Penske Automotive Group
238 hedge funds and large institutions have $1.57B invested in Penske Automotive Group in 2015 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 79 increasing their positions, 84 reducing their positions, and 33 closing their positions.
176% more call options, than puts
Call options by funds: $3.44M | Put options by funds: $1.25M
21% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 33
3% more funds holding
Funds holding: 231 → 238 (+7)
0.62% less ownership
Funds ownership: 43.12% → 42.51% (-0.62%)
6% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 84
14% less capital invested
Capital invested by funds: $1.82B → $1.57B (-$256M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$26.8M |
| 2 |
Renaissance Technologies
New York
|
+$11.5M |
| 3 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
+$10.9M |
| 4 |
Millennium Management
New York
|
+$9.74M |
| 5 |
Two Sigma Investments
New York
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$25.8M |
| 2 |
BAMCO Inc
New York
|
-$14.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.6M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$9.77M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.48M |
PAG Hedge Fund Activity: Q4 2015 in Review
238 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2015, worth a combined $1.57B — down 14% from $1.82B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PAG positions and 33 closed out — a net gain of 7 holders — while 79 added to existing stakes and 84 trimmed.
The largest buyer was Northwestern Mutual Investment Management Company, adding an estimated $26.8M. The largest seller was Invesco, cutting an estimated $25.8M.
- 238 institutional investors held Penske Automotive Group (PAG) as of Q4 2015, up from 231 in Q3 2015.
- Funds reported $1.57B of Penske Automotive Group stock for Q4 2015, down 14% quarter-over-quarter.
- 40 funds opened new Penske Automotive Group positions in Q4 2015 and 33 closed out, a net change of +7 holders.
- The largest Penske Automotive Group buyer in Q4 2015 was Northwestern Mutual Investment Management Company, an estimated $26.8M added.
- The largest Penske Automotive Group seller in Q4 2015 was Invesco, an estimated $25.8M sold.
Based on aggregated 13F filings for Q4 2015.