Patrick Industries
PATK
157 hedge funds and large institutions have $805M invested in Patrick Industries in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
37% more capital invested
Capital invested by funds: $589M → $805M (+$216M)
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
15% more funds holding
Funds holding: 137 → 157 (+20)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$18.4M |
| 2 |
TA
Teachers Advisors
New York
|
+$6.25M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.04M |
| 4 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$3.1M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$11.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.67M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$5.17M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.93M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$3.32M |
PATK Hedge Fund Activity: Q2 2016 in Review
157 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2016, worth a combined $805M — up 37% from $589M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PATK positions and 11 closed out — a net gain of 21 holders — while 61 added to existing stakes and 48 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $18.4M. The largest seller was RK Capital Management (Colorado), cutting an estimated $11.2M.
- 157 institutional investors held Patrick Industries (PATK) as of Q2 2016, up from 137 in Q1 2016.
- Funds reported $805M of Patrick Industries stock for Q2 2016, up 37% quarter-over-quarter.
- 32 funds opened new Patrick Industries positions in Q2 2016 and 11 closed out, a net change of +21 holders.
- The largest Patrick Industries buyer in Q2 2016 was PNC Financial Services Group, an estimated $18.4M added.
- The largest Patrick Industries seller in Q2 2016 was RK Capital Management (Colorado), an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2016.