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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
Public Sector Pension Investment Board (PSP Investments)
51
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.81M -$24.1K -2,850 -0.7%
Robeco Institutional Asset Management
52
Robeco Institutional Asset Management
Netherlands
$3.79M -$731K -86,382 -18%
Voloridge Investment Management
53
Voloridge Investment Management
Florida
$3.57M -$1.29M -152,455 -30%
Manulife (Manufacturers Life Insurance)
54
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.52M -$324K -38,270 -10%
Arrowstreet Capital
55
Arrowstreet Capital
Massachusetts
$3.2M -$16M -1,886,351 -85%
UBS AM
56
UBS AM
Illinois
$3.14M +$457K +54,077 +21%
New York State Teachers Retirement System (NYSTRS)
57
New York State Teachers Retirement System (NYSTRS)
New York
$2.97M -$239K -28,300 -9%
VIA
58
Vident Investment Advisory
Georgia
$2.62M +$3.48K +411 +0.2%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$2.61M -$167K -19,768 -7%
CM
60
CoreCommodity Management
Connecticut
$2.56M +$483K +57,050 +28%
Thrivent Financial for Lutherans
61
Thrivent Financial for Lutherans
Minnesota
$2.53M -$2.59M -306,679 -55%
Citigroup
62
Citigroup
New York
$2.47M +$506K +59,874 +32%
CSS
63
Cubist Systematic Strategies
Connecticut
$2.27M -$102K -12,035 -5%
Millennium Management
64
Millennium Management
New York
$2.14M -$4.16M -491,486 -70%
SFI
65
Susquehanna Fundamental Investments
Pennsylvania
$2.12M -$818K -96,681 -31%
Prudential Financial
66
Prudential Financial
New Jersey
$2.01M -$103K -12,119 -6%
MIM
67
MetLife Investment Management
New Jersey
$1.92M
CS
68
Credit Suisse
Switzerland
$1.76M -$99.5K -11,758 -6%
Two Sigma Investments
69
Two Sigma Investments
New York
$1.75M -$521K -61,539 -26%
Canada Life
70
Canada Life
Manitoba, Canada
$1.68M +$31.1K +3,672 +2%
Comerica Bank
71
Comerica Bank
Texas
$1.56M -$131K -15,494 -6%
New York State Common Retirement Fund
72
New York State Common Retirement Fund
New York
$1.52M -$65.7K -7,770 -5%
VRS
73
Virginia Retirement Systems
Virginia
$1.44M +$178K +21,100 +17%
COPPSERS
74
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.43M -$5.66K -669 -0.5%
Barclays
75
Barclays
United Kingdom
$1.41M -$1.86M -220,340 -61%

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.