We are live on ! Find out more
PTEN icon

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
SAM
351
Smartleaf Asset Management
Massachusetts
$1.21K +$678 +61 +156%
NA
352
NewEdge Advisors
Louisiana
$1.13K
PWMG
353
Private Wealth Management Group
New Jersey
$1.01K
AW
354
Avion Wealth
Texas
$1K +$44 +4 +9%
AWM
355
Avior Wealth Management
Nebraska
$811 +$755 +68 New
WWP
356
WR Wealth Planners
Missouri
$739 +$689 +62 New
CA
357
CoreCap Advisors
Michigan
$450 +$422 +38 New
FGAM
358
Financial Gravity Asset Management
Texas
$404 +$378 +34 New
AAP
359
Arax Advisory Partners
Colorado
$358
AWM
360
Abound Wealth Management
Tennessee
$335
WTC
361
WhitTier Trust Company
Nevada
$298 +$278 +25 New
JWA
362
JFS Wealth Advisors
Pennsylvania
$215 -$989 -89 -83%
Toronto Dominion Bank
363
Toronto Dominion Bank
Ontario, Canada
$107
TWP
364
TFO Wealth Partners
Ohio
$84
SIC
365
SJS Investment Consulting
Ohio
$60 -$478 -43 -90%
HWM
366
HighMark Wealth Management
Minnesota
$55
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
367
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$12 -$36.9M -3,320,695 -100%
DPW
368
DiNuzzo Private Wealth
Pennsylvania
$12 -$200 -18 -95%
CCM
369
Cerberus Capital Management
New York
-$147M -13,618,949 Closed
CCPM
370
Cooper Creek Partners Management
New York
-$17.5M -1,622,375 Closed
WMSA
371
Weiss Multi-Strategy Advisers
New York
-$12.2M -1,127,684 Closed
Voloridge Investment Management
372
Voloridge Investment Management
Florida
-$10.4M -967,453 Closed
Renaissance Technologies
373
Renaissance Technologies
New York
-$9.15M -847,220 Closed
SG
374
Sourcerock Group
Colorado
-$8.3M -768,583 Closed
Canada Pension Plan Investment Board
375
Canada Pension Plan Investment Board
Ontario, Canada
-$7.73M -715,700 Closed

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.