Patrick Industries
PATK
231 hedge funds and large institutions have $1.07B invested in Patrick Industries in 2022 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 69 increasing their positions, 95 reducing their positions, and 22 closing their positions.
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
4% more funds holding
Funds holding: 223 → 231 (+8)
0.33% less ownership
Funds ownership: 134.65% → 134.33% (-0.33%)
16% less capital invested
Capital invested by funds: $1.27B → $1.07B (-$197M)
27% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 95
75% less call options, than puts
Call options by funds: $673K | Put options by funds: $2.71M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.1M |
| 3 |
Morgan Stanley
New York
|
+$10.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.15M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.2M |
| 2 |
GPC
Guardian Point Capital
Charlottesville,
Virginia
|
-$13.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.83M |
| 4 |
RA
Royce & Associates
New York
|
-$8.08M |
| 5 |
ZCM
Ziegler Capital Management
Chicago,
Illinois
|
-$8.02M |
PATK Hedge Fund Activity: Q2 2022 in Review
231 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q2 2022, worth a combined $1.07B — down 16% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PATK positions and 22 closed out — a net gain of 13 holders — while 69 added to existing stakes and 95 trimmed.
The largest buyer was Millennium Management, adding an estimated $20.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $23.2M.
- 231 institutional investors held Patrick Industries (PATK) as of Q2 2022, up from 223 in Q1 2022.
- Funds reported $1.07B of Patrick Industries stock for Q2 2022, down 16% quarter-over-quarter.
- 35 funds opened new Patrick Industries positions in Q2 2022 and 22 closed out, a net change of +13 holders.
- The largest Patrick Industries buyer in Q2 2022 was Millennium Management, an estimated $20.6M added.
- The largest Patrick Industries seller in Q2 2022 was T. Rowe Price Associates, an estimated $23.2M sold.
Based on aggregated 13F filings for Q2 2022.