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Penske Automotive Group

325 hedge funds and large institutions have $2.07B invested in Penske Automotive Group in 2022 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 81 increasing their positions, 136 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 38

2% more funds holding

Funds holding: 318325 (+7)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.16% less ownership

Funds ownership: 31.74%29.58% (-2.2%)

11% less capital invested

Capital invested by funds: $2.32B → $2.07B (-$253M)

16% less call options, than puts

Call options by funds: $22.8M | Put options by funds: $27.1M

40% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 136

Holders
325
Holders Change
+7
Holders Change %
+2.2%
% of All Funds
5.22%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
53
Increased
81
Reduced
136
Closed
38
Calls
$22.8M
Puts
$27.1M
Net Calls
-$4.29M
Net Calls Change
+$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Handelsbanken Fonder
151
Handelsbanken Fonder
Sweden
$680K
DAM
152
Diamant Asset Management
Connecticut
$680K
GT
153
Glenmede Trust
Pennsylvania
$660K -$10.7K -94 -2%
Cambridge Investment Research Advisors
154
Cambridge Investment Research Advisors
Iowa
$650K -$308K -2,705 -32%
HWM
155
HB Wealth Management
Georgia
$639K -$1.82K -16 -0.3%
Citigroup
156
Citigroup
New York
$633K -$183K -1,602 -23%
IRC
157
Investors Research Corp
Georgia
$632K
HSA
158
Hussman Strategic Advisors
Maryland
$598K -$593K -5,200 -50%
MWPCG
159
Measured Wealth Private Client Group
New Hampshire
$567K +$912 +8 +0.2%
Creative Planning
160
Creative Planning
Kansas
$566K +$255K +2,240 +83%
Mitsubishi UFJ Trust & Banking
161
Mitsubishi UFJ Trust & Banking
Japan
$554K -$209K -1,832 -28%
FIM
162
Freedom Investment Management
Connecticut
$542K -$21K -184 -4%
BA
163
Bridgewater Associates
Connecticut
$534K -$477K -4,180 -47%
MM
164
MQS Management
New York
$528K +$209K +1,833 +66%
Rockefeller Capital Management
165
Rockefeller Capital Management
New York
$528K -$58.8K -516 -10%
Neuberger Berman Group
166
Neuberger Berman Group
New York
$515K -$429K -3,765 -46%
VI
167
Vestcor Inc
New Brunswick, Canada
$489K
NICM
168
Neo Ivy Capital Management
New York
$482K +$427K +3,745 +834%
PNC Financial Services Group
169
PNC Financial Services Group
Pennsylvania
$469K -$69.6K -610 -13%
PMEF
170
Point72 Middle East FZE
United Arab Emirates
$463K +$459K +4,029 New
BHBT
171
Burke & Herbert Bank & Trust
Virginia
$460K
M&T Bank
172
M&T Bank
New York
$456K +$452K +3,963 New
Zurich Cantonal Bank
173
Zurich Cantonal Bank
Switzerland
$447K -$59K -517 -12%
EF
174
Empirical Finance
Pennsylvania
$446K +$3.08K +27 +0.7%
BCM
175
Brookstone Capital Management
Illinois
$439K -$277K -2,425 -39%

PAG Hedge Fund Activity: Q4 2022 in Review

325 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2022, worth a combined $2.07B — down 11% from $2.32B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new PAG positions and 38 closed out — a net gain of 15 holders — while 81 added to existing stakes and 136 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $30.9M. The largest seller was American Century Companies, cutting an estimated $62.2M.

  • 325 institutional investors held Penske Automotive Group (PAG) as of Q4 2022, up from 318 in Q3 2022.
  • Funds reported $2.07B of Penske Automotive Group stock for Q4 2022, down 11% quarter-over-quarter.
  • 53 funds opened new Penske Automotive Group positions in Q4 2022 and 38 closed out, a net change of +15 holders.
  • The largest Penske Automotive Group buyer in Q4 2022 was D.E. Shaw & Co, an estimated $30.9M added.
  • The largest Penske Automotive Group seller in Q4 2022 was American Century Companies, an estimated $62.2M sold.

Based on aggregated 13F filings for Q4 2022.