Penske Automotive Group
264 hedge funds and large institutions have $1.49B invested in Penske Automotive Group in 2018 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 90 increasing their positions, 85 reducing their positions, and 41 closing their positions.
194% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $3.44M
17% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 41
2% more funds holding
Funds holding: 259 → 264 (+5)
6% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 85
0.23% more ownership
Funds ownership: 43.42% → 43.65% (+0.23%)
14% less capital invested
Capital invested by funds: $1.75B → $1.49B (-$253M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$20.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$13.6M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$9.36M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$49.2M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$17.8M |
| 3 |
JP Morgan Chase
New York
|
-$10.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.93M |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$3.84M |
PAG Hedge Fund Activity: Q4 2018 in Review
264 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2018, worth a combined $1.49B — down 14% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PAG positions and 41 closed out — a net gain of 7 holders — while 90 added to existing stakes and 85 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $20.6M. The largest seller was BlackRock, cutting an estimated $49.2M.
- 264 institutional investors held Penske Automotive Group (PAG) as of Q4 2018, up from 259 in Q3 2018.
- Funds reported $1.49B of Penske Automotive Group stock for Q4 2018, down 14% quarter-over-quarter.
- 48 funds opened new Penske Automotive Group positions in Q4 2018 and 41 closed out, a net change of +7 holders.
- The largest Penske Automotive Group buyer in Q4 2018 was Philadelphia Financial Management of San Francisco, an estimated $20.6M added.
- The largest Penske Automotive Group seller in Q4 2018 was BlackRock, an estimated $49.2M sold.
Based on aggregated 13F filings for Q4 2018.