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Penske Automotive Group

326 hedge funds and large institutions have $2.57B invested in Penske Automotive Group in 2022 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 91 increasing their positions, 128 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

199% more call options, than puts

Call options by funds: $51.4M | Put options by funds: $17.2M

30% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 44

13% more capital invested

Capital invested by funds: $2.29B → $2.57B (+$286M)

2% more funds holding

Funds holding: 321326 (+5)

0.79% more ownership

Funds ownership: 31.58%32.37% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

29% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 128

Holders
326
Holders Change
+5
Holders Change %
+1.56%
% of All Funds
5.49%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
57
Increased
91
Reduced
128
Closed
44
Calls
$51.4M
Puts
$17.2M
Net Calls
+$34.2M
Net Calls Change
+$19.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$368M -$5.04M -47,048 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$271M -$5.44M -50,748 -2%
LSV Asset Management
3
LSV Asset Management
Illinois
$180M -$11M -102,887 -6%
American Century Companies
4
American Century Companies
Missouri
$166M -$36.3M -338,598 -18%
BAM
5
Burgundy Asset Management
Ontario, Canada
$148M -$25.5M -237,660 -14%
BlackRock
6
BlackRock
New York
$141M -$2.79M -26,045 -2%
Goldman Sachs
7
Goldman Sachs
New York
$86.6M +$17.6M +164,060 +25%
Bank of America
8
Bank of America
North Carolina
$83.7M +$5.37M +50,078 +7%
AQR Capital Management
9
AQR Capital Management
Connecticut
$62.7M -$3.51M -32,750 -5%
State Street
10
State Street
Massachusetts
$54.5M -$1.35M -12,569 -2%
Pacer Advisors
11
Pacer Advisors
Pennsylvania
$53.3M +$19.2M +179,145 +54%
GI
12
GAMCO Investors
Connecticut
$50.3M -$403K -3,761 -0.8%
PMG
13
Private Management Group
California
$47.6M +$430K +4,015 +0.9%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$47.2M +$33.7M +313,870 +229%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$45.8M +$3.76M +35,082 +9%
Morgan Stanley
16
Morgan Stanley
New York
$40.5M +$2.15M +20,028 +5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$32.7M +$426K +3,975 +1%
Charles Schwab
18
Charles Schwab
California
$28.4M -$1.42M -13,246 -5%
JVBC
19
J.V. Bruni & Co
Colorado
$26.3M -$110K -1,025 -0.4%
HKAM
20
Horizon Kinetics Asset Management
New York
$24.4M -$740K -6,904 -3%
Prudential Financial
21
Prudential Financial
New Jersey
$24.4M +$18.8M +175,230 +305%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$21.5M +$21.2M +197,293 +2,465%
Norges Bank
23
Norges Bank
Norway
$20.2M +$19.3M +179,637 +1,323%
LCOV
24
London Company of Virginia
Virginia
$18.5M -$329K -3,065 -2%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$17.1M +$1.15M +10,701 +7%

PAG Hedge Fund Activity: Q2 2022 in Review

326 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q2 2022, worth a combined $2.57B — up 13% from $2.29B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new PAG positions and 44 closed out — a net gain of 13 holders — while 91 added to existing stakes and 128 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $33.7M. The largest seller was American Century Companies, cutting an estimated $36.3M.

  • 326 institutional investors held Penske Automotive Group (PAG) as of Q2 2022, up from 321 in Q1 2022.
  • Funds reported $2.57B of Penske Automotive Group stock for Q2 2022, up 13% quarter-over-quarter.
  • 57 funds opened new Penske Automotive Group positions in Q2 2022 and 44 closed out, a net change of +13 holders.
  • The largest Penske Automotive Group buyer in Q2 2022 was Arrowstreet Capital, an estimated $33.7M added.
  • The largest Penske Automotive Group seller in Q2 2022 was American Century Companies, an estimated $36.3M sold.

Based on aggregated 13F filings for Q2 2022.