BMCMI
171
Bryn Mawr Capital Management Inc
Pennsylvania
$234K +$216K +4,733 New
EMG
172
Ellington Management Group
Connecticut
$233K +$214K +4,700 New
JG
173
Jefferies Group
New York
$214K +$197K +4,323 New
PI
174
Placemark Investments
Illinois
$206K +$189K +4,133 New
CSS
175
Cubist Systematic Strategies
Connecticut
$204K +$188K +4,118 New

PAG Hedge Fund Activity: Q2 2014 in Review

210 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2014, worth a combined $1.9B — up 15% from $1.65B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAG positions and 13 closed out — a net gain of 38 holders — while 67 added to existing stakes and 64 trimmed.

The largest buyer was Norges Bank, adding an estimated $20.3M. The largest seller was BlackRock Fund Advisors, cutting an estimated $34.8M.

  • 210 institutional investors held Penske Automotive Group (PAG) as of Q2 2014, up from 173 in Q1 2014.
  • Funds reported $1.9B of Penske Automotive Group stock for Q2 2014, up 15% quarter-over-quarter.
  • 51 funds opened new Penske Automotive Group positions in Q2 2014 and 13 closed out, a net change of +38 holders.
  • The largest Penske Automotive Group buyer in Q2 2014 was Norges Bank, an estimated $20.3M added.
  • The largest Penske Automotive Group seller in Q2 2014 was BlackRock Fund Advisors, an estimated $34.8M sold.

Based on aggregated 13F filings for Q2 2014.