Patria Investments
159 hedge funds and large institutions have $647M invested in Patria Investments in 2026 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 56 reducing their positions, and 24 closing their positions.
67% more call options, than puts
Call options by funds: $450K | Put options by funds: $270K
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
5.53% more ownership
Funds ownership: 71.64% → 77.17% (+5.5%)
3% more funds holding
Funds holding: 154 → 159 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 56
15% less capital invested
Capital invested by funds: $757M → $647M (-$110M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZEP
Zeno Equity Partners
London,
United Kingdom
|
+$10.7M |
| 2 |
PP
Pertento Partners
London,
United Kingdom
|
+$10.2M |
| 3 |
HF
HRT Financial
New York
|
+$5.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.86M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC
Inherent Management Corp
New York
|
-$23.6M |
| 2 |
Millennium Management
New York
|
-$18.6M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$9.27M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.55M |
| 5 |
6CM
683 Capital Management
New York
|
-$5.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCMT
176
Founders Capital Management (Texas)
Houston,
Texas
| – | -$25.4K | -1,600 | Closed |
|
|
LFG
177
Larson Financial Group
St Louis,
Missouri
| – | -$9.17K | -577 | Closed |
|
|
HIM
178
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$6.51K | -410 | Closed |
|
|
FHA
179
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$6.02K | -379 | Closed |
|
|
ACM
180
Aster Capital Management
Dubai,
United Arab Emirates
| – | -$4.74K | -298 | Closed |
|
|
C
181
Covestor
London,
United Kingdom
| – | -$1.13K | -80 | -67% |
|
182
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$477 | -30 | Closed |
|
|
MIP
183
Mondrian Investment Partners
London,
United Kingdom
| – | -$279 | -18 | Closed |
|
PAX Hedge Fund Activity: Q1 2026 in Review
159 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Patria Investments (PAX) for Q1 2026, worth a combined $647M — down 15% from $757M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PAX positions and 24 closed out — a net gain of 7 holders — while 51 added to existing stakes and 56 trimmed.
The largest buyer was Zeno Equity Partners, adding an estimated $10.7M. The largest seller was Inherent Management Corp, exiting entirely with an estimated $23.6M sold.
- 159 institutional investors held Patria Investments (PAX) as of Q1 2026, up from 154 in Q4 2025.
- Funds reported $647M of Patria Investments stock for Q1 2026, down 15% quarter-over-quarter.
- 31 funds opened new Patria Investments positions in Q1 2026 and 24 closed out, a net change of +7 holders.
- The largest Patria Investments buyer in Q1 2026 was Zeno Equity Partners, an estimated $10.7M added.
- The largest Patria Investments seller in Q1 2026 was Inherent Management Corp, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2026.