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Penske Automotive Group

231 hedge funds and large institutions have $1.82B invested in Penske Automotive Group in 2015 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 97 increasing their positions, 61 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more first-time investments, than exits

New positions opened: 45 | 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: 23 (+1)

11% more funds holding

Funds holding: 209231 (+22)

0.28% more ownership

Funds ownership: 42.84%43.12% (+0.28%)

7% less capital invested

Capital invested by funds: $1.95B → $1.82B (-$128M)

20% less call options, than puts

Call options by funds: $2.58M | Put options by funds: $3.23M

Holders
231
Holders Change
+22
Holders Change %
+10.53%
% of All Funds
6.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
45
Increased
97
Reduced
61
Closed
22
Calls
$2.58M
Puts
$3.23M
Net Calls
-$645K
Net Calls Change
-$2.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$157M -$11M -214,095 -6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$126M +$1.22M +23,732 +0.9%
BAM
3
Burgundy Asset Management
Ontario, Canada
$102M -$1.41M -27,612 -1%
Victory Capital Management
4
Victory Capital Management
Texas
$101M +$907K +17,702 +0.9%
Capital Research Global Investors
5
Capital Research Global Investors
California
$100M
BIT
6
BlackRock Institutional Trust
California
$89.1M +$4.64M +90,609 +5%
KAM
7
Keeley Asset Management
Illinois
$46.8M -$5.97M -116,420 -11%
Lord, Abbett & Co
8
Lord, Abbett & Co
New Jersey
$40.6M -$21M -409,589 -33%
Invesco
9
Invesco
Georgia
$38M +$6.86M +133,916 +21%
GI
10
GAMCO Investors
Connecticut
$36.5M +$191K +3,725 +0.5%
BAMCO Inc
11
BAMCO Inc
New York
$33.9M -$2.56M -50,000 -7%
State Street
12
State Street
Massachusetts
$33M -$2.12M -41,298 -6%
TAM
13
Todd Asset Management
Kentucky
$30.3M +$3.08M +60,037 +11%
FIM
14
Foresters Investment Management
New York
$30.2M +$2.15M +41,925 +7%
GIG
15
Goodnow Investment Group
Connecticut
$28M -$157K -3,073 -0.5%
JP Morgan Chase
16
JP Morgan Chase
New York
$26.5M +$4.71M +91,855 +20%
NC
17
Nicholas Company
Wisconsin
$26.3M -$4.85M -94,680 -15%
Bank of America
18
Bank of America
North Carolina
$25.1M +$2.27M +44,235 +9%
First Trust Advisors
19
First Trust Advisors
Illinois
$24.5M -$9.23M -180,164 -26%
DS
20
Dudley & Shanley
Florida
$22.8M +$933K +18,200 +4%
PMG
21
Private Management Group
California
$22.6M -$197K -3,851 -0.8%
TCIM
22
TIAA CREF Investment Management
New York
$22.5M -$3.09M -60,280 -11%
Norges Bank
23
Norges Bank
Norway
$21.5M
BFA
24
BlackRock Fund Advisors
California
$19.4M +$241K +4,696 +1%
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
$18.7M +$2.07M +40,350 +12%

PAG Hedge Fund Activity: Q3 2015 in Review

231 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2015, worth a combined $1.82B — down 6.6% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PAG positions and 22 closed out — a net gain of 23 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.

  • 231 institutional investors held Penske Automotive Group (PAG) as of Q3 2015, up from 209 in Q2 2015.
  • Funds reported $1.82B of Penske Automotive Group stock for Q3 2015, down 6.6% quarter-over-quarter.
  • 45 funds opened new Penske Automotive Group positions in Q3 2015 and 22 closed out, a net change of +23 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.