Patterson-UTI
PTEN
337 hedge funds and large institutions have $4.64B invested in Patterson-UTI in 2014 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 108 increasing their positions, 137 reducing their positions, and 27 closing their positions.
89% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 27
18% more call options, than puts
Call options by funds: $16.4M | Put options by funds: $13.8M
11% more capital invested
Capital invested by funds: $4.19B → $4.64B (+$456M)
7% more funds holding
Funds holding: 314 → 337 (+23)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
21% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
THSP
Taube Hodson Stonex Partners
London,
United Kingdom
|
+$53.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$47.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$44.4M |
| 4 |
CCI
Columbus Circle Investors
|
+$30.2M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$96.8M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$76.6M |
| 3 |
Two Sigma Investments
New York
|
-$56.2M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$32.8M |
| 5 |
Renaissance Technologies
New York
|
-$26M |
PTEN Hedge Fund Activity: Q2 2014 in Review
337 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q2 2014, worth a combined $4.64B — up 11% from $4.19B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PTEN positions and 27 closed out — a net gain of 24 holders — while 108 added to existing stakes and 137 trimmed.
The largest buyer was Taube Hodson Stonex Partners, opening a new position worth an estimated $53.8M. The largest seller was Wellington Management Group, cutting an estimated $96.8M.
- 337 institutional investors held Patterson-UTI (PTEN) as of Q2 2014, up from 314 in Q1 2014.
- Funds reported $4.64B of Patterson-UTI stock for Q2 2014, up 11% quarter-over-quarter.
- 51 funds opened new Patterson-UTI positions in Q2 2014 and 27 closed out, a net change of +24 holders.
- The largest Patterson-UTI buyer in Q2 2014 was Taube Hodson Stonex Partners, an estimated $53.8M added.
- The largest Patterson-UTI seller in Q2 2014 was Wellington Management Group, an estimated $96.8M sold.
Based on aggregated 13F filings for Q2 2014.