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Penske Automotive Group
PAG

318 hedge funds and large institutions have $2.32B invested in Penske Automotive Group in 2022 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 89 increasing their positions, 132 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.63% less ownership

Funds ownership: 32.37% → 31.74% (-0.63%)

2% less funds holding

Funds holding: 326 → 318 (-8)

10% less capital invested

Capital invested by funds: $2.57B → $2.32B (-$255M)

12% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 50

33% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 132

49% less call options, than puts

Call options by funds: $41.5M | Put options by funds: $81.5M

Holders
318
Holders Change
-8
Holders Change %
-2.45%
% of All Funds
5.48%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
44
Increased
89
Reduced
132
Closed
50
Calls
$41.5M
Puts
$81.5M
Net Calls
-$40M
Net Calls Change
-$74.2M

Top Buyers

1
Jane Street
Jane Street
New York
+$26.1M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$16.4M
3
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$14.5M
4
Goldman Sachs
Goldman Sachs
New York
+$12.4M
5
MPM
Meritage Portfolio Management
Kansas
+$7.94M

Top Sellers

1
Pacer Advisors
Pacer Advisors
Pennsylvania
-$53.3M
2
American Century Companies
American Century Companies
Missouri
-$45.6M
3
BAM
Burgundy Asset Management
Ontario, Canada
-$15.6M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$13M
5
Charles Schwab
Charles Schwab
California
-$10.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$339M -$8.28M -74,221 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$249M -$7.26M -65,111 -3%
LSV Asset Management
3
LSV Asset Management
Illinois
$165M -$5.54M -49,700 -3%
BlackRock
4
BlackRock
New York
$138M +$6.91M +61,972 +5%
BAM
5
Burgundy Asset Management
Ontario, Canada
$126M -$15.6M -139,518 -10%
American Century Companies
6
American Century Companies
Missouri
$116M -$45.6M -408,880 -26%
Goldman Sachs
7
Goldman Sachs
New York
$92.4M +$12.4M +111,183 +13%
Bank of America
8
Bank of America
North Carolina
$77.6M -$1.26M -11,264 -1%
State Street
9
State Street
Massachusetts
$49.2M -$2.28M -20,476 -4%
AQR Capital Management
10
AQR Capital Management
Connecticut
$47.8M -$13M -116,587 -19%
GI
11
GAMCO Investors
Connecticut
$46.5M -$929K -8,325 -2%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$42.4M -$2.28M -20,427 -5%
PMG
13
Private Management Group
California
$40.8M -$4.46M -39,956 -9%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$40.3M -$3.13M -28,096 -6%
Morgan Stanley
15
Morgan Stanley
New York
$36.6M -$1.7M -15,223 -4%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$34.7M +$16.4M +147,050 +72%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$30.3M -$498K -4,467 -1%
Jane Street
18
Jane Street
New York
$27.9M +$26.1M +233,566 +468%
JVBC
19
J.V. Bruni & Co
Colorado
$24.6M -$173K -1,552 -0.6%
Norges Bank
20
Norges Bank
Norway
$22.7M +$4.21M +37,765 +20%
HKAM
21
Horizon Kinetics Asset Management
New York
$21.8M -$1.3M -11,675 -5%
LCOV
22
London Company of Virginia
Virginia
$17.3M -$111K -994 -0.6%
Charles Schwab
23
Charles Schwab
California
$17.2M -$10.9M -97,267 -36%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$17.2M +$5.42M +48,544 +39%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$15M -$1.27M -11,361 -7%
1
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PAG Hedge Fund Activity: Q3 2022 in Review

318 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q3 2022, worth a combined $2.32B — down 9.9% from $2.57B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of PAG and 44 opened new positions — a net loss of 6 holders — while 132 trimmed existing stakes and 89 added.

The largest buyer was Jane Street, adding an estimated $26.1M. The largest seller was Pacer Advisors, exiting entirely with an estimated $53.3M sold.

  • 318 institutional investors held Penske Automotive Group (PAG) as of Q3 2022, down from 326 in Q2 2022.
  • Funds reported $2.32B of Penske Automotive Group stock for Q3 2022, down 9.9% quarter-over-quarter.
  • 44 funds opened new Penske Automotive Group positions in Q3 2022 and 50 closed out, a net change of -6 holders.
  • The largest Penske Automotive Group buyer in Q3 2022 was Jane Street, an estimated $26.1M added.
  • The largest Penske Automotive Group seller in Q3 2022 was Pacer Advisors, an estimated $53.3M sold.

Based on aggregated 13F filings for Q3 2022.