Patrick Industries
PATK
108 hedge funds and large institutions have $384M invested in Patrick Industries in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
7% more funds holding
Funds holding: 101 → 108 (+7)
6% more capital invested
Capital invested by funds: $362M → $384M (+$22.7M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| 1 |
SC
Spitfire Capital
Mill Valley,
California
|
+$4.77M |
| 2 |
FIM
Foresters Investment Management
New York
|
+$2.57M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.23M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.88M |
| 5 |
JP Morgan Chase
New York
|
+$1.84M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13M |
| 2 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$1.83M |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.59M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.56M |
| 5 |
GJL
Gendell Jeffrey L
|
-$1.01M |
PATK Hedge Fund Activity: Q2 2014 in Review
108 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2014, worth a combined $384M — up 6.3% from $362M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PATK positions and 9 closed out — a net gain of 7 holders — while 51 added to existing stakes and 32 trimmed.
The largest buyer was Spitfire Capital, adding an estimated $4.77M. The largest seller was Wellington Management Group, exiting entirely with an estimated $13M sold.
- 108 institutional investors held Patrick Industries (PATK) as of Q2 2014, up from 101 in Q1 2014.
- Funds reported $384M of Patrick Industries stock for Q2 2014, up 6.3% quarter-over-quarter.
- 16 funds opened new Patrick Industries positions in Q2 2014 and 9 closed out, a net change of +7 holders.
- The largest Patrick Industries buyer in Q2 2014 was Spitfire Capital, an estimated $4.77M added.
- The largest Patrick Industries seller in Q2 2014 was Wellington Management Group, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2014.