Penske Automotive Group
318 hedge funds and large institutions have $2.32B invested in Penske Automotive Group in 2022 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 89 increasing their positions, 132 reducing their positions, and 50 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.63% less ownership
Funds ownership: 32.37% → 31.74% (-0.63%)
2% less funds holding
Funds holding: 326 → 318 (-8)
10% less capital invested
Capital invested by funds: $2.57B → $2.32B (-$255M)
12% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 50
33% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 132
49% less call options, than puts
Call options by funds: $41.5M | Put options by funds: $81.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$26.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.4M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$14.5M |
| 4 |
Goldman Sachs
New York
|
+$12.4M |
| 5 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
+$7.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$53.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$45.6M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$15.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$13M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$10.9M |
PAG Hedge Fund Activity: Q3 2022 in Review
318 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2022, worth a combined $2.32B — down 9.9% from $2.57B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PAG and 44 opened new positions — a net loss of 6 holders — while 132 trimmed existing stakes and 89 added.
The largest buyer was Jane Street, adding an estimated $26.1M. The largest seller was Pacer Advisors, exiting entirely with an estimated $53.3M sold.
- 318 institutional investors held Penske Automotive Group (PAG) as of Q3 2022, down from 326 in Q2 2022.
- Funds reported $2.32B of Penske Automotive Group stock for Q3 2022, down 9.9% quarter-over-quarter.
- 44 funds opened new Penske Automotive Group positions in Q3 2022 and 50 closed out, a net change of -6 holders.
- The largest Penske Automotive Group buyer in Q3 2022 was Jane Street, an estimated $26.1M added.
- The largest Penske Automotive Group seller in Q3 2022 was Pacer Advisors, an estimated $53.3M sold.
Based on aggregated 13F filings for Q3 2022.