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Patrick Industries

172 hedge funds and large institutions have $593M invested in Patrick Industries in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 59

6.25% less ownership

Funds ownership: 138.51%132.26% (-6.2%)

11% less funds holding

Funds holding: 194172 (-22)

43% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 46

48% less capital invested

Capital invested by funds: $1.15B → $593M (-$558M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2K

Holders
172
Holders Change
-22
Holders Change %
-11.34%
% of All Funds
3.79%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
26
Increased
54
Reduced
59
Closed
46
Calls
Puts
$2K
Net Calls
-$2K
Net Calls Change
-$1.07M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$91.5M -$4.4M -138,142 -3%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$45.5M -$4.48M -140,640 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$41M -$70.8K -2,225 -0.1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$33.4M -$905K -28,410 -2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$24.5M +$632K +19,834 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$21.5M -$3.88M -121,910 -10%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$20.2M +$14.4M +451,205 +72%
State Street
8
State Street
Massachusetts
$18.9M +$1.13M +35,532 +4%
JP Morgan Chase
9
JP Morgan Chase
New York
$17.2M -$4.4M -138,040 -13%
Goldman Sachs
10
Goldman Sachs
New York
$15.8M -$3.56M -111,707 -12%
GKIM
11
GW&K Investment Management
Massachusetts
$15.5M -$1,000K -31,398 -4%
GJL
12
Gendell Jeffrey L
$12.5M -$13.1M -410,082 -38%
Capital Research Global Investors
13
Capital Research Global Investors
California
$11.8M +$20M +627,450 New
RA
14
Royce & Associates
New York
$11.5M +$2.52M +79,071 +15%
TCM
15
TimesSquare Capital Management
New York
$10.5M -$4.95M -155,550 -22%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$9.42M +$1.07M +33,553 +7%
Northern Trust
17
Northern Trust
Illinois
$8.75M +$166K +5,212 +1%
Norges Bank
18
Norges Bank
Norway
$8.23M -$692K -21,726 -5%
Wells Fargo
19
Wells Fargo
California
$7.85M -$6.18M -194,238 -32%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$7.07M -$1.28M -40,119 -10%
GPC
21
Guardian Point Capital
Virginia
$7.04M -$2.39M -75,000 -17%
MCM
22
Matarin Capital Management
New York
$6.75M +$1.88M +59,005 +20%
Charles Schwab
23
Charles Schwab
California
$6.32M +$578K +18,167 +6%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$6.19M -$1.37M -42,957 -12%
ZCM
25
Ziegler Capital Management
Illinois
$5.5M +$9.33M +293,082 New

PATK Hedge Fund Activity: Q1 2020 in Review

172 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2020, worth a combined $593M — down 48% from $1.15B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of PATK and 26 opened new positions — a net loss of 20 holders — while 59 trimmed existing stakes and 54 added.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $20M. The largest seller was Gendell Jeffrey L, cutting an estimated $13.1M.

  • 172 institutional investors held Patrick Industries (PATK) as of Q1 2020, down from 194 in Q4 2019.
  • Funds reported $593M of Patrick Industries stock for Q1 2020, down 48% quarter-over-quarter.
  • 26 funds opened new Patrick Industries positions in Q1 2020 and 46 closed out, a net change of -20 holders.
  • The largest Patrick Industries buyer in Q1 2020 was Capital Research Global Investors, an estimated $20M added.
  • The largest Patrick Industries seller in Q1 2020 was Gendell Jeffrey L, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2020.