Patriot National, Inc.
PN
PN was delisted on the 22nd of November, 2017.
41 hedge funds and large institutions have $31M invested in Patriot National, Inc. in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 16 closing their positions.
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
15% less funds holding
Funds holding: 48 → 41 (-7)
22% less capital invested
Capital invested by funds: $39.9M → $31M (-$8.94M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$3.82M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.13M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$749K |
| 4 |
ARTA
A.R.T. Advisors
New York
|
+$600K |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.68M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.71M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
-$2.62M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$1.99M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$1.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
51
Putnam Investments
Boston,
Massachusetts
| – | -$169K | -25,170 | Closed |
|
|
PCM
52
Prelude Capital Management
New York
| – | -$111K | -16,500 | Closed |
|
|
SAM
53
Symphony Asset Management
San Francisco,
California
| – | -$102K | -15,208 | Closed |
|
54
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$84K | -12,500 | Closed |
|
55
BNP Paribas Financial Markets
Paris,
France
| – | -$12.9K | -1,930 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$6K | -860 | Closed |
|
PN Hedge Fund Activity: Q1 2016 in Review
41 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Patriot National, Inc. (PN) for Q1 2016, worth a combined $31M — down 22% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PN and 9 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 12 added.
The largest buyer was Fifth Third Bancorp, adding an estimated $3.82M. The largest seller was Citadel Advisors, exiting entirely with an estimated $4.68M sold.
- 41 institutional investors held Patriot National, Inc. (PN) as of Q1 2016, down from 48 in Q4 2015.
- Funds reported $31M of Patriot National, Inc. stock for Q1 2016, down 22% quarter-over-quarter.
- 9 funds opened new Patriot National, Inc. positions in Q1 2016 and 16 closed out, a net change of -7 holders.
- The largest Patriot National, Inc. buyer in Q1 2016 was Fifth Third Bancorp, an estimated $3.82M added.
- The largest Patriot National, Inc. seller in Q1 2016 was Citadel Advisors, an estimated $4.68M sold.
Based on aggregated 13F filings for Q1 2016.