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Penske Automotive Group

187 hedge funds and large institutions have $961M invested in Penske Automotive Group in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

582% more call options, than puts

Call options by funds: $3.44M | Put options by funds: $504K

2.08% more ownership

Funds ownership: 40.1%42.19% (+2.1%)

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

23% less funds holding

Funds holding: 243187 (-56)

42% less capital invested

Capital invested by funds: $1.65B → $961M (-$692M)

74% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 69

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
187
Holders Change
-56
Holders Change %
-23.05%
% of All Funds
4.12%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
65
Reduced
63
Closed
69
Calls
$3.44M
Puts
$504K
Net Calls
+$2.93M
Net Calls Change
+$898K
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
1
Victory Capital Management
Texas
$123M +$102M +2,335,096 +113%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$114M +$5.24M +120,428 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$87.9M +$5.84M +134,114 +4%
LSV Asset Management
4
LSV Asset Management
Illinois
$69.5M -$2.79M -64,066 -3%
BAM
5
Burgundy Asset Management
Ontario, Canada
$61.9M +$3M +69,014 +3%
BlackRock
6
BlackRock
New York
$41.7M -$18.8M -431,009 -22%
FMI
7
Fiduciary Management Inc
Wisconsin
$37.6M -$20.4K -468 -0%
American Century Companies
8
American Century Companies
Missouri
$27M +$9.05M +208,081 +27%
CVA
9
Ceredex Value Advisors
Florida
$26.1M +$3.68M +84,500 +10%
Bank of America
10
Bank of America
North Carolina
$25.9M +$4.24M +97,457 +12%
Morgan Stanley
11
Morgan Stanley
New York
$21.5M -$12.7M -291,852 -28%
State Street
12
State Street
Massachusetts
$18.1M +$447K +10,284 +2%
LCOV
13
London Company of Virginia
Virginia
$17.3M -$10.7M -245,753 -28%
PMG
14
Private Management Group
California
$16.7M -$112K -2,575 -0.4%
FAM
15
Fenimore Asset Management
New York
$14.5M +$4.28M +98,328 +23%
GI
16
GAMCO Investors
Connecticut
$14.2M +$22.7K +522 +0.1%
Citadel Advisors
17
Citadel Advisors
Florida
$13.3M +$12.8M +294,873 +165%
PP
18
Prudential plc
United Kingdom
$12M -$831K -19,100 -4%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$11.5M -$1.56M -35,738 -8%
Millennium Management
20
Millennium Management
New York
$11.3M +$9.13M +209,891 +109%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$10.6M +$277K +6,363 +2%
DDPIC
22
Deroy & Devereaux Private Investment Counsel
Michigan
$9.27M +$14.4M +331,142 New
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$8.36M +$1.99M +45,735 +18%
Goldman Sachs
24
Goldman Sachs
New York
$8.11M +$728K +16,724 +6%
JVBC
25
J.V. Bruni & Co
Colorado
$8M -$78.2K -1,798 -0.6%

PAG Hedge Fund Activity: Q1 2020 in Review

187 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q1 2020, worth a combined $961M — down 42% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of PAG and 18 opened new positions — a net loss of 51 holders — while 63 trimmed existing stakes and 65 added.

The largest buyer was Victory Capital Management, adding an estimated $102M. The largest seller was BlackRock, cutting an estimated $18.8M.

  • 187 institutional investors held Penske Automotive Group (PAG) as of Q1 2020, down from 243 in Q4 2019.
  • Funds reported $961M of Penske Automotive Group stock for Q1 2020, down 42% quarter-over-quarter.
  • 18 funds opened new Penske Automotive Group positions in Q1 2020 and 69 closed out, a net change of -51 holders.
  • The largest Penske Automotive Group buyer in Q1 2020 was Victory Capital Management, an estimated $102M added.
  • The largest Penske Automotive Group seller in Q1 2020 was BlackRock, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2020.