Patrick Industries
PATK
243 hedge funds and large institutions have $2.11B invested in Patrick Industries in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 62 increasing their positions, 103 reducing their positions, and 23 closing their positions.
85% more call options, than puts
Call options by funds: $8.62M | Put options by funds: $4.65M
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
36% more capital invested
Capital invested by funds: $1.55B → $2.11B (+$559M)
3% more funds holding
Funds holding: 235 → 243 (+8)
2.91% more ownership
Funds ownership: 139.85% → 142.76% (+2.9%)
40% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 103
Top Buyers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$24.5M |
| 2 |
BlackRock
New York
|
+$15.8M |
| 3 |
Morgan Stanley
New York
|
+$13.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$8.74M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$5M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.49M |
| 2 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$5.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.97M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.31M |
| 5 |
Bank of New York Mellon
New York
|
-$4.15M |
PATK Hedge Fund Activity: Q4 2023 in Review
243 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q4 2023, worth a combined $2.11B — up 36% from $1.55B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PATK positions and 23 closed out — a net gain of 13 holders — while 62 added to existing stakes and 103 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $24.5M. The largest seller was Wellington Management Group, cutting an estimated $8.49M.
- 243 institutional investors held Patrick Industries (PATK) as of Q4 2023, up from 235 in Q3 2023.
- Funds reported $2.11B of Patrick Industries stock for Q4 2023, up 36% quarter-over-quarter.
- 36 funds opened new Patrick Industries positions in Q4 2023 and 23 closed out, a net change of +13 holders.
- The largest Patrick Industries buyer in Q4 2023 was Pacer Advisors, an estimated $24.5M added.
- The largest Patrick Industries seller in Q4 2023 was Wellington Management Group, an estimated $8.49M sold.
Based on aggregated 13F filings for Q4 2023.