Patrick Industries
PATK
181 hedge funds and large institutions have $1.03B invested in Patrick Industries in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 59 increasing their positions, 71 reducing their positions, and 19 closing their positions.
197.3% more ownership
Funds ownership: 0% → 197.3% (+197%)
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
22% more capital invested
Capital invested by funds: $840M → $1.03B (+$186M)
7% more funds holding
Funds holding: 169 → 181 (+12)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.79M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.25M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$4.05M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
+$3.88M |
| 5 |
Neuberger Berman Group
New York
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Matarin Capital Management
New York
|
-$8.69M |
| 2 |
GJL
Gendell Jeffrey L
|
-$8.3M |
| 3 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$7.66M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.15M |
| 5 |
Goldman Sachs
New York
|
-$5.92M |
PATK Hedge Fund Activity: Q4 2016 in Review
181 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q4 2016, worth a combined $1.03B — up 22% from $840M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PATK positions and 19 closed out — a net gain of 15 holders — while 59 added to existing stakes and 71 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $7.79M. The largest seller was Matarin Capital Management, exiting entirely with an estimated $8.69M sold.
- 181 institutional investors held Patrick Industries (PATK) as of Q4 2016, up from 169 in Q3 2016.
- Funds reported $1.03B of Patrick Industries stock for Q4 2016, up 22% quarter-over-quarter.
- 34 funds opened new Patrick Industries positions in Q4 2016 and 19 closed out, a net change of +15 holders.
- The largest Patrick Industries buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $7.79M added.
- The largest Patrick Industries seller in Q4 2016 was Matarin Capital Management, an estimated $8.69M sold.
Based on aggregated 13F filings for Q4 2016.