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Patrick Industries

196 hedge funds and large institutions have $921M invested in Patrick Industries in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 63 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

372% more call options, than puts

Call options by funds: $1.21M | Put options by funds: $257K

17% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 63

17% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 23

2% more funds holding

Funds holding: 192196 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.98% less ownership

Funds ownership: 137.99%135.02% (-3%)

15% less capital invested

Capital invested by funds: $1.08B → $921M (-$157M)

Holders
196
Holders Change
+4
Holders Change %
+2.08%
% of All Funds
4.3%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
27
Increased
74
Reduced
63
Closed
23
Calls
$1.21M
Puts
$257K
Net Calls
+$956K
Net Calls Change
+$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$7.64M -$196K -7,081 -3%
LSV Asset Management
27
LSV Asset Management
Illinois
$7.11M +$358K +12,900 +5%
Millennium Management
28
Millennium Management
New York
$5.99M +$5.52M +199,090 +1,936%
Citadel Advisors
29
Citadel Advisors
Florida
$5.78M +$5.15M +185,665 +1,117%
Ameriprise
30
Ameriprise
Minnesota
$5.56M -$245K -8,836 -4%
QI
31
QS Investors
New York
$5.54M
IECM
32
Intrinsic Edge Capital Management
Illinois
$5.36M +$5.2M +187,500 New
PNC Financial Services Group
33
PNC Financial Services Group
Pennsylvania
$5.22M -$5.44M -196,110 -52%
PAM
34
Panagora Asset Management
Massachusetts
$4.91M +$4.33M +155,928 +995%
Morgan Stanley
35
Morgan Stanley
New York
$4.87M -$757K -27,282 -14%
AllianceBernstein
36
AllianceBernstein
Tennessee
$4.32M +$786K +28,320 +23%
N
37
Nuveen
North Carolina
$4.3M -$66.8K -2,409 -2%
Deutsche Bank
38
Deutsche Bank
Germany
$4.28M -$1.1M -39,555 -21%
Invesco
39
Invesco
Georgia
$4.27M +$147K +5,298 +4%
Nordea Investment Management
40
Nordea Investment Management
Sweden
$4.21M +$89.1K +3,213 +2%
Marshall Wace
41
Marshall Wace
United Kingdom
$4.08M +$3.96M +142,734 New
CEI
42
Clark Estates Inc
New York
$3.94M
RCMC
43
RK Capital Management (Colorado)
Colorado
$3.89M +$194K +7,004 +5%
CAM
44
ClariVest Asset Management
California
$3.77M -$45.8K -1,650 -1%
Prudential Financial
45
Prudential Financial
New Jersey
$3.69M -$860K -30,986 -19%
WA
46
Wasatch Advisors
Utah
$3.66M -$660K -23,773 -16%
TAM
47
Timucuan Asset Management
Florida
$3.6M +$416K +15,000 +14%
MSL
48
Mackay Shields LLC
New York
$3.58M +$1.45M +52,200 +71%
NC
49
Nokomis Capital
Texas
$3.57M -$1.54M -55,368 -31%
1SB
50
1ST Source Bank
Indiana
$3.52M -$359K -12,933 -10%

PATK Hedge Fund Activity: Q3 2019 in Review

196 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2019, worth a combined $921M — down 15% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PATK positions and 23 closed out — a net gain of 4 holders — while 74 added to existing stakes and 63 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $8.03M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $36.8M sold.

  • 196 institutional investors held Patrick Industries (PATK) as of Q3 2019, up from 192 in Q2 2019.
  • Funds reported $921M of Patrick Industries stock for Q3 2019, down 15% quarter-over-quarter.
  • 27 funds opened new Patrick Industries positions in Q3 2019 and 23 closed out, a net change of +4 holders.
  • The largest Patrick Industries buyer in Q3 2019 was Fidelity Investments, an estimated $8.03M added.
  • The largest Patrick Industries seller in Q3 2019 was Neuberger Berman Group, an estimated $36.8M sold.

Based on aggregated 13F filings for Q3 2019.