Patrick Industries
PATK
235 hedge funds and large institutions have $1.55B invested in Patrick Industries in 2023 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 57 increasing their positions, 96 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
5% more funds holding
Funds holding: 223 → 235 (+12)
0.4% less ownership
Funds ownership: 140.25% → 139.84% (-0.4%)
7% less capital invested
Capital invested by funds: $1.67B → $1.55B (-$114M)
41% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 96
75% less call options, than puts
Call options by funds: $2.15M | Put options by funds: $8.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$25M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$10.1M |
| 3 |
Morgan Stanley
New York
|
+$5.03M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.77M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$16.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.6M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$12.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.86M |
| 5 |
RA
Royce & Associates
New York
|
-$3.18M |
PATK Hedge Fund Activity: Q3 2023 in Review
235 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Patrick Industries (PATK) for Q3 2023, worth a combined $1.55B — down 6.8% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PATK positions and 18 closed out — a net gain of 13 holders — while 57 added to existing stakes and 96 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $25M. The largest seller was BlackRock, cutting an estimated $16.8M.
- 235 institutional investors held Patrick Industries (PATK) as of Q3 2023, up from 223 in Q2 2023.
- Funds reported $1.55B of Patrick Industries stock for Q3 2023, down 6.8% quarter-over-quarter.
- 31 funds opened new Patrick Industries positions in Q3 2023 and 18 closed out, a net change of +13 holders.
- The largest Patrick Industries buyer in Q3 2023 was Pacer Advisors, an estimated $25M added.
- The largest Patrick Industries seller in Q3 2023 was BlackRock, an estimated $16.8M sold.
Based on aggregated 13F filings for Q3 2023.