Penske Automotive Group
238 hedge funds and large institutions have $1.77B invested in Penske Automotive Group in 2020 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 62 increasing their positions, 85 reducing their positions, and 21 closing their positions.
133% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 21
20% more capital invested
Capital invested by funds: $1.48B → $1.77B (+$289M)
12% more funds holding
Funds holding: 213 → 238 (+25)
1.53% less ownership
Funds ownership: 38.69% → 37.16% (-1.5%)
18% less call options, than puts
Call options by funds: $14M | Put options by funds: $17M
27% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 85
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$14.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$14.4M |
| 3 |
Bank of New York Mellon
New York
|
+$14M |
| 4 |
Morgan Stanley
New York
|
+$13.3M |
| 5 |
Aristotle Capital Management
Los Angeles,
California
|
+$9.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$37.3M |
| 2 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$21.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$15.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$13M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.4M |
PAG Hedge Fund Activity: Q4 2020 in Review
238 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2020, worth a combined $1.77B — up 20% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PAG positions and 21 closed out — a net gain of 28 holders — while 62 added to existing stakes and 85 trimmed.
The largest buyer was Ceredex Value Advisors, opening a new position worth an estimated $14.5M. The largest seller was Fiduciary Management Inc, cutting an estimated $37.3M.
- 238 institutional investors held Penske Automotive Group (PAG) as of Q4 2020, up from 213 in Q3 2020.
- Funds reported $1.77B of Penske Automotive Group stock for Q4 2020, up 20% quarter-over-quarter.
- 49 funds opened new Penske Automotive Group positions in Q4 2020 and 21 closed out, a net change of +28 holders.
- The largest Penske Automotive Group buyer in Q4 2020 was Ceredex Value Advisors, an estimated $14.5M added.
- The largest Penske Automotive Group seller in Q4 2020 was Fiduciary Management Inc, an estimated $37.3M sold.
Based on aggregated 13F filings for Q4 2020.