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Penske Automotive Group

354 hedge funds and large institutions have $3.02B invested in Penske Automotive Group in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 110 increasing their positions, 126 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more call options, than puts

Call options by funds: $98M | Put options by funds: $31.6M

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

18% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 44

2% more funds holding

Funds holding: 348354 (+6)

0.09% more ownership

Funds ownership: 26.81%26.9% (+0.09%)

2% less capital invested

Capital invested by funds: $3.08B → $3.02B (-$51.9M)

13% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 126

Holders
354
Holders Change
+6
Holders Change %
+1.72%
% of All Funds
5.62%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
110
Reduced
126
Closed
44
Calls
$98M
Puts
$31.6M
Net Calls
+$66.4M
Net Calls Change
+$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
FC
151
FORA Capital
Florida
$935K +$936K +5,596 New
LSERS
152
Louisiana State Employees Retirement System
Louisiana
$919K +$920K +5,500 New
OPERF
153
Oregon Public Employees Retirement Fund
Oregon
$915K +$917K +5,480 New
MWPCG
154
Measured Wealth Private Client Group
New Hampshire
$915K +$7.03K +42 +0.8%
Handelsbanken Fonder
155
Handelsbanken Fonder
Sweden
$855K
QC
156
Quadrature Capital
United Kingdom
$845K +$846K +5,056 New
Cambridge Investment Research Advisors
157
Cambridge Investment Research Advisors
Iowa
$843K -$102K -610 -11%
Creative Planning
158
Creative Planning
Kansas
$832K -$45.3K -271 -5%
CCIA
159
Campbell & Co Investment Adviser
Maryland
$817K -$177K -1,060 -18%
Thrivent Financial for Lutherans
160
Thrivent Financial for Lutherans
Minnesota
$816K +$817K +4,887 New
Mitsubishi UFJ Trust & Banking
161
Mitsubishi UFJ Trust & Banking
Japan
$813K -$84K -502 -9%
Canada Pension Plan Investment Board
162
Canada Pension Plan Investment Board
Ontario, Canada
$802K
SOMRS
163
State of Michigan Retirement System
Michigan
$785K +$786K +4,700 New
PAG
164
Private Advisory Group
Washington
$776K -$135K -808 -15%
ICM
165
Islay Capital Management
Texas
$757K -$62.7K -375 -8%
VOYA Investment Management
166
VOYA Investment Management
Georgia
$754K -$59K -353 -7%
ATPW
167
Ashton Thomas Private Wealth
Arizona
$748K -$44.5K -266 -6%
Commonwealth Equity Services
168
Commonwealth Equity Services
Massachusetts
$747K +$37.5K +224 +5%
AIP
169
Ameritas Investment Partners
Nebraska
$731K +$732K +4,377 New
CAM
170
Cresset Asset Management
Illinois
$727K +$225K +1,343 +45%
NMIMC
171
Northwestern Mutual Investment Management Company
Wisconsin
$723K +$724K +4,329 New
CFG
172
Cooper Financial Group
California
$721K -$11K -66 -2%
Walleye Trading
173
Walleye Trading
New York
$707K -$477K -2,850 -40%
Wellington Management Group
174
Wellington Management Group
Massachusetts
$701K -$29.6K -177 -4%
SWP
175
Stratos Wealth Partners
Ohio
$693K -$106K -636 -13%

PAG Hedge Fund Activity: Q3 2023 in Review

354 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2023, worth a combined $3.02B — down 1.7% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PAG positions and 44 closed out — a net gain of 8 holders — while 110 added to existing stakes and 126 trimmed.

The largest buyer was BlackRock, adding an estimated $144M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $49.5M sold.

  • 354 institutional investors held Penske Automotive Group (PAG) as of Q3 2023, up from 348 in Q2 2023.
  • Funds reported $3.02B of Penske Automotive Group stock for Q3 2023, down 1.7% quarter-over-quarter.
  • 52 funds opened new Penske Automotive Group positions in Q3 2023 and 44 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q3 2023 was BlackRock, an estimated $144M added.
  • The largest Penske Automotive Group seller in Q3 2023 was Arrowstreet Capital, an estimated $49.5M sold.

Based on aggregated 13F filings for Q3 2023.