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Patterson-UTI

214 hedge funds and large institutions have $1.83B invested in Patterson-UTI in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 65 increasing their positions, 84 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

749% more call options, than puts

Call options by funds: $5.58M | Put options by funds: $657K

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

41% more capital invested

Capital invested by funds: $1.29B → $1.83B (+$535M)

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 212214 (+2)

0.93% more ownership

Funds ownership: 96.87%97.8% (+0.93%)

23% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 84

Holders
214
Holders Change
+2
Holders Change %
+0.94%
% of All Funds
3.72%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.07%
New
20
Increased
65
Reduced
84
Closed
17
Calls
$5.58M
Puts
$657K
Net Calls
+$4.92M
Net Calls Change
+$4.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$15.3M -$119K -14,093 -0.9%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$13.9M -$43.7K -5,172 -0.4%
N
28
Nuveen
North Carolina
$12.9M -$1.67M -196,933 -13%
Man Group
29
Man Group
United Kingdom
$10.6M +$1.54M +181,781 +20%
Morgan Stanley
30
Morgan Stanley
New York
$10.4M +$3.62M +427,789 +69%
GLA
31
Great Lakes Advisors
Illinois
$8.9M +$7.57M +895,133 New
Fidelity Investments
32
Fidelity Investments
Massachusetts
$8.75M -$3.63M -428,931 -33%
Neuberger Berman Group
33
Neuberger Berman Group
New York
$8.65M +$2.76K +326 +0%
BCM
34
Bridgeway Capital Management
Texas
$8.24M
Goldman Sachs
35
Goldman Sachs
New York
$7.38M -$276K -32,579 -4%
BGIM
36
Brandywine Global Investment Management
Pennsylvania
$7.36M +$551K +65,087 +10%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$6.97M +$5.14M +607,082 +646%
Legal & General Group
38
Legal & General Group
United Kingdom
$6.19M -$1.79M -211,574 -25%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$6.15M -$121K -14,261 -2%
BNP Paribas Financial Markets
40
BNP Paribas Financial Markets
France
$6.02M +$4.28M +506,461 +508%
American Century Companies
41
American Century Companies
Missouri
$5.66M +$1.14M +134,732 +31%
AllianceBernstein
42
AllianceBernstein
Tennessee
$5.55M +$182K +21,490 +4%
Citadel Advisors
43
Citadel Advisors
Florida
$5.33M +$1.19M +140,706 +36%
Franklin Resources
44
Franklin Resources
California
$5.26M +$1.34M +158,600 +43%
UBS Group
45
UBS Group
Switzerland
$5.01M -$1.79M -211,646 -30%
IECM
46
Intrinsic Edge Capital Management
Illinois
$4.87M +$4.14M +490,000 New
D.E. Shaw & Co
47
D.E. Shaw & Co
New York
$4.29M -$2.33M -275,820 -39%
AI
48
Acuitas Investments
Washington
$4.18M +$630K +74,478 +22%
HKAM
49
Horizon Kinetics Asset Management
New York
$4.12M
Swiss National Bank
50
Swiss National Bank
Switzerland
$4.11M -$123K -14,500 -3%

PTEN Hedge Fund Activity: Q2 2021 in Review

214 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q2 2021, worth a combined $1.83B — up 41% from $1.29B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PTEN positions and 17 closed out — a net gain of 3 holders — while 65 added to existing stakes and 84 trimmed.

The largest buyer was VanEck Associates, adding an estimated $53.8M. The largest seller was Renaissance Technologies, cutting an estimated $20.5M.

  • 214 institutional investors held Patterson-UTI (PTEN) as of Q2 2021, up from 212 in Q1 2021.
  • Funds reported $1.83B of Patterson-UTI stock for Q2 2021, up 41% quarter-over-quarter.
  • 20 funds opened new Patterson-UTI positions in Q2 2021 and 17 closed out, a net change of +3 holders.
  • The largest Patterson-UTI buyer in Q2 2021 was VanEck Associates, an estimated $53.8M added.
  • The largest Patterson-UTI seller in Q2 2021 was Renaissance Technologies, an estimated $20.5M sold.

Based on aggregated 13F filings for Q2 2021.