Patterson-UTI
PTEN
233 hedge funds and large institutions have $977M invested in Patterson-UTI in 2020 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 61 increasing their positions, 99 reducing their positions, and 28 closing their positions.
137% more call options, than puts
Call options by funds: $896K | Put options by funds: $378K
92% more capital invested
Capital invested by funds: $508M → $977M (+$469M)
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
4% more funds holding
Funds holding: 225 → 233 (+8)
2.77% more ownership
Funds ownership: 95.99% → 98.76% (+2.8%)
38% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.47M |
| 3 |
JP Morgan Chase
New York
|
+$5.5M |
| 4 |
BlackRock
New York
|
+$4.61M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$12.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.23M |
| 3 |
Renaissance Technologies
New York
|
-$4.84M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.84M |
| 5 |
KBG
Kahn Brothers Group
New York
|
-$4.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Simplex Trading
Chicago,
Illinois
| – | -$2.18K | -554 | Closed |
|
|
CI
252
CX Institutional
Auburn,
Indiana
| – | -$1K | -234 | Closed |
|
|
FGAM
253
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$20 | +5 | New |
|
|
FPS
254
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | +$118 | +30 | New |
|
|
PWPS
255
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | +$157 | +40 | New |
|
|
TCWA
256
Ten Capital Wealth Advisors
Spokane,
Washington
| – | +$157 | +40 | New |
|
257
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$197 | +50 | New |
|
PTEN Hedge Fund Activity: Q4 2020 in Review
233 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2020, worth a combined $977M — up 92% from $508M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PTEN positions and 28 closed out — a net gain of 9 holders — while 61 added to existing stakes and 99 trimmed.
The largest buyer was Vanguard Group, adding an estimated $15M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $12.1M sold.
- 233 institutional investors held Patterson-UTI (PTEN) as of Q4 2020, up from 225 in Q3 2020.
- Funds reported $977M of Patterson-UTI stock for Q4 2020, up 92% quarter-over-quarter.
- 37 funds opened new Patterson-UTI positions in Q4 2020 and 28 closed out, a net change of +9 holders.
- The largest Patterson-UTI buyer in Q4 2020 was Vanguard Group, an estimated $15M added.
- The largest Patterson-UTI seller in Q4 2020 was Massachusetts Financial Services, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2020.