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Penske Automotive Group

240 hedge funds and large institutions have $1.7B invested in Penske Automotive Group in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 84 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

239% more call options, than puts

Call options by funds: $14.2M | Put options by funds: $4.17M

26% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 31

6% more capital invested

Capital invested by funds: $1.6B → $1.7B (+$97.5M)

2% more funds holding

Funds holding: 236240 (+4)

0.72% more ownership

Funds ownership: 41.92%42.64% (+0.72%)

12% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 84

Holders
240
Holders Change
+4
Holders Change %
+1.69%
% of All Funds
5.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
39
Increased
74
Reduced
84
Closed
31
Calls
$14.2M
Puts
$4.17M
Net Calls
+$9.99M
Net Calls Change
+$5.99M
Name Holding Trade Value Shares
Change
Change in
Stake
TI
151
Trexquant Investment
Connecticut
$330K +$332K +7,038 New
State of Wisconsin Investment Board
152
State of Wisconsin Investment Board
Wisconsin
$325K -$9.95K -211 -3%
PCMC
153
Paragon Capital Management (Colorado)
Colorado
$320K +$27.4K +581 +9%
AB
154
Amalgamated Bank
New York
$315K -$1.84K -39 -0.6%
Baird Financial Group
155
Baird Financial Group
Wisconsin
$314K +$316K +6,700 New
Canada Pension Plan Investment Board
156
Canada Pension Plan Investment Board
Ontario, Canada
$309K -$89.6K -1,900 -22%
URS
157
Utah Retirement Systems
Utah
$309K
BIM
158
Baldwin Investment Management
Pennsylvania
$309K +$311K +6,600 New
OAM
159
Occidental Asset Management
California
$304K +$12.4K +263 +4%
Fifth Third Bancorp
160
Fifth Third Bancorp
Ohio
$298K -$120K -2,537 -29%
SGAM
161
Steinberg Global Asset Management
Florida
$295K
PA
162
Pinnacle Associates
New York
$293K +$14.1K +300 +5%
TSW
163
Thompson Siegel & Walmsley
Virginia
$281K +$47.2K +1,000 +20%
OC
164
Oppenheimer & Co
New York
$276K +$11.6K +246 +4%
USAA
165
United Services Automobile Association
Texas
$270K -$6.46M -137,000 -96%
OAM
166
Oberweis Asset Management
Illinois
$259K
DCM
167
Donaldson Capital Management
Indiana
$258K -$16.5K -350 -6%
IRC
168
Investors Research Corp
Georgia
$251K
PAM
169
Panagora Asset Management
Massachusetts
$236K
Principal Financial Group
170
Principal Financial Group
Iowa
$234K -$21K -445 -8%
Commonwealth Equity Services
171
Commonwealth Equity Services
Massachusetts
$228K -$4.29K -91 -2%
BC
172
Burney Company
Virginia
$225K
Janus Henderson Group
173
Janus Henderson Group
United Kingdom
$215K +$216K +4,584 New
JMPWA
174
JP Morgan Private Wealth Advisors
California
$214K -$47.3K -1,003 -18%
AG
175
Advisor Group
Arizona
$212K +$22.4K +476 +12%

PAG Hedge Fund Activity: Q2 2018 in Review

240 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2018, worth a combined $1.7B — up 6.1% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new PAG positions and 31 closed out — a net gain of 8 holders — while 74 added to existing stakes and 84 trimmed.

The largest buyer was CI Investments Inc, opening a new position worth an estimated $42.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $30M sold.

  • 240 institutional investors held Penske Automotive Group (PAG) as of Q2 2018, up from 236 in Q1 2018.
  • Funds reported $1.7B of Penske Automotive Group stock for Q2 2018, up 6.1% quarter-over-quarter.
  • 39 funds opened new Penske Automotive Group positions in Q2 2018 and 31 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q2 2018 was CI Investments Inc, an estimated $42.6M added.
  • The largest Penske Automotive Group seller in Q2 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $30M sold.

Based on aggregated 13F filings for Q2 2018.