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Patterson-UTI

278 hedge funds and large institutions have $2.3B invested in Patterson-UTI in 2019 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 91 increasing their positions, 118 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.07% more ownership

Funds ownership: 95.82%95.89% (+0.07%)

8% less funds holding

Funds holding: 303278 (-25)

20% less capital invested

Capital invested by funds: $2.87B → $2.3B (-$567M)

23% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 118

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

38% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 55

82% less call options, than puts

Call options by funds: $2.21M | Put options by funds: $12.4M

Holders
278
Holders Change
-25
Holders Change %
-8.25%
% of All Funds
6.04%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.09%
New
34
Increased
91
Reduced
118
Closed
55
Calls
$2.21M
Puts
$12.4M
Net Calls
-$10.2M
Net Calls Change
-$9.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Rockefeller Capital Management
251
Rockefeller Capital Management
New York
$14K +$6.72K +522 +73%
SPIA
252
Steward Partners Investment Advisory
New York
$13K -$164K -12,740 -91%
PB
253
Pinnacle Bancorp
Nebraska
$12K
ASN
254
Advisory Services Network
Georgia
$12K +$13.6K +1,060 New
CIA
255
CSat Investment Advisory
Michigan
$12K +$13.7K +1,062 New
NCM
256
Next Capital Management
New York
$6K +$6.77K +526 New
ECM
257
Estabrook Capital Management
New York
$5.75K
PA
258
Parallel Advisors
California
$5K -$25.1K -1,948 -82%
LC
259
Lindbrook Capital
California
$4K -$1.12K -87 -17%
BCA
260
Berman Capital Advisors
Georgia
$4K
CAW
261
Cornerstone Advisors (Washington)
Washington
$4K +$4.67K +363 New
GAM
262
Gemmer Asset Management
California
$3K -$2.17K -169 -43%
Carson Wealth (CWM LLC)
263
Carson Wealth (CWM LLC)
Nebraska
$3K
TWA
264
TCI Wealth Advisors
Arizona
$3K
PCP
265
Proficio Capital Partners
Massachusetts
$2K -$734 -57 -21%
EARNEST Partners
266
EARNEST Partners
Georgia
$2K
PFBT
267
Parkside Financial Bank & Trust
Missouri
$2K +$1.7K +132 New
PFGIA
268
Patriot Financial Group Insurance Agency
Massachusetts
$1K -$2.57K -200 -67%
HR
269
Howe & Rusling
New York
$1K -$13 -1 -1%
CA
270
Centerpoint Advisors
Massachusetts
$1K
TCA
271
Tortoise Capital Advisors
Kansas
$1K
WT
272
Whittier Trust
California
$1K
GT
273
Glenmede Trust
Pennsylvania
$55 -$5.7K -443 -8%
IECM
274
Intrinsic Edge Capital Management
Illinois
-$13.8M -985,766 Closed
ACM
275
Arosa Capital Management
Florida
-$10.9M -775,000 Closed

PTEN Hedge Fund Activity: Q2 2019 in Review

278 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q2 2019, worth a combined $2.3B — down 20% from $2.87B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of PTEN and 34 opened new positions — a net loss of 21 holders — while 118 trimmed existing stakes and 91 added.

The largest buyer was Renaissance Technologies, adding an estimated $38.1M. The largest seller was KGH Ltd, cutting an estimated $50.5M.

  • 278 institutional investors held Patterson-UTI (PTEN) as of Q2 2019, down from 303 in Q1 2019.
  • Funds reported $2.3B of Patterson-UTI stock for Q2 2019, down 20% quarter-over-quarter.
  • 34 funds opened new Patterson-UTI positions in Q2 2019 and 55 closed out, a net change of -21 holders.
  • The largest Patterson-UTI buyer in Q2 2019 was Renaissance Technologies, an estimated $38.1M added.
  • The largest Patterson-UTI seller in Q2 2019 was KGH Ltd, an estimated $50.5M sold.

Based on aggregated 13F filings for Q2 2019.