Penske Automotive Group
269 hedge funds and large institutions have $2.14B invested in Penske Automotive Group in 2021 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 82 increasing their positions, 89 reducing their positions, and 31 closing their positions.
71% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 31
8% more funds holding
Funds holding: 249 → 269 (+20)
8% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 89
1.07% less ownership
Funds ownership: 36.25% → 35.18% (-1.1%)
9% less capital invested
Capital invested by funds: $2.35B → $2.14B (-$204M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
78% less call options, than puts
Call options by funds: $5.83M | Put options by funds: $26.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$22.1M |
| 2 |
Morgan Stanley
New York
|
+$21.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$11.8M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$8.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$39.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$25.1M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$21.5M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$16.1M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$14.2M |
PAG Hedge Fund Activity: Q2 2021 in Review
269 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2021, worth a combined $2.14B — down 8.7% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PAG positions and 31 closed out — a net gain of 22 holders — while 82 added to existing stakes and 89 trimmed.
The largest buyer was American Century Companies, adding an estimated $22.1M. The largest seller was Victory Capital Management, cutting an estimated $39.1M.
- 269 institutional investors held Penske Automotive Group (PAG) as of Q2 2021, up from 249 in Q1 2021.
- Funds reported $2.14B of Penske Automotive Group stock for Q2 2021, down 8.7% quarter-over-quarter.
- 53 funds opened new Penske Automotive Group positions in Q2 2021 and 31 closed out, a net change of +22 holders.
- The largest Penske Automotive Group buyer in Q2 2021 was American Century Companies, an estimated $22.1M added.
- The largest Penske Automotive Group seller in Q2 2021 was Victory Capital Management, an estimated $39.1M sold.
Based on aggregated 13F filings for Q2 2021.