Patria Investments
148 hedge funds and large institutions have $660M invested in Patria Investments in 2025 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 42 reducing their positions, and 18 closing their positions.
307% more call options, than puts
Call options by funds: $4.67M | Put options by funds: $1.15M
36% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 42
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
7% more capital invested
Capital invested by funds: $615M → $660M (+$44.6M)
3% more funds holding
Funds holding: 143 → 148 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4.22% less ownership
Funds ownership: 72.18% → 67.96% (-4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Mizuho Markets Americas
New York
|
+$21M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 3 |
PP
Pertento Partners
London,
United Kingdom
|
+$9.15M |
| 4 |
BlackRock
New York
|
+$6.84M |
| 5 |
Goldman Sachs
New York
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$13.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$7.14M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$5.83M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$4.57M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$3.75M |
PAX Hedge Fund Activity: Q3 2025 in Review
148 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Patria Investments (PAX) for Q3 2025, worth a combined $660M — up 7.2% from $615M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PAX positions and 18 closed out — a net gain of 5 holders — while 57 added to existing stakes and 42 trimmed.
The largest buyer was Mizuho Markets Americas, opening a new position worth an estimated $21M. The largest seller was UBS Group, cutting an estimated $13.2M.
- 148 institutional investors held Patria Investments (PAX) as of Q3 2025, up from 143 in Q2 2025.
- Funds reported $660M of Patria Investments stock for Q3 2025, up 7.2% quarter-over-quarter.
- 23 funds opened new Patria Investments positions in Q3 2025 and 18 closed out, a net change of +5 holders.
- The largest Patria Investments buyer in Q3 2025 was Mizuho Markets Americas, an estimated $21M added.
- The largest Patria Investments seller in Q3 2025 was UBS Group, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2025.