Patrick Industries
PATK
77 hedge funds and large institutions have $233M invested in Patrick Industries in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
60% more capital invested
Capital invested by funds: $146M → $233M (+$86.9M)
20% more funds holding
Funds holding: 64 → 77 (+13)
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$6.09M |
| 2 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$6.02M |
| 3 |
RCP
RIT Capital Partners
London,
United Kingdom
|
+$5.55M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$3.56M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.11M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$1.48M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.38M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.02M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$508K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $157 | -$2.44K | -321 | -2% |
|
|
77
American Century Companies
Kansas City,
Missouri
| – | -$1.48M | -240,705 | Closed |
|
|
WA
78
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.38M | -223,911 | Closed |
|
|
DC
79
Deere & Company
Moline,
Illinois
| – | -$249K | -40,476 | Closed |
|
|
CRM
80
Cramer Rosenthal McGlynn
Stamford,
Connecticut
| – | -$162K | -26,325 | Closed |
|
81
Invesco
Atlanta,
Georgia
| – | -$139K | -22,579 | Closed |
|
|
MFS
82
MSI Financial Services
Springfield,
Massachusetts
| – | +$258 | +34 | New |
|
PATK Hedge Fund Activity: Q3 2013 in Review
77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2013, worth a combined $233M — up 60% from $146M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PATK positions and 5 closed out — a net gain of 13 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was RK Capital Management (Colorado), opening a new position worth an estimated $6.09M. The largest seller was Wells Fargo, cutting an estimated $2.11M.
- 77 institutional investors held Patrick Industries (PATK) as of Q3 2013, up from 64 in Q2 2013.
- Funds reported $233M of Patrick Industries stock for Q3 2013, up 60% quarter-over-quarter.
- 18 funds opened new Patrick Industries positions in Q3 2013 and 5 closed out, a net change of +13 holders.
- The largest Patrick Industries buyer in Q3 2013 was RK Capital Management (Colorado), an estimated $6.09M added.
- The largest Patrick Industries seller in Q3 2013 was Wells Fargo, an estimated $2.11M sold.
Based on aggregated 13F filings for Q3 2013.