Patrick Industries
PATK
125 hedge funds and large institutions have $475M invested in Patrick Industries in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 51 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
2% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 51
1% more funds holding
Funds holding: 124 → 125 (+1)
8% less capital invested
Capital invested by funds: $515M → $475M (-$40M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| 1 |
BPIM
Brant Point Investment Management
New York
|
+$4.47M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.05M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$2.79M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$1.82M |
| 5 |
QI
QS Investors
New York
|
+$1.61M |
Top Sellers
| 1 |
GJL
Gendell Jeffrey L
|
-$5.13M |
| 2 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$4.33M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$2.14M |
| 4 |
Millennium Management
New York
|
-$2.01M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Millennium Management
New York
| – | -$2.01M | -108,739 | Closed |
|
127
Marshall Wace
London,
United Kingdom
| – | -$1.36M | -73,562 | Closed |
|
|
HHC
128
Hutchin Hill Capital
New York
| – | -$629K | -34,088 | Closed |
|
129
Citadel Advisors
Miami,
Florida
| – | -$556K | -30,095 | Closed |
|
|
CSS
130
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$510K | -27,638 | Closed |
|
|
AL
131
Airain Ltd
St. Peter Port,
Guernsey
| – | -$403K | -21,823 | Closed |
|
132
Nomura Holdings
Tokyo,
Japan
| – | -$346K | -19,454 | Closed |
|
|
RCM
133
Rotella Capital Management
Bellevue,
Washington
| – | -$306K | -16,585 | Closed |
|
|
PAM
134
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$299K | -16,217 | Closed |
|
|
DTL
135
Dynamic Technology Lab
Singapore
| – | -$242K | -13,125 | Closed |
|
136
AllianceBernstein
Nashville,
Tennessee
| – | -$81K | -4,388 | Closed |
|
137
Creative Planning
Overland Park,
Kansas
| – | -$17K | -932 | Closed |
|
|
DA
138
Denali Advisors
San Diego,
California
| – | -$3K | -145 | Closed |
|
PATK Hedge Fund Activity: Q2 2015 in Review
125 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2015, worth a combined $475M — down 7.8% from $515M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PATK positions and 13 closed out — a net gain of 3 holders — while 52 added to existing stakes and 51 trimmed.
The largest buyer was Brant Point Investment Management, adding an estimated $4.47M. The largest seller was Gendell Jeffrey L, cutting an estimated $5.13M.
- 125 institutional investors held Patrick Industries (PATK) as of Q2 2015, up from 124 in Q1 2015.
- Funds reported $475M of Patrick Industries stock for Q2 2015, down 7.8% quarter-over-quarter.
- 16 funds opened new Patrick Industries positions in Q2 2015 and 13 closed out, a net change of +3 holders.
- The largest Patrick Industries buyer in Q2 2015 was Brant Point Investment Management, an estimated $4.47M added.
- The largest Patrick Industries seller in Q2 2015 was Gendell Jeffrey L, an estimated $5.13M sold.
Based on aggregated 13F filings for Q2 2015.