Patrick Industries
PATK
192 hedge funds and large institutions have $1.08B invested in Patrick Industries in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 80 reducing their positions, and 31 closing their positions.
7% more capital invested
Capital invested by funds: $1B → $1.08B (+$74.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.16% less ownership
Funds ownership: 139.16% → 137.99% (-1.2%)
9% less funds holding
Funds holding: 210 → 192 (-18)
20% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 80
45% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 31
60% less call options, than puts
Call options by funds: $237K | Put options by funds: $590K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$32M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$19.5M |
| 3 |
RA
Royce & Associates
New York
|
+$9.69M |
| 4 |
Neuberger Berman Group
New York
|
+$7.27M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$12.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.5M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$10M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.53M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.21M |
PATK Hedge Fund Activity: Q2 2019 in Review
192 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2019, worth a combined $1.08B — up 7.4% from $1B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PATK and 17 opened new positions — a net loss of 14 holders — while 80 trimmed existing stakes and 64 added.
The largest buyer was Wellington Management Group, adding an estimated $32M. The largest seller was Waratah Capital Advisors, exiting entirely with an estimated $12.6M sold.
- 192 institutional investors held Patrick Industries (PATK) as of Q2 2019, down from 210 in Q1 2019.
- Funds reported $1.08B of Patrick Industries stock for Q2 2019, up 7.4% quarter-over-quarter.
- 17 funds opened new Patrick Industries positions in Q2 2019 and 31 closed out, a net change of -14 holders.
- The largest Patrick Industries buyer in Q2 2019 was Wellington Management Group, an estimated $32M added.
- The largest Patrick Industries seller in Q2 2019 was Waratah Capital Advisors, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2019.