Patrick Industries
PATK
210 hedge funds and large institutions have $1B invested in Patrick Industries in 2019 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 70 increasing their positions, 70 reducing their positions, and 36 closing their positions.
59% more capital invested
Capital invested by funds: $632M → $1B (+$372M)
16% more call options, than puts
Call options by funds: $580K | Put options by funds: $498K
5.94% more ownership
Funds ownership: 133.22% → 139.16% (+5.9%)
6% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 36
0% more funds holding
Funds holding: 210 → 210 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.6M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$11.5M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.61M |
| 4 |
GPC
Guardian Point Capital
Charlottesville,
Virginia
|
+$6.02M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.45M |
| 3 |
Renaissance Technologies
New York
|
-$6.93M |
| 4 |
Morgan Stanley
New York
|
-$6.16M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$5.11M |
PATK Hedge Fund Activity: Q1 2019 in Review
210 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2019, worth a combined $1B — up 59% from $632M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PATK positions and 36 closed out — a net gain of 2 holders — while 70 added to existing stakes and 70 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $39.6M. The largest seller was Deutsche Bank, cutting an estimated $11.6M.
- 210 institutional investors held Patrick Industries (PATK) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $1B of Patrick Industries stock for Q1 2019, up 59% quarter-over-quarter.
- 38 funds opened new Patrick Industries positions in Q1 2019 and 36 closed out, a net change of +2 holders.
- The largest Patrick Industries buyer in Q1 2019 was Wellington Management Group, an estimated $39.6M added.
- The largest Patrick Industries seller in Q1 2019 was Deutsche Bank, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2019.