Penske Automotive Group
229 hedge funds and large institutions have $1.7B invested in Penske Automotive Group in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 72 increasing their positions, 67 reducing their positions, and 28 closing their positions.
324% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $3.28M
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
14% more capital invested
Capital invested by funds: $1.49B → $1.7B (+$206M)
6% more funds holding
Funds holding: 217 → 229 (+12)
2.04% more ownership
Funds ownership: 39.4% → 41.44% (+2%)
7% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$31.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.2M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$16.9M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$16.2M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$25.9M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$18.6M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$15.1M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$12M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$10M |
PAG Hedge Fund Activity: Q3 2017 in Review
229 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2017, worth a combined $1.7B — up 14% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PAG positions and 28 closed out — a net gain of 14 holders — while 72 added to existing stakes and 67 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $31.5M. The largest seller was London Company of Virginia, cutting an estimated $25.9M.
- 229 institutional investors held Penske Automotive Group (PAG) as of Q3 2017, up from 217 in Q2 2017.
- Funds reported $1.7B of Penske Automotive Group stock for Q3 2017, up 14% quarter-over-quarter.
- 42 funds opened new Penske Automotive Group positions in Q3 2017 and 28 closed out, a net change of +14 holders.
- The largest Penske Automotive Group buyer in Q3 2017 was Deutsche Bank, an estimated $31.5M added.
- The largest Penske Automotive Group seller in Q3 2017 was London Company of Virginia, an estimated $25.9M sold.
Based on aggregated 13F filings for Q3 2017.