Patrick Industries
PATK
193 hedge funds and large institutions have $1.27B invested in Patrick Industries in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 76 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
22% more call options, than puts
Call options by funds: $463K | Put options by funds: $379K
15% more capital invested
Capital invested by funds: $1.1B → $1.27B (+$166M)
3% more funds holding
Funds holding: 188 → 193 (+5)
1.49% less ownership
Funds ownership: 202.64% → 201.15% (-1.5%)
16% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 76
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$6.93M |
| 2 |
Goldman Sachs
New York
|
+$4.97M |
| 3 |
BlackRock
New York
|
+$4.32M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.34M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$13.7M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$5.95M |
| 3 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$3.89M |
| 4 |
Millennium Management
New York
|
-$3.03M |
| 5 |
MCM
Matarin Capital Management
New York
|
-$1.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIT
201
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$168K | -5,175 | Closed |
|
|
AIM
202
Acrospire Investment Management
Chicago,
Illinois
| – | -$12K | -385 | Closed |
|
203
Creative Planning
Overland Park,
Kansas
| – | -$6K | -171 | Closed |
|
|
WAM
204
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$297 | +9 | New |
|
PATK Hedge Fund Activity: Q3 2017 in Review
193 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2017, worth a combined $1.27B — up 15% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PATK positions and 11 closed out — a net gain of 6 holders — while 64 added to existing stakes and 76 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $6.93M. The largest seller was PNC Financial Services Group, cutting an estimated $13.7M.
- 193 institutional investors held Patrick Industries (PATK) as of Q3 2017, up from 188 in Q2 2017.
- Funds reported $1.27B of Patrick Industries stock for Q3 2017, up 15% quarter-over-quarter.
- 17 funds opened new Patrick Industries positions in Q3 2017 and 11 closed out, a net change of +6 holders.
- The largest Patrick Industries buyer in Q3 2017 was Victory Capital Management, an estimated $6.93M added.
- The largest Patrick Industries seller in Q3 2017 was PNC Financial Services Group, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2017.