Patrick Industries
PATK
170 hedge funds and large institutions have $846M invested in Patrick Industries in 2016 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 58 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
14% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 58
8% more funds holding
Funds holding: 157 → 170 (+13)
5% more capital invested
Capital invested by funds: $805M → $846M (+$41.3M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $620K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$41.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.93M |
| 3 |
Goldman Sachs
New York
|
+$7.83M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.75M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$12.9M |
| 2 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$12.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.3M |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$5.5M |
PATK Hedge Fund Activity: Q3 2016 in Review
170 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2016, worth a combined $846M — up 5.1% from $805M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PATK positions and 20 closed out — a net gain of 14 holders — while 66 added to existing stakes and 58 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $41.6M. The largest seller was Gendell Jeffrey L, cutting an estimated $12.9M.
- 170 institutional investors held Patrick Industries (PATK) as of Q3 2016, up from 157 in Q2 2016.
- Funds reported $846M of Patrick Industries stock for Q3 2016, up 5.1% quarter-over-quarter.
- 34 funds opened new Patrick Industries positions in Q3 2016 and 20 closed out, a net change of +14 holders.
- The largest Patrick Industries buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $41.6M added.
- The largest Patrick Industries seller in Q3 2016 was Gendell Jeffrey L, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2016.