Patrick Industries
PATK
111 hedge funds and large institutions have $352M invested in Patrick Industries in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 41 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
3% more funds holding
Funds holding: 108 → 111 (+3)
10% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 41
9% less capital invested
Capital invested by funds: $385M → $352M (-$33.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$8.55M |
| 2 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
+$7.02M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.51M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.65M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.83M |
| 2 |
GJL
Gendell Jeffrey L
|
-$4.99M |
| 3 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$3.9M |
| 4 |
Renaissance Technologies
New York
|
-$2.8M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.69M |
PATK Hedge Fund Activity: Q3 2014 in Review
111 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2014, worth a combined $352M — down 8.7% from $385M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PATK positions and 13 closed out — a net gain of 3 holders — while 37 added to existing stakes and 41 trimmed.
The largest buyer was SG Capital Management, opening a new position worth an estimated $8.55M. The largest seller was Driehaus Capital Management, cutting an estimated $6.83M.
- 111 institutional investors held Patrick Industries (PATK) as of Q3 2014, up from 108 in Q2 2014.
- Funds reported $352M of Patrick Industries stock for Q3 2014, down 8.7% quarter-over-quarter.
- 16 funds opened new Patrick Industries positions in Q3 2014 and 13 closed out, a net change of +3 holders.
- The largest Patrick Industries buyer in Q3 2014 was SG Capital Management, an estimated $8.55M added.
- The largest Patrick Industries seller in Q3 2014 was Driehaus Capital Management, an estimated $6.83M sold.
Based on aggregated 13F filings for Q3 2014.