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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
ACA
176
Atlas Capital Advisors
Wyoming
$434K
CFG
177
Cooper Financial Group
California
$431K +$19.7K +173 +5%
State of Wisconsin Investment Board
178
State of Wisconsin Investment Board
Wisconsin
$425K -$220K -1,927 -34%
FHB
179
First Hawaiian Bank
Hawaii
$417K
DFCM
180
Dark Forest Capital Management
Puerto Rico
$414K -$623K -5,465 -60%
Commonwealth Equity Services
181
Commonwealth Equity Services
Massachusetts
$399K +$58.3K +511 +17%
GC
182
Guggenheim Capital
Illinois
$398K +$159K +1,395 +67%
AI
183
AdvisorShares Investments
Maryland
$392K -$76K -666 -16%
CCIA
184
Campbell & Co Investment Adviser
Maryland
$391K +$106K +930 +38%
PAMS
185
Pictet Asset Management (Switzerland)
Switzerland
$386K +$134K +1,173 +54%
ICM
186
Islay Capital Management
Texas
$383K +$66K +579 +21%
AWM
187
AE Wealth Management
Kansas
$382K +$30.4K +267 +9%
VRS
188
Virginia Retirement Systems
Virginia
$379K -$1.21M -10,600 -76%
DA
189
Denali Advisors
California
$374K +$22.8K +200 +7%
Bank of Nova Scotia
190
Bank of Nova Scotia
Ontario, Canada
$374K -$453K -3,974 -55%
WG
191
Winton Group
United Kingdom
$363K -$17K -149 -5%
LPL Financial
192
LPL Financial
California
$362K +$3.19K +28 +0.9%
Dimensional Fund Advisors
193
Dimensional Fund Advisors
Texas
$359K -$35.8M -313,677 -9%
Russell Investments Group
194
Russell Investments Group
United Kingdom
$354K -$669K -5,864 -66%
Rafferty Asset Management
195
Rafferty Asset Management
New York
$347K -$101K -886 -23%
BCP
196
Blue Chip Partners
Michigan
$344K +$1.25K +11 +0.4%
DekaBank Deutsche Girozentrale
197
DekaBank Deutsche Girozentrale
Germany
$344K
Cetera Investment Advisers
198
Cetera Investment Advisers
Illinois
$336K +$2.74K +24 +0.8%
CAPTRUST Financial Advisors
199
CAPTRUST Financial Advisors
North Carolina
$334K +$57K +500 +21%
ACM
200
Aquatic Capital Management
Illinois
$333K +$331K +2,900 New

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.