Patterson-UTI
PTEN
328 hedge funds and large institutions have $3.84B invested in Patterson-UTI in 2018 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 119 increasing their positions, 120 reducing their positions, and 41 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 41
1% more capital invested
Capital invested by funds: $3.8B → $3.84B (+$34.9M)
0% more funds holding
Funds holding: 327 → 328 (+1)
1% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 120
1.55% less ownership
Funds ownership: 97.67% → 96.12% (-1.5%)
31% less call options, than puts
Call options by funds: $5.33M | Put options by funds: $7.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$126M |
| 2 |
AIM
Assured Investment Management
New York
|
+$53.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$45.2M |
| 4 |
CHP
Castle Hook Partners
New York
|
+$29.9M |
| 5 |
1SAMC
12th Street Asset Management Company
Nashville,
Tennessee
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$83.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$62.4M |
| 3 |
BCM
Brenham Capital Management
Dallas,
Texas
|
-$26.3M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$25.8M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$24.4M |
PTEN Hedge Fund Activity: Q2 2018 in Review
328 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q2 2018, worth a combined $3.84B — up 0.92% from $3.8B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PTEN positions and 41 closed out — a net gain of 1 holder — while 119 added to existing stakes and 120 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $126M. The largest seller was Millennium Management, cutting an estimated $83.2M.
- 328 institutional investors held Patterson-UTI (PTEN) as of Q2 2018, up from 327 in Q1 2018.
- Funds reported $3.84B of Patterson-UTI stock for Q2 2018, up 0.92% quarter-over-quarter.
- 42 funds opened new Patterson-UTI positions in Q2 2018 and 41 closed out, a net change of +1 holder.
- The largest Patterson-UTI buyer in Q2 2018 was Viking Global Investors, an estimated $126M added.
- The largest Patterson-UTI seller in Q2 2018 was Millennium Management, an estimated $83.2M sold.
Based on aggregated 13F filings for Q2 2018.