Patterson-UTI
PTEN
272 hedge funds and large institutions have $2.8B invested in Patterson-UTI in 2015 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 106 increasing their positions, 82 reducing their positions, and 42 closing their positions.
98% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $15.5M
36% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 42
29% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 82
5% more funds holding
Funds holding: 258 → 272 (+14)
1% more capital invested
Capital invested by funds: $2.78B → $2.8B (+$15.3M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| 1 |
Jennison Associates
New York
|
+$53.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$49M |
| 3 |
Millennium Management
New York
|
+$45.5M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$31.2M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$28.7M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$60.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$52.7M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$44.1M |
| 4 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$39.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$36.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NMIMC
301
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
| – | -$153K | -8,170 | Closed |
|
302
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$101K | -5,400 | Closed |
|
|
PSI
303
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$76K | -4,030 | Closed |
|
304
Simplex Trading
Chicago,
Illinois
| – | -$68.9K | -3,323 | Closed |
|
|
AW
305
Alpha Windward
Westwood,
Massachusetts
| – | -$28K | -1,477 | Closed |
|
|
IC
306
Intersect Capital
San Ramon,
California
| – | -$18K | -785 | Closed |
|
|
TNB
307
Thomasville National Bank
Thomasville,
Georgia
| – | -$10K | -550 | Closed |
|
|
ST
308
Spot Trading
Chicago,
Illinois
| – | -$5.5K | -265 | -97% |
|
|
EFSCE
309
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$2K | -95 | Closed |
|
310
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -42 | Closed |
|
311
Point72 Asset Management
Stamford,
Connecticut
| – | +$21 | +1 | New |
|
PTEN Hedge Fund Activity: Q2 2015 in Review
272 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q2 2015, worth a combined $2.8B — up 0.55% from $2.78B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PTEN positions and 42 closed out — a net gain of 15 holders — while 106 added to existing stakes and 82 trimmed.
The largest buyer was Jennison Associates, adding an estimated $53.1M. The largest seller was Citadel Advisors, cutting an estimated $60.2M.
- 272 institutional investors held Patterson-UTI (PTEN) as of Q2 2015, up from 258 in Q1 2015.
- Funds reported $2.8B of Patterson-UTI stock for Q2 2015, up 0.55% quarter-over-quarter.
- 57 funds opened new Patterson-UTI positions in Q2 2015 and 42 closed out, a net change of +15 holders.
- The largest Patterson-UTI buyer in Q2 2015 was Jennison Associates, an estimated $53.1M added.
- The largest Patterson-UTI seller in Q2 2015 was Citadel Advisors, an estimated $60.2M sold.
Based on aggregated 13F filings for Q2 2015.