Patrick Industries
PATK
205 hedge funds and large institutions have $1.21B invested in Patrick Industries in 2020 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 78 reducing their positions, and 20 closing their positions.
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
5% more funds holding
Funds holding: 195 → 205 (+10)
2.78% less ownership
Funds ownership: 136.86% → 134.08% (-2.8%)
8% less capital invested
Capital invested by funds: $1.31B → $1.21B (-$107M)
24% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 78
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
96% less call options, than puts
Call options by funds: $9K | Put options by funds: $237K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$17M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$12.1M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$12M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$4.71M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$18.4M |
| 2 |
Goldman Sachs
New York
|
-$13.2M |
| 3 |
BlackRock
New York
|
-$7.6M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$7.04M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.76M |
PATK Hedge Fund Activity: Q3 2020 in Review
205 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2020, worth a combined $1.21B — down 8.2% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PATK positions and 20 closed out — a net gain of 12 holders — while 59 added to existing stakes and 78 trimmed.
The largest buyer was Loomis, Sayles & Company, adding an estimated $17M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $18.4M sold.
- 205 institutional investors held Patrick Industries (PATK) as of Q3 2020, up from 195 in Q2 2020.
- Funds reported $1.21B of Patrick Industries stock for Q3 2020, down 8.2% quarter-over-quarter.
- 32 funds opened new Patrick Industries positions in Q3 2020 and 20 closed out, a net change of +12 holders.
- The largest Patrick Industries buyer in Q3 2020 was Loomis, Sayles & Company, an estimated $17M added.
- The largest Patrick Industries seller in Q3 2020 was TimesSquare Capital Management, an estimated $18.4M sold.
Based on aggregated 13F filings for Q3 2020.