Patrick Industries
PATK
245 hedge funds and large institutions have $1.3B invested in Patrick Industries in 2018 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 89 increasing their positions, 77 reducing their positions, and 17 closing their positions.
147% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 17
16% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 77
11% more funds holding
Funds holding: 221 → 245 (+24)
1.65% more ownership
Funds ownership: 137.08% → 138.73% (+1.6%)
9% less capital invested
Capital invested by funds: $1.44B → $1.3B (-$136M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $313K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$18.3M |
| 2 |
BlackRock
New York
|
+$12M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.01M |
| 4 |
Morgan Stanley
New York
|
+$6.54M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$27.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.3M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$20.7M |
| 4 |
Goldman Sachs
New York
|
-$18.1M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.54M |
PATK Hedge Fund Activity: Q2 2018 in Review
245 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2018, worth a combined $1.3B — down 9.5% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PATK positions and 17 closed out — a net gain of 25 holders — while 89 added to existing stakes and 77 trimmed.
The largest buyer was Millennium Management, adding an estimated $18.3M. The largest seller was Royal Bank of Canada, cutting an estimated $27.9M.
- 245 institutional investors held Patrick Industries (PATK) as of Q2 2018, up from 221 in Q1 2018.
- Funds reported $1.3B of Patrick Industries stock for Q2 2018, down 9.5% quarter-over-quarter.
- 42 funds opened new Patrick Industries positions in Q2 2018 and 17 closed out, a net change of +25 holders.
- The largest Patrick Industries buyer in Q2 2018 was Millennium Management, an estimated $18.3M added.
- The largest Patrick Industries seller in Q2 2018 was Royal Bank of Canada, an estimated $27.9M sold.
Based on aggregated 13F filings for Q2 2018.