Patterson-UTI
PTEN
215 hedge funds and large institutions have $1.64B invested in Patterson-UTI in 2021 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 76 reducing their positions, and 21 closing their positions.
127% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $620K
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
0% more funds holding
Funds holding: 214 → 215 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 76
1.31% less ownership
Funds ownership: 97.8% → 96.49% (-1.3%)
10% less capital invested
Capital invested by funds: $1.83B → $1.64B (-$189M)
Top Buyers
| 1 |
Millennium Management
New York
|
+$14.2M |
| 2 |
VanEck Associates
New York
|
+$8.72M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$3.71M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$3.54M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.16M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.3M |
| 2 |
Renaissance Technologies
New York
|
-$10.2M |
| 3 |
BlackRock
New York
|
-$7.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.85M |
| 5 |
Two Sigma Advisers
New York
|
-$3.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
226
Global Retirement Partners
San Rafael,
California
| – | -$50K | -5,000 | Closed |
|
|
PCM
227
Pinz Capital Management
New York
| – | -$24K | -2,400 | Closed |
|
228
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$21K | -2,070 | Closed |
|
|
PAM
229
Panagora Asset Management
Boston,
Massachusetts
| – | -$19K | -1,900 | Closed |
|
|
CFB
230
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$3K | -300 | Closed |
|
PTEN Hedge Fund Activity: Q3 2021 in Review
215 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q3 2021, worth a combined $1.64B — down 10% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PTEN positions and 21 closed out — a net gain of 4 holders — while 73 added to existing stakes and 76 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.2M. The largest seller was Invesco, cutting an estimated $12.3M.
- 215 institutional investors held Patterson-UTI (PTEN) as of Q3 2021, up from 214 in Q2 2021.
- Funds reported $1.64B of Patterson-UTI stock for Q3 2021, down 10% quarter-over-quarter.
- 25 funds opened new Patterson-UTI positions in Q3 2021 and 21 closed out, a net change of +4 holders.
- The largest Patterson-UTI buyer in Q3 2021 was Millennium Management, an estimated $14.2M added.
- The largest Patterson-UTI seller in Q3 2021 was Invesco, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2021.