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Penske Automotive Group

250 hedge funds and large institutions have $2.35B invested in Penske Automotive Group in 2021 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 74 increasing their positions, 79 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 37

33% more capital invested

Capital invested by funds: $1.77B → $2.35B (+$575M)

5% more funds holding

Funds holding: 238250 (+12)

0.9% less ownership

Funds ownership: 37.16%36.25% (-0.9%)

6% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 79

28% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $28.9M

Holders
250
Holders Change
+12
Holders Change %
+5.04%
% of All Funds
4.39%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.07%
New
51
Increased
74
Reduced
79
Closed
37
Calls
$20.9M
Puts
$28.9M
Net Calls
-$7.97M
Net Calls Change
-$4.98M
Name Holding Trade Value Shares
Change
Change in
Stake
CB
151
Commerce Bank
Missouri
$368K
VOYA Investment Management
152
VOYA Investment Management
Georgia
$365K -$11.1K -158 -3%
PA
153
Pinnacle Associates
New York
$363K +$3.5K +50 +1%
AAM
154
Advisors Asset Management
Colorado
$352K -$99.6K -1,424 -25%
Assenagon Asset Management
155
Assenagon Asset Management
Luxembourg
$345K +$301K +4,305 New
SM
156
Sciencast Management
New Jersey
$343K +$299K +4,282 New
State of Wisconsin Investment Board
157
State of Wisconsin Investment Board
Wisconsin
$328K
DT
158
Diversified Trust
Tennessee
$323K +$282K +4,028 New
BHBT
159
Burke & Herbert Bank & Trust
Virginia
$321K
BOPW
160
Brandywine Oak Private Wealth
Pennsylvania
$317K +$490 +7 +0.2%
Canada Life
161
Canada Life
Manitoba, Canada
$314K +$8.53K +122 +3%
QT
162
Quantbot Technologies
New York
$311K +$272K +3,884 New
Zurich Cantonal Bank
163
Zurich Cantonal Bank
Switzerland
$298K
AB
164
Amalgamated Bank
New York
$297K -$18.3K -262 -7%
KAS
165
Kestra Advisory Services
Texas
$294K +$256K +3,664 New
Teacher Retirement System of Texas
166
Teacher Retirement System of Texas
Texas
$290K +$253K +3,612 New
Comerica Bank
167
Comerica Bank
Texas
$282K -$45.6K -652 -17%
VAM
168
Verity Asset Management
North Carolina
$273K +$238K +3,403 New
SFS
169
Sowell Financial Services
Arkansas
$271K -$58K -830 -22%
JCIA
170
Jackson Creek Investment Advisors
Colorado
$269K +$234K +3,350 New
MAM
171
Meeder Asset Management
Ohio
$262K +$225K +3,218 +7,484%
VF
172
Virtu Financial
New York
$250K +$218K +3,113 New
JMPWA
173
JP Morgan Private Wealth Advisors
California
$248K -$44.2K -632 -17%
SWM
174
Selective Wealth Management
Virginia
$245K -$41.9K -599 -16%
CIBC Asset Management
175
CIBC Asset Management
Ontario, Canada
$244K +$213K +3,043 New

PAG Hedge Fund Activity: Q1 2021 in Review

250 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2021, worth a combined $2.35B — up 33% from $1.77B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PAG positions and 37 closed out — a net gain of 14 holders — while 74 added to existing stakes and 79 trimmed.

The largest buyer was American Century Companies, adding an estimated $24.4M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $27.8M sold.

  • 250 institutional investors held Penske Automotive Group (PAG) as of Q1 2021, up from 238 in Q4 2020.
  • Funds reported $2.35B of Penske Automotive Group stock for Q1 2021, up 33% quarter-over-quarter.
  • 51 funds opened new Penske Automotive Group positions in Q1 2021 and 37 closed out, a net change of +14 holders.
  • The largest Penske Automotive Group buyer in Q1 2021 was American Century Companies, an estimated $24.4M added.
  • The largest Penske Automotive Group seller in Q1 2021 was Fiduciary Management Inc, an estimated $27.8M sold.

Based on aggregated 13F filings for Q1 2021.