Patrick Industries
PATK
196 hedge funds and large institutions have $921M invested in Patrick Industries in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 63 reducing their positions, and 23 closing their positions.
372% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $257K
17% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 63
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
2% more funds holding
Funds holding: 192 → 196 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.98% less ownership
Funds ownership: 137.99% → 135.02% (-3%)
15% less capital invested
Capital invested by funds: $1.08B → $921M (-$157M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.03M |
| 2 |
Millennium Management
New York
|
+$5.52M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$5.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.15M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$36.8M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$22.5M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$5.44M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.27M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.11M |
PATK Hedge Fund Activity: Q3 2019 in Review
196 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2019, worth a combined $921M — down 15% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PATK positions and 23 closed out — a net gain of 4 holders — while 74 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.03M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $36.8M sold.
- 196 institutional investors held Patrick Industries (PATK) as of Q3 2019, up from 192 in Q2 2019.
- Funds reported $921M of Patrick Industries stock for Q3 2019, down 15% quarter-over-quarter.
- 27 funds opened new Patrick Industries positions in Q3 2019 and 23 closed out, a net change of +4 holders.
- The largest Patrick Industries buyer in Q3 2019 was Fidelity Investments, an estimated $8.03M added.
- The largest Patrick Industries seller in Q3 2019 was Neuberger Berman Group, an estimated $36.8M sold.
Based on aggregated 13F filings for Q3 2019.