Patrick Industries
PATK
190 hedge funds and large institutions have $1.07B invested in Patrick Industries in 2017 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 81 increasing their positions, 64 reducing their positions, and 18 closing their positions.
83% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 18
27% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 64
5% more funds holding
Funds holding: 181 → 190 (+9)
3.05% more ownership
Funds ownership: 197.3% → 200.36% (+3.1%)
4% more capital invested
Capital invested by funds: $1.03B → $1.07B (+$41.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$147M |
| 2 |
Neuberger Berman Group
New York
|
+$29.4M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$28.8M |
| 4 |
Goldman Sachs
New York
|
+$27.5M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$11.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.64M |
| 3 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$8.54M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.86M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
-$6.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
HSBC Holdings
London,
United Kingdom
| – | -$253K | -7,459 | Closed |
|
202
Massachusetts Financial Services
Boston,
Massachusetts
| – | -$227K | -6,692 | Closed |
|
203
UBS AM
Chicago,
Illinois
| – | -$212K | -6,248 | Closed |
|
204
ProShare Advisors
Bethesda,
Maryland
| – | -$203K | -5,974 | Closed |
|
205
SG Americas Securities
New York
| – | -$171K | -5,038 | Closed |
|
|
GRP
206
Global Retirement Partners
San Rafael,
California
| – | -$31K | -900 | Closed |
|
|
EF
207
Empirical Finance
Havertown,
Pennsylvania
| – | -$16K | -446 | Closed |
|
208
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -117 | Closed |
|
209
Creative Planning
Overland Park,
Kansas
| – | -$1K | -16 | Closed |
|
PATK Hedge Fund Activity: Q1 2017 in Review
190 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2017, worth a combined $1.07B — up 4.1% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PATK positions and 18 closed out — a net gain of 15 holders — while 81 added to existing stakes and 64 trimmed.
The largest buyer was BlackRock, adding an estimated $147M. The largest seller was Teachers Advisors, cutting an estimated $11.1M.
- 190 institutional investors held Patrick Industries (PATK) as of Q1 2017, up from 181 in Q4 2016.
- Funds reported $1.07B of Patrick Industries stock for Q1 2017, up 4.1% quarter-over-quarter.
- 33 funds opened new Patrick Industries positions in Q1 2017 and 18 closed out, a net change of +15 holders.
- The largest Patrick Industries buyer in Q1 2017 was BlackRock, an estimated $147M added.
- The largest Patrick Industries seller in Q1 2017 was Teachers Advisors, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2017.