Penske Automotive Group
236 hedge funds and large institutions have $1.6B invested in Penske Automotive Group in 2018 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 62 increasing their positions, 87 reducing their positions, and 41 closing their positions.
71% more call options, than puts
Call options by funds: $9.66M | Put options by funds: $5.66M
0.6% more ownership
Funds ownership: 41.32% → 41.92% (+0.6%)
0% more funds holding
Funds holding: 236 → 236 (0)
0% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 41
6% less capital invested
Capital invested by funds: $1.7B → $1.6B (-$95.7M)
29% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 87
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$58.8M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$17.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.07M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$8.57M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$27M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$14.4M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$13.1M |
| 4 |
AC
Armistice Capital
New York
|
-$10.1M |
| 5 |
PP
PDT Partners
New York
|
-$8.84M |
PAG Hedge Fund Activity: Q1 2018 in Review
236 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2018, worth a combined $1.6B — down 5.6% from $1.7B a quarter earlier.
Fund positioning in PAG was balanced in Q1 2018: 41 funds opened new positions, 41 closed out, 62 added to existing stakes and 87 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $58.8M. The largest seller was BlackRock, cutting an estimated $27M.
- 236 institutional investors held Penske Automotive Group (PAG) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $1.6B of Penske Automotive Group stock for Q1 2018, down 5.6% quarter-over-quarter.
- 41 funds opened new Penske Automotive Group positions in Q1 2018 and 41 closed out, a net change of 0 holders.
- The largest Penske Automotive Group buyer in Q1 2018 was Victory Capital Management, an estimated $58.8M added.
- The largest Penske Automotive Group seller in Q1 2018 was BlackRock, an estimated $27M sold.
Based on aggregated 13F filings for Q1 2018.