Patrick Industries
PATK
194 hedge funds and large institutions have $1.15B invested in Patrick Industries in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 77 reducing their positions, and 26 closing their positions.
25% more capital invested
Capital invested by funds: $921M → $1.15B (+$229M)
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
3.49% more ownership
Funds ownership: 135.02% → 138.51% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 196 → 194 (-2)
21% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$27.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.05M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.51M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.01M |
| 5 |
Millennium Management
New York
|
+$5.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.6M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$5.16M |
| 3 |
GJL
Gendell Jeffrey L
|
-$5.07M |
| 4 |
MCM
Matarin Capital Management
New York
|
-$4.51M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.08M |
PATK Hedge Fund Activity: Q4 2019 in Review
194 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q4 2019, worth a combined $1.15B — up 25% from $921M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PATK positions and 26 closed out — a net gain of 3 holders — while 61 added to existing stakes and 77 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $27.2M. The largest seller was Royal Bank of Canada, cutting an estimated $10.6M.
- 194 institutional investors held Patrick Industries (PATK) as of Q4 2019, down from 196 in Q3 2019.
- Funds reported $1.15B of Patrick Industries stock for Q4 2019, up 25% quarter-over-quarter.
- 29 funds opened new Patrick Industries positions in Q4 2019 and 26 closed out, a net change of +3 holders.
- The largest Patrick Industries buyer in Q4 2019 was Goldman Sachs, an estimated $27.2M added.
- The largest Patrick Industries seller in Q4 2019 was Royal Bank of Canada, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2019.