Patria Investments
156 hedge funds and large institutions have $759M invested in Patria Investments in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 67 increasing their positions, 47 reducing their positions, and 7 closing their positions.
766% more call options, than puts
Call options by funds: $2.66M | Put options by funds: $307K
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
43% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 47
15% more capital invested
Capital invested by funds: $662M → $759M (+$97.4M)
4% more funds holding
Funds holding: 150 → 156 (+6)
3.68% more ownership
Funds ownership: 68.13% → 71.81% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$9.09M |
| 2 |
ZEP
Zeno Equity Partners
London,
United Kingdom
|
+$8.84M |
| 3 |
PP
Pertento Partners
London,
United Kingdom
|
+$7.65M |
| 4 |
Millennium Management
New York
|
+$7.36M |
| 5 |
BlackRock
New York
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Amitell Capital
Singapore
|
-$5.83M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$4.4M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$3.37M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.69M |
PAX Hedge Fund Activity: Q4 2025 in Review
156 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Patria Investments (PAX) for Q4 2025, worth a combined $759M — up 15% from $662M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PAX positions and 7 closed out — a net gain of 7 holders — while 67 added to existing stakes and 47 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $9.09M. The largest seller was Amitell Capital, exiting entirely with an estimated $5.83M sold.
- 156 institutional investors held Patria Investments (PAX) as of Q4 2025, up from 150 in Q3 2025.
- Funds reported $759M of Patria Investments stock for Q4 2025, up 15% quarter-over-quarter.
- 14 funds opened new Patria Investments positions in Q4 2025 and 7 closed out, a net change of +7 holders.
- The largest Patria Investments buyer in Q4 2025 was AllianceBernstein, an estimated $9.09M added.
- The largest Patria Investments seller in Q4 2025 was Amitell Capital, an estimated $5.83M sold.
Based on aggregated 13F filings for Q4 2025.