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Penske Automotive Group

217 hedge funds and large institutions have $1.49B invested in Penske Automotive Group in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $2.52M

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

0% more funds holding

Funds holding: 217217 (0)

0.04% less ownership

Funds ownership: 39.44%39.4% (-0.04%)

6% less capital invested

Capital invested by funds: $1.58B → $1.49B (-$87.7M)

11% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 79

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
217
Holders Change
Holders Change %
0%
% of All Funds
5.41%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
70
Reduced
79
Closed
28
Calls
$13.4M
Puts
$2.52M
Net Calls
+$10.9M
Net Calls Change
+$5.34M
Name Holding Trade Value Shares
Change
Change in
Stake
AB
151
Amalgamated Bank
New York
$283K +$41.3K +937 +17%
SGAM
152
Steinberg Global Asset Management
Florida
$277K
Wellington Management Group
153
Wellington Management Group
Massachusetts
$273K +$274K +6,222 New
LCM
154
Laurion Capital Management
New York
$264K -$176K -4,000 -40%
Principal Financial Group
155
Principal Financial Group
Iowa
$258K -$45.2K -1,026 -15%
Pacer Advisors
156
Pacer Advisors
Pennsylvania
$257K +$27.5K +624 +12%
ARTA
157
A.R.T. Advisors
New York
$254K +$256K +5,800 New
OAM
158
Occidental Asset Management
California
$248K +$3.57K +81 +1%
LTFS
159
Ladenburg Thalmann Financial Services
Florida
$245K +$47.2K +1,070 +23%
PCMC
160
Paragon Capital Management (Colorado)
Colorado
$233K +$234K +5,316 New
PAM
161
Panagora Asset Management
Massachusetts
$221K
BF
162
BOK Financial
Oklahoma
$220K
M&T Bank
163
M&T Bank
New York
$217K -$119K -2,710 -35%
CCB
164
Cutter & Co Brokerage
Missouri
$215K -$8.81K -200 -4%
FAAS
165
First Allied Advisory Services
California
$207K -$19.4K -440 -9%
OC
166
Oppenheimer & Co
New York
$206K +$207K +4,700 New
Envestnet Asset Management
167
Envestnet Asset Management
Illinois
$204K +$55.7K +1,263 +37%
IR
168
Invictus RG
Bermuda
$167K +$168K +3,814 New
Canada Life
169
Canada Life
Manitoba, Canada
$158K
PNC Financial Services Group
170
PNC Financial Services Group
Pennsylvania
$148K -$150K -3,403 -50%
GHCM
171
Glen Harbor Capital Management
California
$128K
PK
172
Pflug Koory
Nebraska
$127K +$2.2K +50 +2%
Bank of Montreal
173
Bank of Montreal
Ontario, Canada
$120K -$2.2K -50 -2%
Manulife (Manufacturers Life Insurance)
174
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$110K +$7.71K +175 +8%
MCIM
175
Meadow Creek Investment Management
Georgia
$106K

PAG Hedge Fund Activity: Q2 2017 in Review

217 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2017, worth a combined $1.49B — down 5.6% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PAG positions and 28 closed out — a net gain of 2 holders — while 70 added to existing stakes and 79 trimmed.

The largest buyer was London Company of Virginia, adding an estimated $23.6M. The largest seller was Capital Research Global Investors, cutting an estimated $20.8M.

  • 217 institutional investors held Penske Automotive Group (PAG) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $1.49B of Penske Automotive Group stock for Q2 2017, down 5.6% quarter-over-quarter.
  • 30 funds opened new Penske Automotive Group positions in Q2 2017 and 28 closed out, a net change of +2 holders.
  • The largest Penske Automotive Group buyer in Q2 2017 was London Company of Virginia, an estimated $23.6M added.
  • The largest Penske Automotive Group seller in Q2 2017 was Capital Research Global Investors, an estimated $20.8M sold.

Based on aggregated 13F filings for Q2 2017.