We are live on ! Find out more
PAG icon

Penske Automotive Group

177 hedge funds and large institutions have $1.7B invested in Penske Automotive Group in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 55 increasing their positions, 68 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

321% more call options, than puts

Call options by funds: $3.86M | Put options by funds: $916K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

50% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 22

40% more capital invested

Capital invested by funds: $1.21B → $1.7B (+$487M)

6% more funds holding

Funds holding: 167177 (+10)

0.18% more ownership

Funds ownership: 43.92%44.11% (+0.18%)

19% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 68

Holders
177
Holders Change
+10
Holders Change %
+5.99%
% of All Funds
5.74%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
33
Increased
55
Reduced
68
Closed
22
Calls
$3.86M
Puts
$916K
Net Calls
+$2.94M
Net Calls Change
+$3.03M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$147M -$1.65M -43,047 -1%
Capital Research Global Investors
2
Capital Research Global Investors
California
$143M +$13.8M +361,000 +12%
Lord, Abbett & Co
3
Lord, Abbett & Co
New Jersey
$102M -$3.75M -97,869 -4%
BAM
4
Burgundy Asset Management
Ontario, Canada
$94.7M +$472K +12,324 +0.6%
Vanguard Group
5
Vanguard Group
Pennsylvania
$92.1M -$613K -16,004 -0.7%
SCM
6
Shapiro Capital Management
Georgia
$85.1M -$14.6M -381,389 -16%
KAM
7
Keeley Asset Management
Illinois
$63.4M -$4.76M -124,290 -8%
Northern Trust
8
Northern Trust
Illinois
$53.2M -$581K -15,182 -1%
BIT
9
BlackRock Institutional Trust
California
$49.2M -$7.95M -207,662 -15%
BFA
10
BlackRock Fund Advisors
California
$48.2M +$4.41M +115,270 +11%
State Street
11
State Street
Massachusetts
$44M -$5.44M -142,216 -12%
NC
12
Nicholas Company
Wisconsin
$41.6M +$893K +23,325 +2%
Invesco
13
Invesco
Georgia
$36.3M +$2.92M +76,276 +10%
CCP
14
Clough Capital Partners
Massachusetts
$34.9M +$31.2M +816,306 New
BAMCO Inc
15
BAMCO Inc
New York
$32M
Ameriprise
16
Ameriprise
Minnesota
$29.4M -$5.91M -154,421 -18%
Victory Capital Management
17
Victory Capital Management
Texas
$28.7M +$25.7M +672,799 New
AIM
18
Act II Management
New York
$26.6M +$1.06M +27,621 +5%
RA
19
Royce & Associates
New York
$23.2M -$5.04M -131,800 -20%
SFM
20
Systematic Financial Management
New Jersey
$22M +$19.7M +515,675 New
GI
21
GAMCO Investors
Connecticut
$21.6M +$76.5K +2,000 +0.4%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$20.2M -$29M -757,055 -62%
EAM
23
Eagle Asset Management
Florida
$20M +$18.2M +474,551 New
JP Morgan Chase
24
JP Morgan Chase
New York
$19.1M +$13.2M +344,577 +340%
LBG
25
Lloyds Banking Group
United Kingdom
$18.7M +$1.6M +41,678 +11%

PAG Hedge Fund Activity: Q3 2013 in Review

177 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2013, worth a combined $1.7B — up 40% from $1.21B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PAG positions and 22 closed out — a net gain of 11 holders — while 55 added to existing stakes and 68 trimmed.

The largest buyer was Clough Capital Partners, opening a new position worth an estimated $31.2M. The largest seller was Fidelity Investments, cutting an estimated $29M.

  • 177 institutional investors held Penske Automotive Group (PAG) as of Q3 2013, up from 167 in Q2 2013.
  • Funds reported $1.7B of Penske Automotive Group stock for Q3 2013, up 40% quarter-over-quarter.
  • 33 funds opened new Penske Automotive Group positions in Q3 2013 and 22 closed out, a net change of +11 holders.
  • The largest Penske Automotive Group buyer in Q3 2013 was Clough Capital Partners, an estimated $31.2M added.
  • The largest Penske Automotive Group seller in Q3 2013 was Fidelity Investments, an estimated $29M sold.

Based on aggregated 13F filings for Q3 2013.