Patrick Industries
PATK
214 hedge funds and large institutions have $1.56B invested in Patrick Industries in 2017 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 62 increasing their positions, 94 reducing their positions, and 17 closing their positions.
124% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 17
114% more call options, than puts
Call options by funds: $521K | Put options by funds: $243K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more capital invested
Capital invested by funds: $1.27B → $1.56B (+$295M)
11% more funds holding
Funds holding: 193 → 214 (+21)
34% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 94
67.55% less ownership
Funds ownership: 201.15% → 133.6% (-68%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.13M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$7.11M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.96M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$6.38M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17M |
| 2 |
Goldman Sachs
New York
|
-$11M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$7.44M |
| 4 |
GJL
Gendell Jeffrey L
|
-$4.72M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$4.6M |
PATK Hedge Fund Activity: Q4 2017 in Review
214 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q4 2017, worth a combined $1.56B — up 23% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PATK positions and 17 closed out — a net gain of 21 holders — while 62 added to existing stakes and 94 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.13M. The largest seller was Royal Bank of Canada, cutting an estimated $17M.
- 214 institutional investors held Patrick Industries (PATK) as of Q4 2017, up from 193 in Q3 2017.
- Funds reported $1.56B of Patrick Industries stock for Q4 2017, up 23% quarter-over-quarter.
- 38 funds opened new Patrick Industries positions in Q4 2017 and 17 closed out, a net change of +21 holders.
- The largest Patrick Industries buyer in Q4 2017 was Millennium Management, an estimated $8.13M added.
- The largest Patrick Industries seller in Q4 2017 was Royal Bank of Canada, an estimated $17M sold.
Based on aggregated 13F filings for Q4 2017.