Patriot National, Inc.
PN
PN was delisted on the 22nd of November, 2017.
60 hedge funds and large institutions have $50M invested in Patriot National, Inc. in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 9 reducing their positions, and 12 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 9
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
9% more funds holding
Funds holding: 55 → 60 (+5)
6% more capital invested
Capital invested by funds: $47.4M → $50M (+$2.61M)
53% less call options, than puts
Call options by funds: $144K | Put options by funds: $305K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$1.88M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.64M |
| 3 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.39M |
| 4 |
PCM
Pyrrho Capital Management
New York
|
+$1.14M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$11.3M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$2.92M |
| 3 |
Two Sigma Advisers
New York
|
-$520K |
| 4 |
SIM
Spark Investment Management
New York
|
-$433K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$408K |
PN Hedge Fund Activity: Q3 2016 in Review
60 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Patriot National, Inc. (PN) for Q3 2016, worth a combined $50M — up 5.5% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PN positions and 12 closed out — a net gain of 5 holders — while 24 added to existing stakes and 9 trimmed.
The largest buyer was Moab Capital Partners, adding an estimated $1.88M. The largest seller was Hudson Bay Capital Management, cutting an estimated $11.3M.
- 60 institutional investors held Patriot National, Inc. (PN) as of Q3 2016, up from 55 in Q2 2016.
- Funds reported $50M of Patriot National, Inc. stock for Q3 2016, up 5.5% quarter-over-quarter.
- 17 funds opened new Patriot National, Inc. positions in Q3 2016 and 12 closed out, a net change of +5 holders.
- The largest Patriot National, Inc. buyer in Q3 2016 was Moab Capital Partners, an estimated $1.88M added.
- The largest Patriot National, Inc. seller in Q3 2016 was Hudson Bay Capital Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2016.