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Penske Automotive Group

217 hedge funds and large institutions have $1.49B invested in Penske Automotive Group in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $2.52M

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

0% more funds holding

Funds holding: 217217 (0)

0.04% less ownership

Funds ownership: 39.44%39.4% (-0.04%)

6% less capital invested

Capital invested by funds: $1.58B → $1.49B (-$87.7M)

11% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 79

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
217
Holders Change
Holders Change %
0%
% of All Funds
5.41%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
70
Reduced
79
Closed
28
Calls
$13.4M
Puts
$2.52M
Net Calls
+$10.9M
Net Calls Change
+$5.34M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
1
London Company of Virginia
Virginia
$157M +$23.6M +535,965 +18%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$133M -$819K -18,588 -0.6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$122M +$2.26M +51,334 +2%
LSV Asset Management
4
LSV Asset Management
Illinois
$110M +$4.42M +100,380 +4%
BAM
5
Burgundy Asset Management
Ontario, Canada
$91.3M -$223K -5,056 -0.2%
BlackRock
6
BlackRock
New York
$77.4M +$4.45M +101,023 +6%
FMI
7
Fiduciary Management Inc
Wisconsin
$64M +$665K +15,090 +1%
Capital Research Global Investors
8
Capital Research Global Investors
California
$45.3M -$20.8M -473,000 -31%
SI
9
Sentry Investments
Ontario, Canada
$32.2M -$19.7M -447,000 -38%
Bank of America
10
Bank of America
North Carolina
$29.9M +$152K +3,452 +0.5%
State Street
11
State Street
Massachusetts
$27.3M +$407K +9,240 +2%
Morgan Stanley
12
Morgan Stanley
New York
$24.6M +$4.79M +108,749 +24%
PMG
13
Private Management Group
California
$23.6M +$851K +19,313 +4%
GI
14
GAMCO Investors
Connecticut
$23.2M -$57.3K -1,300 -0.2%
KTA
15
Keeley-Teton Advisors
Illinois
$22.5M +$302K +6,852 +1%
Victory Capital Management
16
Victory Capital Management
Texas
$21.1M +$7.47M +169,550 +55%
PP
17
Prudential plc
United Kingdom
$20.4M -$110K -2,500 -0.5%
FIM
18
Foresters Investment Management
New York
$19.5M +$214K +4,850 +1%
Deutsche Bank
19
Deutsche Bank
Germany
$17M +$10.2M +230,854 +147%
Renaissance Technologies
20
Renaissance Technologies
New York
$16.3M +$8.19M +185,800 +100%
Goldman Sachs
21
Goldman Sachs
New York
$15.4M +$4.41M +100,076 +40%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$14.9M +$232K +5,269 +2%
American Century Companies
23
American Century Companies
Missouri
$14.9M +$5.04M +114,386 +51%
CB
24
Cooke & Bieler
Pennsylvania
$14.6M +$5.7M +129,256 +64%
FAM
25
Fenimore Asset Management
New York
$14.1M +$4.62M +104,729 +48%

PAG Hedge Fund Activity: Q2 2017 in Review

217 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2017, worth a combined $1.49B — down 5.6% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PAG positions and 28 closed out — a net gain of 2 holders — while 70 added to existing stakes and 79 trimmed.

The largest buyer was London Company of Virginia, adding an estimated $23.6M. The largest seller was Capital Research Global Investors, cutting an estimated $20.8M.

  • 217 institutional investors held Penske Automotive Group (PAG) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $1.49B of Penske Automotive Group stock for Q2 2017, down 5.6% quarter-over-quarter.
  • 30 funds opened new Penske Automotive Group positions in Q2 2017 and 28 closed out, a net change of +2 holders.
  • The largest Penske Automotive Group buyer in Q2 2017 was London Company of Virginia, an estimated $23.6M added.
  • The largest Penske Automotive Group seller in Q2 2017 was Capital Research Global Investors, an estimated $20.8M sold.

Based on aggregated 13F filings for Q2 2017.