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Patterson-UTI

268 hedge funds and large institutions have $1.76B invested in Patterson-UTI in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 81 increasing their positions, 106 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.5% more ownership

Funds ownership: 95.89%101.38% (+5.5%)

4% less funds holding

Funds holding: 278268 (-10)

15% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 53

24% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 106

24% less capital invested

Capital invested by funds: $2.3B → $1.76B (-$548M)

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

77% less call options, than puts

Call options by funds: $2.65M | Put options by funds: $11.7M

Holders
268
Holders Change
-10
Holders Change %
-3.6%
% of All Funds
5.88%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.02%
New
45
Increased
81
Reduced
106
Closed
53
Calls
$2.65M
Puts
$11.7M
Net Calls
-$9.04M
Net Calls Change
+$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
251
Carson Wealth (CWM LLC)
Nebraska
$3K
HGWM
252
Harvest Group Wealth Management
Massachusetts
$3K +$2.12K +216 +254%
JFA
253
JNBA Financial Advisors
Minnesota
$3K +$3.64K +371 New
LTFS
254
Ladenburg Thalmann Financial Services
Florida
$2K -$47.5K -4,848 -95%
EARNEST Partners
255
EARNEST Partners
Georgia
$2K
GAM
256
Gemmer Asset Management
California
$2K +$520 +53 +24%
TWA
257
TCI Wealth Advisors
Arizona
$1K -$1.92K -196 -75%
CA
258
Centerpoint Advisors
Massachusetts
$1K
HR
259
Howe & Rusling
New York
$1K
PFGIA
260
Patriot Financial Group Insurance Agency
Massachusetts
$1K
WT
261
Whittier Trust
California
$1K
PCG
262
Private Capital Group
Connecticut
$1K +$1.64K +167 New
GT
263
Glenmede Trust
Pennsylvania
$17 -$27.4K -2,794 -57%
SO
264
STRS Ohio
Ohio
-$23M -1,994,816 Closed
Bank of Nova Scotia
265
Bank of Nova Scotia
Ontario, Canada
-$6.01M -521,789 Closed
GLA
266
Great Lakes Advisors
Illinois
-$5.12M -444,794 Closed
Point72 Asset Management
267
Point72 Asset Management
Connecticut
-$4.25M -368,800 Closed
Mackenzie Financial
268
Mackenzie Financial
Ontario, Canada
-$4.09M -355,000 Closed
KTA
269
Keeley-Teton Advisors
Illinois
-$3.6M -312,767 Closed
BCMNY
270
Buckingham Capital Management (New York)
New York
-$3.35M -291,177 Closed
TCM
271
Tygh Capital Management
Oregon
-$2.61M -227,068 Closed
CP
272
Covalent Partners
Massachusetts
-$2.46M -214,057 Closed
KWILP
273
Kiwi Wealth Investments Limited Partnership
New Zealand
-$2.25M -195,580 Closed
DGHMC
274
Dalton, Greiner, Hartman, Maher & Co
New York
-$2.15M -186,735 Closed
ERSOT
275
Employees Retirement System of Texas
Texas
-$1.82M -158,000 Closed

PTEN Hedge Fund Activity: Q3 2019 in Review

268 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q3 2019, worth a combined $1.76B — down 24% from $2.3B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of PTEN and 45 opened new positions — a net loss of 8 holders — while 106 trimmed existing stakes and 81 added.

The largest buyer was Renaissance Technologies, adding an estimated $32.9M. The largest seller was STRS Ohio, exiting entirely with an estimated $23M sold.

  • 268 institutional investors held Patterson-UTI (PTEN) as of Q3 2019, down from 278 in Q2 2019.
  • Funds reported $1.76B of Patterson-UTI stock for Q3 2019, down 24% quarter-over-quarter.
  • 45 funds opened new Patterson-UTI positions in Q3 2019 and 53 closed out, a net change of -8 holders.
  • The largest Patterson-UTI buyer in Q3 2019 was Renaissance Technologies, an estimated $32.9M added.
  • The largest Patterson-UTI seller in Q3 2019 was STRS Ohio, an estimated $23M sold.

Based on aggregated 13F filings for Q3 2019.