Patrick Industries
PATK
221 hedge funds and large institutions have $1.21B invested in Patrick Industries in 2022 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 68 increasing their positions, 78 reducing their positions, and 33 closing their positions.
34% more capital invested
Capital invested by funds: $900M → $1.21B (+$307M)
30% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 33
5% more ownership
Funds ownership: 134.64% → 139.64% (+5%)
4% more funds holding
Funds holding: 212 → 221 (+9)
13% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 78
53% less call options, than puts
Call options by funds: $4.09M | Put options by funds: $8.75M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.6M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$15.9M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$6.08M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$5.37M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.31M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.19M |
| 2 |
Millennium Management
New York
|
-$6.09M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$5.06M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.07M |
| 5 |
JP Morgan Chase
New York
|
-$3.64M |
PATK Hedge Fund Activity: Q4 2022 in Review
221 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q4 2022, worth a combined $1.21B — up 34% from $900M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PATK positions and 33 closed out — a net gain of 10 holders — while 68 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $16.6M. The largest seller was Citadel Advisors, cutting an estimated $6.19M.
- 221 institutional investors held Patrick Industries (PATK) as of Q4 2022, up from 212 in Q3 2022.
- Funds reported $1.21B of Patrick Industries stock for Q4 2022, up 34% quarter-over-quarter.
- 43 funds opened new Patrick Industries positions in Q4 2022 and 33 closed out, a net change of +10 holders.
- The largest Patrick Industries buyer in Q4 2022 was Fidelity Investments, an estimated $16.6M added.
- The largest Patrick Industries seller in Q4 2022 was Citadel Advisors, an estimated $6.19M sold.
Based on aggregated 13F filings for Q4 2022.