Patrick Industries
PATK
195 hedge funds and large institutions have $1.31B invested in Patrick Industries in 2020 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 49 increasing their positions, 72 reducing their positions, and 28 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
122% more capital invested
Capital invested by funds: $593M → $1.31B (+$720M)
82% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 28
13% more funds holding
Funds holding: 172 → 195 (+23)
4.6% more ownership
Funds ownership: 132.26% → 136.86% (+4.6%)
32% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$13.9M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$8.99M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$7.75M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.62M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$5.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$9.85M |
| 2 |
Millennium Management
New York
|
-$5.55M |
| 3 |
MCM
Matarin Capital Management
New York
|
-$5.25M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$5.21M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.06M |
PATK Hedge Fund Activity: Q2 2020 in Review
195 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2020, worth a combined $1.31B — up 122% from $593M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PATK positions and 28 closed out — a net gain of 23 holders — while 49 added to existing stakes and 72 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $13.9M. The largest seller was Gendell Jeffrey L, cutting an estimated $9.85M.
- 195 institutional investors held Patrick Industries (PATK) as of Q2 2020, up from 172 in Q1 2020.
- Funds reported $1.31B of Patrick Industries stock for Q2 2020, up 122% quarter-over-quarter.
- 51 funds opened new Patrick Industries positions in Q2 2020 and 28 closed out, a net change of +23 holders.
- The largest Patrick Industries buyer in Q2 2020 was Loomis, Sayles & Company, an estimated $13.9M added.
- The largest Patrick Industries seller in Q2 2020 was Gendell Jeffrey L, an estimated $9.85M sold.
Based on aggregated 13F filings for Q2 2020.