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Patrick Industries

224 hedge funds and large institutions have $1.67B invested in Patrick Industries in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 91 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $1.42B → $1.67B (+$244M)

1.63% more ownership

Funds ownership: 138.61%140.25% (+1.6%)

8% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 25

0% more funds holding

Funds holding: 223224 (+1)

15% less call options, than puts

Call options by funds: $5.04M | Put options by funds: $5.9M

32% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 91

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
224
Holders Change
+1
Holders Change %
+0.45%
% of All Funds
3.52%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
27
Increased
62
Reduced
91
Closed
25
Calls
$5.04M
Puts
$5.9M
Net Calls
-$856K
Net Calls Change
+$148K
Name Holding Trade Value Shares
Change
Change in
Stake
RA
26
Royce & Associates
New York
$13.2M +$14.1K +300 +0.1%
Victory Capital Management
27
Victory Capital Management
Texas
$11.8M -$287K -6,096 -3%
Ameriprise
28
Ameriprise
Minnesota
$11.1M -$536K -11,380 -5%
Franklin Resources
29
Franklin Resources
California
$10M +$687K +14,595 +8%
Principal Financial Group
30
Principal Financial Group
Iowa
$9.83M -$728K -15,450 -8%
SI
31
Scout Investments
Missouri
$9.43M -$242K -5,141 -3%
Goldman Sachs
32
Goldman Sachs
New York
$9.37M +$1.25M +26,496 +18%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$9.22M -$673K -14,290 -8%
Wells Fargo
34
Wells Fargo
California
$9.19M +$1.39M +29,484 +21%
CIP
35
Chartwell Investment Partners
Pennsylvania
$9.17M -$150K -3,195 -2%
Allspring Global Investments
36
Allspring Global Investments
North Carolina
$8.27M -$157K -3,324 -2%
JP Morgan Chase
37
JP Morgan Chase
New York
$8.26M -$4.3M -91,284 -37%
CAM
38
Congress Asset Management
Massachusetts
$7.78M +$71.7K +1,522 +1%
LSV Asset Management
39
LSV Asset Management
Illinois
$7.73M +$1.67M +35,550 +32%
NC
40
NBW Capital
Massachusetts
$7.3M +$141 +3 +0%
GJL
41
Gendell Jeffrey L
$7.2M
AQR Capital Management
42
AQR Capital Management
Connecticut
$7.09M -$202K -4,282 -3%
TAM
43
Timucuan Asset Management
Florida
$6.72M
Nomura Holdings
44
Nomura Holdings
Japan
$6.37M
EST
45
EA Series Trust
Pennsylvania
$6.35M +$5.61M +119,015 New
EF
46
Empowered Funds
Pennsylvania
$6.35M +$5.61M +119,015 New
EIM
47
Essex Investment Management
Massachusetts
$6.3M -$500K -10,619 -8%
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$5.68M -$178K -3,770 -3%
Legal & General Group
49
Legal & General Group
United Kingdom
$4.83M -$53.3K -1,131 -1%
BGIM
50
Brandywine Global Investment Management
Pennsylvania
$4.82M +$3.11K +66 +0.1%

PATK Hedge Fund Activity: Q2 2023 in Review

224 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2023, worth a combined $1.67B — up 17% from $1.42B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PATK positions and 25 closed out — a net gain of 2 holders — while 62 added to existing stakes and 91 trimmed.

The largest buyer was Wasatch Advisors, adding an estimated $22.7M. The largest seller was BlackRock, cutting an estimated $7.17M.

  • 224 institutional investors held Patrick Industries (PATK) as of Q2 2023, up from 223 in Q1 2023.
  • Funds reported $1.67B of Patrick Industries stock for Q2 2023, up 17% quarter-over-quarter.
  • 27 funds opened new Patrick Industries positions in Q2 2023 and 25 closed out, a net change of +2 holders.
  • The largest Patrick Industries buyer in Q2 2023 was Wasatch Advisors, an estimated $22.7M added.
  • The largest Patrick Industries seller in Q2 2023 was BlackRock, an estimated $7.17M sold.

Based on aggregated 13F filings for Q2 2023.