Patrick Industries
PATK
272 hedge funds and large institutions have $2.54B invested in Patrick Industries in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 80 increasing their positions, 100 reducing their positions, and 15 closing their positions.
193% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more capital invested
Capital invested by funds: $2.11B → $2.54B (+$423M)
12% more funds holding
Funds holding: 243 → 272 (+29)
0.18% less ownership
Funds ownership: 142.76% → 142.58% (-0.18%)
2% less call options, than puts
Call options by funds: $5.97M | Put options by funds: $6.11M
20% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$30.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$17.5M |
| 3 |
JP Morgan Chase
New York
|
+$11M |
| 4 |
RCM
Rivermont Capital Management
New York
|
+$10.4M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$7.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$24.3M |
| 2 |
Morgan Stanley
New York
|
-$23.5M |
| 3 |
BlackRock
New York
|
-$12.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$9.11M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
276
Algert Global
San Francisco,
California
| – | -$756K | -11,295 | Closed |
|
|
BMSSC
277
B. Metzler seel. Sohn & Co
Frankfurt,
Germany
| – | -$629K | -9,399 | Closed |
|
|
GCP
278
GSA Capital Partners
London,
United Kingdom
| – | -$518K | -7,746 | Closed |
|
|
GC
279
Guggenheim Capital
Chicago,
Illinois
| – | -$498K | -7,449 | Closed |
|
|
BHCM
280
Brevan Howard Capital Management
St. Helier,
Jersey
| – | -$286K | -4,269 | Closed |
|
|
DA
281
Denali Advisors
San Diego,
California
| – | -$191K | -2,850 | Closed |
|
282
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$14.6K | -218 | Closed |
|
|
ASN
283
Advisory Services Network
Atlanta,
Georgia
| – | -$8.13K | -122 | Closed |
|
|
LF
284
Lee Financial
Dallas,
Texas
| – | -$4.21K | -63 | Closed |
|
|
EC
285
Elequin Capital
New York
| – | -$3.11K | -47 | Closed |
|
|
GA
286
GoalVest Advisory
New York
| – | -$803 | -12 | Closed |
|
|
AF
287
Advisornet Financial
Minnetonka,
Minnesota
| – | -$201 | -3 | Closed |
|
PATK Hedge Fund Activity: Q1 2024 in Review
272 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2024, worth a combined $2.54B — up 20% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PATK positions and 15 closed out — a net gain of 29 holders — while 80 added to existing stakes and 100 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $30.3M. The largest seller was Wasatch Advisors, cutting an estimated $24.3M.
- 272 institutional investors held Patrick Industries (PATK) as of Q1 2024, up from 243 in Q4 2023.
- Funds reported $2.54B of Patrick Industries stock for Q1 2024, up 20% quarter-over-quarter.
- 44 funds opened new Patrick Industries positions in Q1 2024 and 15 closed out, a net change of +29 holders.
- The largest Patrick Industries buyer in Q1 2024 was Macquarie Group, an estimated $30.3M added.
- The largest Patrick Industries seller in Q1 2024 was Wasatch Advisors, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2024.