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Patrick Industries

137 hedge funds and large institutions have $584M invested in Patrick Industries in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

15% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 20

2% more funds holding

Funds holding: 134137 (+3)

6% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 50

5% more capital invested

Capital invested by funds: $558M → $584M (+$26.3M)

Holders
137
Holders Change
+3
Holders Change %
+2.24%
% of All Funds
3.65%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
23
Increased
53
Reduced
50
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TAM
26
Tiverton Asset Management
Delaware
$5.81M -$473K -27,133 -9%
Prudential Financial
27
Prudential Financial
New Jersey
$4.98M -$3.07M -176,236 -42%
T. Rowe Price Associates
28
T. Rowe Price Associates
Maryland
$4.72M +$4.08M +234,090 New
Morgan Stanley
29
Morgan Stanley
New York
$4.57M +$417K +23,922 +12%
VCM
30
Venator Capital Management
Ontario, Canada
$4.46M -$111K -6,383 -3%
TCIM
31
TIAA CREF Investment Management
New York
$4.25M -$2.39M -136,992 -39%
Wells Fargo
32
Wells Fargo
California
$4.2M +$2.36M +135,356 +185%
QI
33
QS Investors
New York
$4.01M +$105K +6,026 +3%
RFC
34
Russell Frank Company
Washington
$3.9M +$170K +9,740 +5%
PI
35
Putnam Investments
Massachusetts
$3.52M +$59.4K +3,409 +2%
PRCP
36
Pacific Ridge Capital Partners
Oregon
$3.32M +$9.41K +540 +0.3%
EI
37
EAM Investors
California
$3.22M -$295K -16,941 -10%
D.E. Shaw & Co
38
D.E. Shaw & Co
New York
$3.2M -$1.99M -114,224 -42%
FC
39
Financial Consulate
Maryland
$3.15M +$2.72M +156,290 New
Bank of America
40
Bank of America
North Carolina
$3M +$1.11M +63,799 +75%
OCG
41
Opus Capital Group
Ohio
$2.94M -$2.56M -147,001 -50%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$2.77M -$74.5K -4,275 -3%
TCM
43
Tygh Capital Management
Oregon
$2.75M -$293K -16,789 -11%
CAM
44
ClariVest Asset Management
California
$2.64M +$64.2K +3,681 +3%
Two Sigma Advisers
45
Two Sigma Advisers
New York
$2.4M -$143K -8,208 -6%
American Century Companies
46
American Century Companies
Missouri
$2.36M -$19.6K -1,125 -1%
Baird Financial Group
47
Baird Financial Group
Wisconsin
$2.24M +$181K +10,382 +10%
AQR Capital Management
48
AQR Capital Management
Connecticut
$2.16M -$1.08M -62,118 -37%
BIM
49
BlackRock Investment Management
Delaware
$2.07M +$36.2K +2,077 +2%
PPA
50
Parametric Portfolio Associates
Washington
$2.03M +$1.18M +67,723 +206%

PATK Hedge Fund Activity: Q1 2016 in Review

137 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2016, worth a combined $584M — up 4.7% from $558M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PATK positions and 20 closed out — a net gain of 3 holders — while 53 added to existing stakes and 50 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $8.31M. The largest seller was Kennedy Capital Management, cutting an estimated $7.07M.

  • 137 institutional investors held Patrick Industries (PATK) as of Q1 2016, up from 134 in Q4 2015.
  • Funds reported $584M of Patrick Industries stock for Q1 2016, up 4.7% quarter-over-quarter.
  • 23 funds opened new Patrick Industries positions in Q1 2016 and 20 closed out, a net change of +3 holders.
  • The largest Patrick Industries buyer in Q1 2016 was PNC Financial Services Group, an estimated $8.31M added.
  • The largest Patrick Industries seller in Q1 2016 was Kennedy Capital Management, an estimated $7.07M sold.

Based on aggregated 13F filings for Q1 2016.