Patrick Industries
PATK
216 hedge funds and large institutions have $1.82B invested in Patrick Industries in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 54 increasing their positions, 97 reducing their positions, and 28 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
27% more capital invested
Capital invested by funds: $1.44B → $1.82B (+$387M)
1.77% more ownership
Funds ownership: 134.84% → 136.6% (+1.8%)
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
0% more funds holding
Funds holding: 215 → 216 (+1)
44% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 97
86% less call options, than puts
Call options by funds: $655K | Put options by funds: $4.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.9M |
| 4 |
ER
EVR Research
Richmond,
Virginia
|
+$9.66M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
+$9.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$20.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$9.91M |
| 3 |
LCG
Lisanti Capital Growth
New York
|
-$7.73M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.13M |
| 5 |
GJL
Gendell Jeffrey L
|
-$5.63M |
PATK Hedge Fund Activity: Q1 2021 in Review
216 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q1 2021, worth a combined $1.82B — up 27% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PATK positions and 28 closed out — a net gain of 2 holders — while 54 added to existing stakes and 97 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $29.5M. The largest seller was Schroder Investment Management Group, cutting an estimated $20.5M.
- 216 institutional investors held Patrick Industries (PATK) as of Q1 2021, up from 215 in Q4 2020.
- Funds reported $1.82B of Patrick Industries stock for Q1 2021, up 27% quarter-over-quarter.
- 30 funds opened new Patrick Industries positions in Q1 2021 and 28 closed out, a net change of +2 holders.
- The largest Patrick Industries buyer in Q1 2021 was Wellington Management Group, an estimated $29.5M added.
- The largest Patrick Industries seller in Q1 2021 was Schroder Investment Management Group, an estimated $20.5M sold.
Based on aggregated 13F filings for Q1 2021.