Penske Automotive Group
232 hedge funds and large institutions have $1.88B invested in Penske Automotive Group in 2015 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 97 increasing their positions, 61 reducing their positions, and 22 closing their positions.
109% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 22
59% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 61
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more funds holding
Funds holding: 209 → 232 (+23)
0.29% more ownership
Funds ownership: 42.84% → 43.13% (+0.29%)
7% less capital invested
Capital invested by funds: $2.01B → $1.88B (-$133M)
20% less call options, than puts
Call options by funds: $2.58M | Put options by funds: $3.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$9.03M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$7.55M |
| 3 |
Goldman Sachs
New York
|
+$7.35M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$6.86M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$6.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.23M |
| 4 |
RA
Royce & Associates
New York
|
-$8.31M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.62M |
PAG Hedge Fund Activity: Q3 2015 in Review
232 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2015, worth a combined $1.88B — down 6.6% from $2.01B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PAG positions and 22 closed out — a net gain of 24 holders — while 97 added to existing stakes and 61 trimmed.
The largest buyer was Artemis Investment Management, adding an estimated $9.03M. The largest seller was Lord, Abbett & Co, cutting an estimated $21M.
- 232 institutional investors held Penske Automotive Group (PAG) as of Q3 2015, up from 209 in Q2 2015.
- Funds reported $1.88B of Penske Automotive Group stock for Q3 2015, down 6.6% quarter-over-quarter.
- 46 funds opened new Penske Automotive Group positions in Q3 2015 and 22 closed out, a net change of +24 holders.
- The largest Penske Automotive Group buyer in Q3 2015 was Artemis Investment Management, an estimated $9.03M added.
- The largest Penske Automotive Group seller in Q3 2015 was Lord, Abbett & Co, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2015.