Patriot National, Inc.
PN
PN was delisted on the 22nd of November, 2017.
40 hedge funds and large institutions have $3.94M invested in Patriot National, Inc. in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 14 closing their positions.
9% less funds holding
Funds holding: 44 → 40 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
48% less capital invested
Capital invested by funds: $7.54M → $3.94M (-$3.6M)
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
93% less call options, than puts
Call options by funds: $9K | Put options by funds: $138K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSEDCP
NJ State Employees Deferred Compensation Plan
Trenton,
New Jersey
|
+$87.9K |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$83.3K |
| 3 |
SIM
Spark Investment Management
New York
|
+$61.6K |
| 4 |
ARTA
A.R.T. Advisors
New York
|
+$36.9K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$34.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$287K |
| 2 |
JSL
JT Stratford LLC
Gainesville,
Georgia
|
-$271K |
| 3 |
State Street
Boston,
Massachusetts
|
-$182K |
| 4 |
Goldman Sachs
New York
|
-$155K |
| 5 |
Millennium Management
New York
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$11K | -5,276 | Closed |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2K | -996 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$352 | -200 | -88% |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$26 | +15 | New |
|
PN Hedge Fund Activity: Q3 2017 in Review
40 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Patriot National, Inc. (PN) for Q3 2017, worth a combined $3.94M — down 48% from $7.54M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PN and 10 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 5 added.
The largest buyer was NJ State Employees Deferred Compensation Plan, opening a new position worth an estimated $87.9K. The largest seller was Commonwealth of Pennsylvania Public School Employees Retirement System, exiting entirely with an estimated $287K sold.
- 40 institutional investors held Patriot National, Inc. (PN) as of Q3 2017, down from 44 in Q2 2017.
- Funds reported $3.94M of Patriot National, Inc. stock for Q3 2017, down 48% quarter-over-quarter.
- 10 funds opened new Patriot National, Inc. positions in Q3 2017 and 14 closed out, a net change of -4 holders.
- The largest Patriot National, Inc. buyer in Q3 2017 was NJ State Employees Deferred Compensation Plan, an estimated $87.9K added.
- The largest Patriot National, Inc. seller in Q3 2017 was Commonwealth of Pennsylvania Public School Employees Retirement System, an estimated $287K sold.
Based on aggregated 13F filings for Q3 2017.