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Penske Automotive Group

240 hedge funds and large institutions have $1.7B invested in Penske Automotive Group in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 84 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

239% more call options, than puts

Call options by funds: $14.2M | Put options by funds: $4.17M

26% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 31

6% more capital invested

Capital invested by funds: $1.6B → $1.7B (+$97.5M)

2% more funds holding

Funds holding: 236240 (+4)

0.72% more ownership

Funds ownership: 41.92%42.64% (+0.72%)

12% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 84

Holders
240
Holders Change
+4
Holders Change %
+1.69%
% of All Funds
5.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
39
Increased
74
Reduced
84
Closed
31
Calls
$14.2M
Puts
$4.17M
Net Calls
+$9.99M
Net Calls Change
+$5.99M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
201
American International Group
New York
$31K -$3.96K -84 -11%
JCM
202
Jacobi Capital Management
Pennsylvania
$31K +$236 +5 +0.8%
GT
203
Glenmede Trust
Pennsylvania
$23K
FMT
204
First Mercantile Trust
Tennessee
$21K +$20.8K +440 New
CI
205
CX Institutional
Indiana
$18K +$18.4K +390 New
PCP
206
Proficio Capital Partners
Massachusetts
$17K +$3.87K +82 +28%
JA
207
JOYN Advisors
Georgia
$16K +$16.5K +350 New
FDCDDQ
208
Federation des caisses Desjardins du Quebec
Quebec, Canada
$14.1K
Northwestern Mutual Wealth Management
209
Northwestern Mutual Wealth Management
Wisconsin
$13K -$7.73K -164 -37%
FHA
210
First Horizon Advisors
Tennessee
$12K
PCG
211
Private Capital Group
Connecticut
$12K
S
212
SignatureFD
Georgia
$12K +$6.22K +132 +112%
Barrow, Hanley, Mewhinney & Strauss
213
Barrow, Hanley, Mewhinney & Strauss
Texas
$11K -$9.24K -196 -45%
WC
214
Whitney & Co
New York
$11K
FHA
215
Flagship Harbor Advisors
Massachusetts
$11K +$11.4K +241 New
NIT
216
NumerixS Investment Technologies
British Columbia, Canada
$10K +$9.43K +200 New
PHK
217
Point72 Hong Kong
Hong Kong
$9K -$45.3K -961 -83%
GFP
218
Gryphon Financial Partners
Ohio
$9K
LF
219
Lee Financial
Texas
$7K
NSIM
220
North Star Investment Management
Illinois
$7K
VFA
221
Valeo Financial Advisors
Indiana
$7K
BBHC
222
Brown Brothers Harriman & Co
New York
$7K +$7.07K +150 New
CFN
223
Cordasco Financial Network
Florida
$6K +$5.71K +121 New
CF
224
Centaurus Financial
California
$6K +$5.75K +122 New
ASN
225
Advisory Services Network
Georgia
$5K +$1.42K +30 +39%

PAG Hedge Fund Activity: Q2 2018 in Review

240 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2018, worth a combined $1.7B — up 6.1% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new PAG positions and 31 closed out — a net gain of 8 holders — while 74 added to existing stakes and 84 trimmed.

The largest buyer was CI Investments Inc, opening a new position worth an estimated $42.6M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $30M sold.

  • 240 institutional investors held Penske Automotive Group (PAG) as of Q2 2018, up from 236 in Q1 2018.
  • Funds reported $1.7B of Penske Automotive Group stock for Q2 2018, up 6.1% quarter-over-quarter.
  • 39 funds opened new Penske Automotive Group positions in Q2 2018 and 31 closed out, a net change of +8 holders.
  • The largest Penske Automotive Group buyer in Q2 2018 was CI Investments Inc, an estimated $42.6M added.
  • The largest Penske Automotive Group seller in Q2 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $30M sold.

Based on aggregated 13F filings for Q2 2018.