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Penske Automotive Group

187 hedge funds and large institutions have $961M invested in Penske Automotive Group in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

582% more call options, than puts

Call options by funds: $3.44M | Put options by funds: $504K

2.08% more ownership

Funds ownership: 40.1%42.19% (+2.1%)

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

23% less funds holding

Funds holding: 243187 (-56)

42% less capital invested

Capital invested by funds: $1.65B → $961M (-$692M)

74% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 69

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
-56
Holders Change %
-23.05%
% of All Funds
4.12%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
65
Reduced
63
Closed
69
Calls
$3.44M
Puts
$504K
Net Calls
+$2.93M
Net Calls Change
+$898K
Name Holding Trade Value Shares
Change
Change in
Stake
TL
176
TrueWealth LLC
Georgia
$2K
EFSCE
177
Enterprise Financial Services Corp (EFSC)
Missouri
$2K +$2.74K +63 New
AII
178
AGF Investments Inc
Ontario, Canada
$2K +$3.05K +70 New
AIM
179
Anchor Investment Management
South Carolina
$1.4K
EARNEST Partners
180
EARNEST Partners
Georgia
$1K
MAM
181
Meeder Asset Management
Ohio
$1K
WOC
182
West Oak Capital
California
$1K
GSWM
183
Golden State Wealth Management
California
$1K +$1.65K +38 New
PSP
184
Principal Street Partners
Tennessee
-$7.75M -154,268 Closed
Jane Street
185
Jane Street
New York
-$5.12M -101,890 Closed
CI Investments Inc
186
CI Investments Inc
Ontario, Canada
-$3.69M -73,500 Closed
MSL
187
Mackay Shields LLC
New York
-$3.46M -68,815 Closed
SFI
188
Susquehanna Fundamental Investments
Pennsylvania
-$2.09M -41,700 Closed
CSS
189
Cubist Systematic Strategies
Connecticut
-$1.97M -39,137 Closed
BC
190
Brinker Capital
Pennsylvania
-$1.82M -36,196 Closed
KIA
191
KCM Investment Advisors
California
-$1.8M -35,786 Closed
Qube Research & Technologies (QRT)
192
Qube Research & Technologies (QRT)
United Kingdom
-$1.72M -34,174 Closed
HighTower Advisors
193
HighTower Advisors
Illinois
-$1.39M -27,761 Closed
QIM
194
Quantitative Investment Management
Virginia
-$1.22M -24,270 Closed
JG
195
Jefferies Group
New York
-$1.14M -22,678 Closed
Janney Montgomery Scott
196
Janney Montgomery Scott
Pennsylvania
-$1.07M -21,305 Closed
LBC
197
Lowe Brockenbrough & Co
Virginia
-$1.03M -20,610 Closed
OAM
198
Occidental Asset Management
California
-$945K -18,812 Closed
LPL Financial
199
LPL Financial
California
-$875K -17,414 Closed
WCM
200
Weld Capital Management
New York
-$752K -14,982 Closed

PAG Hedge Fund Activity: Q1 2020 in Review

187 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2020, worth a combined $961M — down 42% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of PAG and 18 opened new positions — a net loss of 51 holders — while 63 trimmed existing stakes and 65 added.

The largest buyer was Victory Capital Management, adding an estimated $102M. The largest seller was BlackRock, cutting an estimated $18.8M.

  • 187 institutional investors held Penske Automotive Group (PAG) as of Q1 2020, down from 243 in Q4 2019.
  • Funds reported $961M of Penske Automotive Group stock for Q1 2020, down 42% quarter-over-quarter.
  • 18 funds opened new Penske Automotive Group positions in Q1 2020 and 69 closed out, a net change of -51 holders.
  • The largest Penske Automotive Group buyer in Q1 2020 was Victory Capital Management, an estimated $102M added.
  • The largest Penske Automotive Group seller in Q1 2020 was BlackRock, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2020.