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Patterson-UTI

264 hedge funds and large institutions have $2.49B invested in Patterson-UTI in 2015 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 104 increasing their positions, 81 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

126% more call options, than puts

Call options by funds: $63.7M | Put options by funds: $28.2M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

31% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 29

28% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 81

15% more capital invested

Capital invested by funds: $2.17B → $2.49B (+$324M)

3% more funds holding

Funds holding: 257264 (+7)

Holders
264
Holders Change
+7
Holders Change %
+2.72%
% of All Funds
6.93%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
38
Increased
104
Reduced
81
Closed
29
Calls
$63.7M
Puts
$28.2M
Net Calls
+$35.5M
Net Calls Change
+$18.2M
Name Holding Trade Value Shares
Change
Change in
Stake
ERM
26
Elm Ridge Management
New York
$25.3M -$905K -58,831 -3%
TCIM
27
TIAA CREF Investment Management
New York
$23.5M +$1.89M +123,141 +9%
UOC
28
UBS O'Connor
Illinois
$22.7M +$7.7M +500,843 +50%
Northern Trust
29
Northern Trust
Illinois
$21.2M +$1.48M +96,199 +7%
Bank of America
30
Bank of America
North Carolina
$19.3M +$1.32M +85,929 +7%
RFC
31
Russell Frank Company
Washington
$18.7M -$7.56M -491,460 -29%
Balyasny Asset Management
32
Balyasny Asset Management
Illinois
$18.4M +$12.3M +799,224 +190%
CAM
33
Cortina Asset Management
Wisconsin
$18.1M +$2.17M +141,245 +13%
DGHMC
34
Dalton, Greiner, Hartman, Maher & Co
New York
$17M +$502K +32,643 +3%
TA
35
Teachers Advisors
New York
$16.3M +$439K +28,519 +3%
KBG
36
Kahn Brothers Group
New York
$16.1M -$288K -18,730 -2%
GC
37
Guggenheim Capital
Illinois
$15.5M -$1.1M -71,622 -7%
FMA
38
Fiduciary Management Associates
Illinois
$15.4M +$3.96M +257,445 +34%
EAM
39
Eagle Asset Management
Florida
$15.3M -$431K -28,020 -3%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$15.2M +$591K +38,420 +4%
Goldman Sachs
41
Goldman Sachs
New York
$14.8M +$5.73M +372,440 +61%
Thrivent Financial for Lutherans
42
Thrivent Financial for Lutherans
Minnesota
$14.1M +$3.2M +207,860 +29%
Geode Capital Management
43
Geode Capital Management
Massachusetts
$13.8M -$109K -7,081 -0.8%
Deutsche Bank
44
Deutsche Bank
Germany
$13.6M -$4.58M -297,563 -25%
DIA
45
Denver Investment Advisors
Colorado
$13.2M +$12.7M +824,652 +1,711%
AQR Capital Management
46
AQR Capital Management
Connecticut
$12.7M +$13M +841,972 New
Ninety One (UK)
47
Ninety One (UK)
United Kingdom
$12.4M -$769K -49,992 -6%
WRF
48
Waddell & Reed Financial
Kansas
$12.2M +$3.43M +222,790 +38%
BA
49
BlackRock Advisors
Delaware
$12M +$725K +47,097 +6%
Retirement Systems of Alabama
50
Retirement Systems of Alabama
Alabama
$11.3M +$37.6K +2,444 +0.3%

PTEN Hedge Fund Activity: Q4 2015 in Review

264 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2015, worth a combined $2.49B — up 15% from $2.17B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new PTEN positions and 29 closed out — a net gain of 9 holders — while 104 added to existing stakes and 81 trimmed.

The largest buyer was VanEck Associates, adding an estimated $37.5M. The largest seller was Millennium Management, cutting an estimated $44.7M.

  • 264 institutional investors held Patterson-UTI (PTEN) as of Q4 2015, up from 257 in Q3 2015.
  • Funds reported $2.49B of Patterson-UTI stock for Q4 2015, up 15% quarter-over-quarter.
  • 38 funds opened new Patterson-UTI positions in Q4 2015 and 29 closed out, a net change of +9 holders.
  • The largest Patterson-UTI buyer in Q4 2015 was VanEck Associates, an estimated $37.5M added.
  • The largest Patterson-UTI seller in Q4 2015 was Millennium Management, an estimated $44.7M sold.

Based on aggregated 13F filings for Q4 2015.