Patrick Industries
PATK
221 hedge funds and large institutions have $1.44B invested in Patrick Industries in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 76 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
14% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 76
3.48% more ownership
Funds ownership: 133.6% → 137.08% (+3.5%)
3% more funds holding
Funds holding: 214 → 221 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $1.56B → $1.44B (-$121M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $206K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.2M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$21.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$29.6M |
| 2 |
Millennium Management
New York
|
-$10.7M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$8.01M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.87M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$4.88M |
PATK Hedge Fund Activity: Q1 2018 in Review
221 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2018, worth a combined $1.44B — down 7.8% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PATK positions and 24 closed out — a net gain of 9 holders — while 87 added to existing stakes and 76 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $23.2M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $29.6M sold.
- 221 institutional investors held Patrick Industries (PATK) as of Q1 2018, up from 214 in Q4 2017.
- Funds reported $1.44B of Patrick Industries stock for Q1 2018, down 7.8% quarter-over-quarter.
- 33 funds opened new Patrick Industries positions in Q1 2018 and 24 closed out, a net change of +9 holders.
- The largest Patrick Industries buyer in Q1 2018 was Fidelity Investments, an estimated $23.2M added.
- The largest Patrick Industries seller in Q1 2018 was Lord, Abbett & Co, an estimated $29.6M sold.
Based on aggregated 13F filings for Q1 2018.