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Patterson-UTI

368 hedge funds and large institutions have $4.65B invested in Patterson-UTI in 2024 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 125 increasing their positions, 130 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

29% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 56

7% more capital invested

Capital invested by funds: $4.34B → $4.65B (+$311M)

3% more funds holding

Funds holding: 359368 (+9)

0.71% less ownership

Funds ownership: 96.19%95.48% (-0.71%)

4% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 130

93% less call options, than puts

Call options by funds: $16.3M | Put options by funds: $236M

Holders
368
Holders Change
+9
Holders Change %
+2.51%
% of All Funds
5.3%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
72
Increased
125
Reduced
130
Closed
56
Calls
$16.3M
Puts
$236M
Net Calls
-$220M
Net Calls Change
-$66.4M
Name Holding Trade Value Shares
Change
Change in
Stake
SC
276
Syon Capital
California
$130K +$121K +10,874 New
AWM
277
AE Wealth Management
Kansas
$129K +$120K +10,839 New
S
278
SignatureFD
Georgia
$129K +$12.2K +1,094 +11%
OHIS
279
Oak Harvest Investment Services
Texas
$128K +$119K +10,726 New
VI
280
Versor Investments
New York
$127K +$118K +10,600 New
AssetMark Inc
281
AssetMark Inc
California
$125K -$8.18K -736 -7%
ECM
282
Evergreen Capital Management
Washington
$124K -$15.6K -1,402 -12%
PWM
283
Perigon Wealth Management
California
$122K -$444 -40 -0.4%
DekaBank Deutsche Girozentrale
284
DekaBank Deutsche Girozentrale
Germany
$120K
MM
285
MQS Management
New York
$119K -$182K -16,414 -62%
FFAM
286
Forge First Asset Management
Canada
$119K +$111K +10,000 New
QCG
287
Quadrant Capital Group
Ohio
$115K -$52K -4,681 -33%
KBC Group
288
KBC Group
Belgium
$111K +$20.8K +1,870 +25%
OA
289
Operose Advisors
Wisconsin
$111K +$711 +64 +0.7%
Ohio Public Employees Retirement System (OPERS)
290
Ohio Public Employees Retirement System (OPERS)
Ohio
$82.6K -$584K -52,571 -88%
FFA
291
Farther Finance Advisors
California
$81.2K -$955 -86 -1%
Amundi
292
Amundi
France
$77.1K -$208K -18,748 -74%
Osaic Holdings
293
Osaic Holdings
Arizona
$76K -$63.4K -5,710 -47%
NEI
294
Northwest & Ethical Investments
Ontario, Canada
$69.9K +$65K +5,852 New
GI
295
GAMMA Investing
California
$69.6K -$12.8K -1,156 -17%
TRCT
296
Tower Research Capital (TRC)
New York
$67.4K -$318K -28,635 -84%
Carson Wealth (CWM LLC)
297
Carson Wealth (CWM LLC)
Nebraska
$48K +$9.92K +893 +28%
CI Investments Inc
298
CI Investments Inc
Ontario, Canada
$47K +$7.86K +708 +22%
Northwestern Mutual Wealth Management
299
Northwestern Mutual Wealth Management
Wisconsin
$45.2K +$8.2K +738 +24%
PFBT
300
Parkside Financial Bank & Trust
Missouri
$41.3K +$6.25K +563 +19%

PTEN Hedge Fund Activity: Q1 2024 in Review

368 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q1 2024, worth a combined $4.65B — up 7.2% from $4.34B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new PTEN positions and 56 closed out — a net gain of 16 holders — while 125 added to existing stakes and 130 trimmed.

The largest buyer was Channing Capital Management, opening a new position worth an estimated $56.6M. The largest seller was Cerberus Capital Management, exiting entirely with an estimated $147M sold.

  • 368 institutional investors held Patterson-UTI (PTEN) as of Q1 2024, up from 359 in Q4 2023.
  • Funds reported $4.65B of Patterson-UTI stock for Q1 2024, up 7.2% quarter-over-quarter.
  • 72 funds opened new Patterson-UTI positions in Q1 2024 and 56 closed out, a net change of +16 holders.
  • The largest Patterson-UTI buyer in Q1 2024 was Channing Capital Management, an estimated $56.6M added.
  • The largest Patterson-UTI seller in Q1 2024 was Cerberus Capital Management, an estimated $147M sold.

Based on aggregated 13F filings for Q1 2024.