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Patterson-UTI

257 hedge funds and large institutions have $2.17B invested in Patterson-UTI in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 111 increasing their positions, 80 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $32.4M | Put options by funds: $15.2M

39% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 80

6% less funds holding

Funds holding: 272257 (-15)

22% less capital invested

Capital invested by funds: $2.8B → $2.17B (-$628M)

29% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 49

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
257
Holders Change
-15
Holders Change %
-5.51%
% of All Funds
7.17%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
35
Increased
111
Reduced
80
Closed
49
Calls
$32.4M
Puts
$15.2M
Net Calls
+$17.3M
Net Calls Change
+$2.19M
Name Holding Trade Value Shares
Change
Change in
Stake
ARC
226
Absolute Return Capital
Massachusetts
$76K +$37.1K +2,342 +67%
Envestnet Asset Management
227
Envestnet Asset Management
Illinois
$76K +$92.1K +5,813 New
IGIM
228
I.G. Investment Management
Manitoba, Canada
$65K
LIA
229
LS Investment Advisors
Michigan
$62K
Bessemer Group
230
Bessemer Group
New Jersey
$53K -$998K -62,982 -94%
PSI
231
Pinnacle Summer Investments
Virginia
$53K +$63.9K +4,030 New
HDIM
232
Hanson & Doremus Investment Management
Vermont
$51K
OMCS
233
Old Mutual Customised Solutions
South Africa
$50K
PNC Financial Services Group
234
PNC Financial Services Group
Pennsylvania
$40K -$3.25K -205 -6%
HNB
235
Huntington National Bank
Ohio
$29K
FHA
236
First Horizon Advisors
Tennessee
$16K
W
237
Wealthfront
California
$12K +$4.29K +271 +42%
WCBA
238
Weaver C. Barksdale & Associates
Tennessee
$11K +$2.35K +148 +21%
RWM
239
Rezny Wealth Management
Florida
$10K
PFO
240
Pathstone Family Office
New Jersey
$7K
ECM
241
Estabrook Capital Management
New York
$6.57K
Fifth Third Bancorp
242
Fifth Third Bancorp
Ohio
$6K -$10.4K -654 -59%
ClearBridge Investments
243
ClearBridge Investments
New York
$6K +$2.55K +161 +60%
WTC
244
WhitTier Trust Company
Nevada
$4K
SSB
245
Sandy Spring Bank
Maryland
$4K +$4.75K +300 New
FNBT
246
FineMark National Bank & Trust
Florida
$3K -$7.92K -500 -71%
AIM
247
Advantage Investment Management
Iowa
$3K +$32 +2 +0.9%
IMS
248
Index Management Solutions
Pennsylvania
$3K +$269 +17 +7%
Manulife (Manufacturers Life Insurance)
249
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.53K -$84.8K -5,351 -3%
GAM
250
Gemmer Asset Management
California
$2K -$2.74K -173 -49%

PTEN Hedge Fund Activity: Q3 2015 in Review

257 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q3 2015, worth a combined $2.17B — down 22% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of PTEN and 35 opened new positions — a net loss of 14 holders — while 80 trimmed existing stakes and 111 added.

The largest buyer was First Pacific Advisors, opening a new position worth an estimated $62.9M. The largest seller was Millennium Management, cutting an estimated $45.1M.

  • 257 institutional investors held Patterson-UTI (PTEN) as of Q3 2015, down from 272 in Q2 2015.
  • Funds reported $2.17B of Patterson-UTI stock for Q3 2015, down 22% quarter-over-quarter.
  • 35 funds opened new Patterson-UTI positions in Q3 2015 and 49 closed out, a net change of -14 holders.
  • The largest Patterson-UTI buyer in Q3 2015 was First Pacific Advisors, an estimated $62.9M added.
  • The largest Patterson-UTI seller in Q3 2015 was Millennium Management, an estimated $45.1M sold.

Based on aggregated 13F filings for Q3 2015.