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, 71 increasing their positions, 78 reducing their positions, and 28 closing their positions.
414% more call options, than puts
Call options by funds: $13.6M | Put options by funds: $2.65M
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
0% more funds holding
Funds holding: 217 → 217 (0)
0.02% less ownership
Funds ownership: 39.42% → 39.4% (-0.02%)
9% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 78
6% less capital invested
Capital invested by funds: $1.58B → $1.49B (-$86.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$23.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.2M |
| 3 |
Renaissance Technologies
New York
|
+$8.19M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$8.06M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$20.8M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$19.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.45M |
| 4 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$7.31M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$7.24M |
PAG Hedge Fund Activity: Q2 2017 in Review
217 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2017, worth a combined $1.49B — down 5.5% 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 71 added to existing stakes and 78 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 5.5% 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.