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Patrick Industries

101 hedge funds and large institutions have $362M invested in Patrick Industries in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

560% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 5

66% more capital invested

Capital invested by funds: $218M → $362M (+$143M)

36% more funds holding

Funds holding: 74101 (+27)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

30% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 27

Holders
101
Holders Change
+27
Holders Change %
+36.49%
% of All Funds
2.92%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
33
Increased
35
Reduced
27
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GJL
1
Gendell Jeffrey L
$111M -$5.92M -533,250 -6%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$22.6M +$1.54M +138,378 +9%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$22.5M +$3.56M +320,470 +23%
NPIC
4
Neumeier Poma Investment Counsel
California
$17.8M -$160K -14,428 -1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$13M +$11M +992,706 New
KCM
6
Kennedy Capital Management
Missouri
$11.3M -$3.92M -353,001 -29%
TCM
7
Tygh Capital Management
Oregon
$11.3M -$462K -41,637 -5%
Vanguard Group
8
Vanguard Group
Pennsylvania
$9.81M +$2.26M +203,840 +38%
Allianz Asset Management
9
Allianz Asset Management
Germany
$9.66M -$20.9K -1,883 -0.3%
DCM
10
Driehaus Capital Management
Illinois
$9.39M +$3.21M +289,180 +68%
RCMC
11
RK Capital Management (Colorado)
Colorado
$9.18M -$2.41M -216,814 -24%
BFA
12
BlackRock Fund Advisors
California
$8.31M +$183K +16,467 +3%
Wells Fargo
13
Wells Fargo
California
$5.39M -$3.91M -352,235 -46%
JP Morgan Chase
14
JP Morgan Chase
New York
$5.2M +$4.39M +395,550 New
State Street
15
State Street
Massachusetts
$5.18M +$233K +21,039 +6%
Northern Trust
16
Northern Trust
Illinois
$5M -$190K -17,128 -4%
AL
17
AJO LP
Pennsylvania
$4.99M +$4.21M +379,664 New
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$4.47M -$1.85M -166,725 -33%
NI
19
Numeric Investors
Massachusetts
$3.77M +$2.22M +199,736 +228%
TC
20
TFS Capital
Pennsylvania
$3.44M +$88.4K +7,968 +3%
OAM
21
Oxford Asset Management
United Kingdom
$3.43M +$410K +36,923 +16%
BIT
22
BlackRock Institutional Trust
California
$3.33M +$277K +24,948 +11%
Renaissance Technologies
23
Renaissance Technologies
New York
$3.21M -$269K -24,284 -9%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$3.14M +$1.41M +127,535 +114%
PRCP
25
Pacific Ridge Capital Partners
Oregon
$3.04M -$1.04M -93,926 -29%

PATK Hedge Fund Activity: Q1 2014 in Review

101 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2014, worth a combined $362M — up 66% from $218M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PATK positions and 5 closed out — a net gain of 28 holders — while 35 added to existing stakes and 27 trimmed.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $11M. The largest seller was Gendell Jeffrey L, cutting an estimated $5.92M.

  • 101 institutional investors held Patrick Industries (PATK) as of Q1 2014, up from 74 in Q4 2013.
  • Funds reported $362M of Patrick Industries stock for Q1 2014, up 66% quarter-over-quarter.
  • 33 funds opened new Patrick Industries positions in Q1 2014 and 5 closed out, a net change of +28 holders.
  • The largest Patrick Industries buyer in Q1 2014 was Wellington Management Group, an estimated $11M added.
  • The largest Patrick Industries seller in Q1 2014 was Gendell Jeffrey L, an estimated $5.92M sold.

Based on aggregated 13F filings for Q1 2014.