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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
WCM
51
Wedge Capital Management
North Carolina
$18.6M -$4.24M -171,692 -20%
Fuller & Thaler Asset Management
52
Fuller & Thaler Asset Management
California
$17.7M -$5.21M -210,905 -24%
Principal Financial Group
53
Principal Financial Group
Iowa
$17.6M +$1.31M +53,053 +9%
ERM
54
Elm Ridge Management
New York
$17.2M -$5.18M -209,800 -25%
PI
55
Putnam Investments
Massachusetts
$15M +$1.94M +78,366 +16%
DGHMC
56
Dalton, Greiner, Hartman, Maher & Co
New York
$14.5M +$64.1K +2,596 +0.5%
Point72 Asset Management
57
Point72 Asset Management
Connecticut
$14M +$7.89M +319,500 +160%
CIP
58
Chartwell Investment Partners
Pennsylvania
$14M +$12.8M +518,875 New
ICM
59
Intrepid Capital Management
Florida
$13.9M
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$13.9M -$1.23M -49,700 -9%
Retirement Systems of Alabama
61
Retirement Systems of Alabama
Alabama
$13.9M +$21.9K +888 +0.2%
BGIM
62
Brandywine Global Investment Management
Pennsylvania
$13.7M -$450K -18,218 -3%
SCM
63
SIR Capital Management
New York
$12.9M +$11.9M +480,983 New
Marshall Wace
64
Marshall Wace
United Kingdom
$12.7M +$11.7M +471,744 New
HW
65
Hancock Whitney
Mississippi
$12.5M -$420 -17 -0%
Two Sigma Advisers
66
Two Sigma Advisers
New York
$12.4M +$6.09M +246,600 +115%
HA
67
Heartland Advisors
Wisconsin
$11.9M +$787K +31,869 +8%
VFM
68
Viking Fund Management
North Dakota
$11.3M +$1.48M +60,000 +17%
GIA
69
Gateway Investment Advisers
Ohio
$10.9M -$1M -40,689 -9%
Manulife (Manufacturers Life Insurance)
70
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.7M -$10.9K -441 -0.1%
CBOA
71
Commonwealth Bank of Australia
Australia
$10.3M +$9.43M +381,806 New
Bank of Montreal
72
Bank of Montreal
Ontario, Canada
$10.3M +$2.35M +95,151 +33%
PPA
73
Parametric Portfolio Associates
Washington
$10.3M -$1.03M -41,658 -10%
Fidelity Investments
74
Fidelity Investments
Massachusetts
$10.2M +$5.99M +242,581 +179%
ECA
75
Encompass Capital Advisors
New York
$9.96M +$9.14M +370,000 New

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.