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Patterson-UTI

304 hedge funds and large institutions have $4.34B invested in Patterson-UTI in 2016 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 93 increasing their positions, 107 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

108.78% more ownership

Funds ownership: 0%108.78% (+109%)

97% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 34

95% more call options, than puts

Call options by funds: $70.2M | Put options by funds: $36M

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

18% more capital invested

Capital invested by funds: $3.68B → $4.34B (+$658M)

11% more funds holding

Funds holding: 274304 (+30)

13% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 107

Holders
304
Holders Change
+30
Holders Change %
+10.95%
% of All Funds
7.6%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.15%
New
67
Increased
93
Reduced
107
Closed
34
Calls
$70.2M
Puts
$36M
Net Calls
+$34.2M
Net Calls Change
+$3.47M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
26
First Trust Advisors
Illinois
$33.6M -$12.1M -488,164 -28%
PC
27
PointState Capital
New York
$33.4M +$26.7M +1,082,910 +690%
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$32.9M -$3.61M -146,043 -11%
VFA
29
Virtus Fund Advisers
Connecticut
$32.8M -$19.7M -798,850 -40%
AllianceBernstein
30
AllianceBernstein
Tennessee
$32.4M -$1.88M -76,290 -6%
AQR Capital Management
31
AQR Capital Management
Connecticut
$32.2M -$671K -27,188 -2%
AAMU
32
Amundi Asset Management US
Massachusetts
$30.7M +$1.24M +50,214 +5%
Bank of America
33
Bank of America
North Carolina
$30.1M -$613K -24,832 -2%
Geode Capital Management
34
Geode Capital Management
Massachusetts
$30M +$1.77M +71,482 +7%
SI
35
Scout Investments
Missouri
$29.3M -$6.46M -261,491 -19%
Teacher Retirement System of Texas
36
Teacher Retirement System of Texas
Texas
$28.5M -$98.3K -3,982 -0.4%
TA
37
Teachers Advisors
New York
$28.1M -$13.3M -538,806 -34%
Citadel Advisors
38
Citadel Advisors
Florida
$27.7M -$52.1M -2,109,016 -67%
KBG
39
Kahn Brothers Group
New York
$26.4M -$1.59M -64,405 -6%
BIM
40
BlackRock Investment Management
Delaware
$24.5M +$1.1M +44,356 +5%
EOCM
41
Energy Opportunities Capital Management
Texas
$22.8M +$45K +1,820 +0.2%
UBS AM
42
UBS AM
Illinois
$22.3M -$2.48M -100,414 -11%
MFIMFI
43
Mesirow Financial Investment Management - Fixed Income
Illinois
$21.8M -$1.65M -66,620 -8%
CAM
44
Cortina Asset Management
Wisconsin
$21.7M -$6.56M -265,444 -25%
BA
45
BlackRock Advisors
Delaware
$21.3M -$3.63M -147,071 -16%
O
46
OppenheimerFunds
New York
$20.8M +$7.58M +307,041 +66%
Deutsche Bank
47
Deutsche Bank
Germany
$20.6M +$10.7M +433,674 +131%
Charles Schwab
48
Charles Schwab
California
$20.1M -$7.6M -307,566 -29%
TCIM
49
TIAA CREF Investment Management
New York
$19.5M -$9.06M -366,697 -34%
Morgan Stanley
50
Morgan Stanley
New York
$18.9M +$12.4M +502,767 +251%

PTEN Hedge Fund Activity: Q4 2016 in Review

304 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2016, worth a combined $4.34B — up 18% from $3.68B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new PTEN positions and 34 closed out — a net gain of 33 holders — while 93 added to existing stakes and 107 trimmed.

The largest buyer was VanEck Associates, adding an estimated $53.1M. The largest seller was Wellington Management Group, cutting an estimated $134M.

  • 304 institutional investors held Patterson-UTI (PTEN) as of Q4 2016, up from 274 in Q3 2016.
  • Funds reported $4.34B of Patterson-UTI stock for Q4 2016, up 18% quarter-over-quarter.
  • 67 funds opened new Patterson-UTI positions in Q4 2016 and 34 closed out, a net change of +33 holders.
  • The largest Patterson-UTI buyer in Q4 2016 was VanEck Associates, an estimated $53.1M added.
  • The largest Patterson-UTI seller in Q4 2016 was Wellington Management Group, an estimated $134M sold.

Based on aggregated 13F filings for Q4 2016.