Patriot National, Inc.
PN
PN was delisted on the 22nd of November, 2017.
64 hedge funds and large institutions have $25M invested in Patriot National, Inc. in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 12 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
7% more funds holding
Funds holding: 60 → 64 (+4)
50% less capital invested
Capital invested by funds: $49.6M → $25M (-$24.6M)
70% less call options, than puts
Call options by funds: $93K | Put options by funds: $310K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
+$1.07M |
| 2 |
Millennium Management
New York
|
+$813K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$404K |
| 4 |
NJBEST
New Jersey Better Educational Savings Trust
Trenton,
New Jersey
|
+$395K |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$2.34M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.19M |
| 3 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.44M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.07M |
| 5 |
Capstone Investment Advisors
New York
|
-$971K |
PN Hedge Fund Activity: Q4 2016 in Review
64 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Patriot National, Inc. (PN) for Q4 2016, worth a combined $25M — down 50% from $49.6M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PN positions and 12 closed out — a net gain of 4 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Spark Investment Management, opening a new position worth an estimated $1.07M. The largest seller was Moab Capital Partners, exiting entirely with an estimated $2.34M sold.
- 64 institutional investors held Patriot National, Inc. (PN) as of Q4 2016, up from 60 in Q3 2016.
- Funds reported $25M of Patriot National, Inc. stock for Q4 2016, down 50% quarter-over-quarter.
- 16 funds opened new Patriot National, Inc. positions in Q4 2016 and 12 closed out, a net change of +4 holders.
- The largest Patriot National, Inc. buyer in Q4 2016 was Spark Investment Management, an estimated $1.07M added.
- The largest Patriot National, Inc. seller in Q4 2016 was Moab Capital Partners, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2016.