Penske Automotive Group
209 hedge funds and large institutions have $1.86B invested in Penske Automotive Group in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 77 increasing their positions, 64 reducing their positions, and 32 closing their positions.
110% more call options, than puts
Call options by funds: $4.56M | Put options by funds: $2.18M
28% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 32
21% more capital invested
Capital invested by funds: $1.54B → $1.86B (+$327M)
20% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 64
2% more funds holding
Funds holding: 205 → 209 (+4)
0.15% more ownership
Funds ownership: 41.92% → 42.07% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$89.4M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$39.6M |
| 3 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
+$15.2M |
| 4 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
+$14.9M |
| 5 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$22.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$11.6M |
| 4 |
JP Morgan Chase
New York
|
-$11.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$9.95M |
PAG Hedge Fund Activity: Q4 2014 in Review
209 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2014, worth a combined $1.86B — up 21% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PAG positions and 32 closed out — a net gain of 9 holders — while 77 added to existing stakes and 64 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $89.4M. The largest seller was Shapiro Capital Management, exiting entirely with an estimated $22.3M sold.
- 209 institutional investors held Penske Automotive Group (PAG) as of Q4 2014, up from 205 in Q3 2014.
- Funds reported $1.86B of Penske Automotive Group stock for Q4 2014, up 21% quarter-over-quarter.
- 41 funds opened new Penske Automotive Group positions in Q4 2014 and 32 closed out, a net change of +9 holders.
- The largest Penske Automotive Group buyer in Q4 2014 was Victory Capital Management, an estimated $89.4M added.
- The largest Penske Automotive Group seller in Q4 2014 was Shapiro Capital Management, an estimated $22.3M sold.
Based on aggregated 13F filings for Q4 2014.