Penske Automotive Group
325 hedge funds and large institutions have $2.07B invested in Penske Automotive Group in 2022 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 81 increasing their positions, 136 reducing their positions, and 38 closing their positions.
39% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 38
2% more funds holding
Funds holding: 318 → 325 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.16% less ownership
Funds ownership: 31.74% → 29.58% (-2.2%)
11% less capital invested
Capital invested by funds: $2.32B → $2.07B (-$253M)
16% less call options, than puts
Call options by funds: $22.8M | Put options by funds: $27.1M
40% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 136
Top Buyers
| 1 |
D.E. Shaw & Co
New York
|
+$30.9M |
| 2 |
Morgan Stanley
New York
|
+$19.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$13.4M |
| 4 |
Two Sigma Investments
New York
|
+$11.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11M |
Top Sellers
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$62.2M |
| 2 |
Goldman Sachs
New York
|
-$44.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$39.4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$35.8M |
| 5 |
Jane Street
New York
|
-$29M |
PAG Hedge Fund Activity: Q4 2022 in Review
325 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Penske Automotive Group (PAG) for Q4 2022, worth a combined $2.07B — down 11% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PAG positions and 38 closed out — a net gain of 15 holders — while 81 added to existing stakes and 136 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $30.9M. The largest seller was American Century Companies, cutting an estimated $62.2M.
- 325 institutional investors held Penske Automotive Group (PAG) as of Q4 2022, up from 318 in Q3 2022.
- Funds reported $2.07B of Penske Automotive Group stock for Q4 2022, down 11% quarter-over-quarter.
- 53 funds opened new Penske Automotive Group positions in Q4 2022 and 38 closed out, a net change of +15 holders.
- The largest Penske Automotive Group buyer in Q4 2022 was D.E. Shaw & Co, an estimated $30.9M added.
- The largest Penske Automotive Group seller in Q4 2022 was American Century Companies, an estimated $62.2M sold.
Based on aggregated 13F filings for Q4 2022.