Penske Automotive Group
213 hedge funds and large institutions have $1.48B invested in Penske Automotive Group in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 54 increasing their positions, 76 reducing their positions, and 31 closing their positions.
126% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $4.53M
29% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 31
22% more capital invested
Capital invested by funds: $1.21B → $1.48B (+$270M)
4% more funds holding
Funds holding: 204 → 213 (+9)
0.2% less ownership
Funds ownership: 38.89% → 38.69% (-0.2%)
29% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
+$9.73M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
+$7.45M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$6.97M |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$6.53M |
| 5 |
B
BP
London,
United Kingdom
|
+$6.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$25.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.35M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$5.34M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.18M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$4.84M |
PAG Hedge Fund Activity: Q3 2020 in Review
213 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2020, worth a combined $1.48B — up 22% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PAG positions and 31 closed out — a net gain of 9 holders — while 54 added to existing stakes and 76 trimmed.
The largest buyer was Ensign Peak Advisors, adding an estimated $9.73M. The largest seller was Victory Capital Management, cutting an estimated $25.5M.
- 213 institutional investors held Penske Automotive Group (PAG) as of Q3 2020, up from 204 in Q2 2020.
- Funds reported $1.48B of Penske Automotive Group stock for Q3 2020, up 22% quarter-over-quarter.
- 40 funds opened new Penske Automotive Group positions in Q3 2020 and 31 closed out, a net change of +9 holders.
- The largest Penske Automotive Group buyer in Q3 2020 was Ensign Peak Advisors, an estimated $9.73M added.
- The largest Penske Automotive Group seller in Q3 2020 was Victory Capital Management, an estimated $25.5M sold.
Based on aggregated 13F filings for Q3 2020.