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Penske Automotive Group

217 hedge funds and large institutions have $1.58B invested in Penske Automotive Group in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 73 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

238% more call options, than puts

Call options by funds: $7.93M | Put options by funds: $2.35M

17% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 29

3% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 73

1.35% less ownership

Funds ownership: 40.79%39.44% (-1.4%)

2% less funds holding

Funds holding: 221217 (-4)

12% less capital invested

Capital invested by funds: $1.8B → $1.58B (-$224M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
217
Holders Change
-4
Holders Change %
-1.81%
% of All Funds
5.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
34
Increased
75
Reduced
73
Closed
29
Calls
$7.93M
Puts
$2.35M
Net Calls
+$5.58M
Net Calls Change
-$2.03M
Name Holding Trade Value Shares
Change
Change in
Stake
TSS
151
Two Sigma Securities
New York
$304K +$117K +2,294 +55%
Voloridge Investment Management
152
Voloridge Investment Management
Florida
$297K -$2.32M -45,469 -88%
SGAM
153
Steinberg Global Asset Management
Florida
$295K +$322K +6,297 New
HSBC Holdings
154
HSBC Holdings
United Kingdom
$294K
AG
155
Advisor Group
Arizona
$287K +$221K +4,329 +241%
QT
156
Quantbot Technologies
New York
$277K +$200K +3,922 +195%
HIM
157
Hillsdale Investment Management
Ontario, Canada
$276K +$302K +5,900 New
OAM
158
Occidental Asset Management
California
$261K +$25.9K +507 +10%
AB
159
Amalgamated Bank
New York
$258K +$9.2K +180 +3%
CCM
160
Cadence Capital Management
Massachusetts
$255K -$73.1K -1,431 -21%
GCP
161
GSA Capital Partners
United Kingdom
$253K -$312K -6,102 -53%
SWP
162
Stratos Wealth Partners
Ohio
$251K -$20.6K -404 -7%
Pacer Advisors
163
Pacer Advisors
Pennsylvania
$245K +$48.3K +945 +22%
Citigroup
164
Citigroup
New York
$240K -$358K -7,003 -58%
FAAS
165
First Allied Advisory Services
California
$240K +$26.7K +522 +11%
CCB
166
Cutter & Co Brokerage
Missouri
$239K -$5.11K -100 -2%
PAM
167
Panagora Asset Management
Massachusetts
$236K
PG
168
PEAK6 Group
Illinois
$236K +$197K +3,860 +325%
BF
169
BOK Financial
Oklahoma
$234K
VKH
170
Virtu KCG Holdings
New York
$226K -$160K -3,140 -39%
SAM
171
Silvercrest Asset Management
New York
$222K
Grantham, Mayo, Van Otterloo & Co (GMO)
172
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$215K +$235K +4,600 New
LTFS
173
Ladenburg Thalmann Financial Services
Florida
$214K +$19.9K +389 +9%
Canada Life
174
Canada Life
Manitoba, Canada
$169K
Envestnet Asset Management
175
Envestnet Asset Management
Illinois
$158K -$45.1K -883 -21%

PAG Hedge Fund Activity: Q1 2017 in Review

217 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2017, worth a combined $1.58B — down 12% from $1.8B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PAG positions and 29 closed out — a net gain of 5 holders — while 75 added to existing stakes and 73 trimmed.

The largest buyer was BlackRock, adding an estimated $83.4M. The largest seller was Burgundy Asset Management, cutting an estimated $37.7M.

  • 217 institutional investors held Penske Automotive Group (PAG) as of Q1 2017, down from 221 in Q4 2016.
  • Funds reported $1.58B of Penske Automotive Group stock for Q1 2017, down 12% quarter-over-quarter.
  • 34 funds opened new Penske Automotive Group positions in Q1 2017 and 29 closed out, a net change of +5 holders.
  • The largest Penske Automotive Group buyer in Q1 2017 was BlackRock, an estimated $83.4M added.
  • The largest Penske Automotive Group seller in Q1 2017 was Burgundy Asset Management, an estimated $37.7M sold.

Based on aggregated 13F filings for Q1 2017.