Murray Stahl's PAG Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 142,507 shares of Penske Automotive Group, Inc. (PAG) worth $21.31 M, representing 0.23% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in PAG, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2020, adding 235,490 shares. Largest reduction occurred in Q2 2017, reducing 70,673 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Penske Automotive Group (PAG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Penske Automotive Group (PAG) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -27,367 | Reduce 16.11% | 142,507 | $149.52 |
| Q4 2025 | -736 | Reduce 0.43% | 169,874 | $158.29 |
| Q3 2025 | -717 | Reduce 0.42% | 170,610 | $173.91 |
| Q2 2025 | -13,536 | Reduce 7.32% | 171,327 | $171.81 |
| Q1 2025 | +1,897 | Add 1.04% | 184,863 | $143.98 |
| Q4 2024 | +1,486 | Add 0.82% | 182,966 | $152.44 |
| Q3 2024 | -2,501 | Reduce 1.36% | 181,480 | $162.42 |
| Q2 2024 | -1,576 | Reduce 0.85% | 183,981 | $149.02 |
| Q1 2024 | -3,979 | Reduce 2.10% | 185,557 | $161.99 |
| Q4 2023 | -6,633 | Reduce 3.38% | 189,536 | $160.51 |
| Q3 2023 | -1,193 | Reduce 0.60% | 196,169 | $167.06 |
| Q2 2023 | -822 | Reduce 0.41% | 197,362 | $166.63 |
| Q1 2023 | -17,726 | Reduce 8.21% | 198,184 | $141.81 |
| Q4 2022 | -5,437 | Reduce 2.46% | 215,910 | $114.93 |
| Q3 2022 | -11,675 | Reduce 5.01% | 221,347 | $98.43 |
| Q2 2022 | -6,904 | Reduce 2.88% | 233,022 | $104.69 |
| Q1 2022 | -3,991 | Reduce 1.64% | 239,926 | $93.72 |
| Q4 2021 | -5,957 | Reduce 2.38% | 243,917 | $107.22 |
| Q3 2021 | -2,721 | Reduce 1.08% | 249,874 | $100.60 |
| Q2 2021 | +487 | Add 0.19% | 252,595 | $75.49 |
| Q1 2021 | -747 | Reduce 0.30% | 252,108 | $80.24 |
| Q4 2020 | -8,454 | Reduce 3.24% | 252,855 | $59.39 |
| Q3 2020 | +11,417 | Add 4.57% | 261,309 | $47.66 |
| Q2 2020 | +235,490 | Add 1635.12% | 249,892 | $38.71 |
| Q1 2020 | +1,324 | Add 10.12% | 14,402 | $27.98 |
| Q4 2019 | -1,333 | Reduce 9.25% | 13,078 | $50.16 |
| Q3 2019 | +19 | Add 0.13% | 14,411 | $47.26 |
| Q2 2019 | -1,253 | Reduce 8.01% | 14,392 | $47.32 |
| Q1 2019 | -1,688 | Reduce 9.74% | 15,645 | $44.68 |
| Q4 2018 | +246 | Add 1.44% | 17,333 | $40.33 |
| Q3 2018 | -668 | Reduce 3.76% | 17,087 | $47.40 |
| Q2 2018 | -1,161 | Reduce 6.14% | 17,755 | $46.80 |
| Q1 2018 | +824 | Add 4.55% | 18,916 | $44.35 |
| Q4 2017 | -444 | Reduce 2.40% | 18,092 | $47.87 |
| Q3 2017 | -888 | Reduce 4.57% | 18,536 | $47.58 |
| Q2 2017 | -70,673 | Reduce 78.44% | 19,424 | $43.91 |
| Q1 2017 | +131 | Add 0.15% | 90,097 | $46.82 |
| Q4 2016 | -583 | Reduce 0.64% | 89,966 | $51.84 |
| Q3 2016 | -3,782 | Reduce 4.01% | 90,549 | $48.18 |
| Q2 2016 | -1,221 | Reduce 1.28% | 94,331 | $31.46 |
| Q1 2016 | -5,226 | Reduce 5.19% | 95,552 | $37.90 |
| Q4 2015 | -1,797 | Reduce 1.75% | 100,778 | $42.34 |
| Q3 2015 | -10,350 | Reduce 9.17% | 102,575 | $48.44 |
| Q2 2015 | +2,729 | Add 2.48% | 112,925 | $52.11 |
| Q1 2015 | +1,670 | Add 1.54% | 110,196 | $51.49 |
| Q4 2014 | -7,900 | Reduce 6.79% | 108,526 | $49.07 |
| Q3 2014 | +3,961 | Add 3.52% | 116,426 | $40.59 |
| Q2 2014 | -1,988 | Reduce 1.74% | 112,465 | $49.50 |
| Q1 2014 | +4,758 | Add 4.34% | 114,453 | $42.76 |
| Q4 2013 | +4,427 | Add 4.21% | 109,695 | $47.16 |
| Q3 2013 | -16,442 | Reduce 13.51% | 105,268 | $42.73 |
| Q2 2013 | +121,711 | Add 0.00% | 121,710 | $30.54 |
Murray Stahl's Penske Automotive Group Investment FAQs
Murray Stahl first purchased Penske Automotive Group, Inc. (PAG) in Q2 2013, acquiring 121,710 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Penske Automotive Group, Inc. (PAG) for 52 quarters since Q2 2013.
Murray Stahl's largest addition to Penske Automotive Group, Inc. (PAG) was in Q2 2020, adding 249,892 shares worth $9.67 M.
According to the latest 13F filing for Q1 2026, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 142,507 shares of Penske Automotive Group, Inc. (PAG), valued at approximately $21.31 M.
As of the Q1 2026 filing, Penske Automotive Group, Inc. (PAG) represents approximately 0.23% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Penske Automotive Group, Inc. (PAG) was 261,309 shares, as reported at the end of Q3 2020.