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Patterson-UTI

257 hedge funds and large institutions have $2.17B invested in Patterson-UTI in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 111 increasing their positions, 80 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $32.4M | Put options by funds: $15.2M

39% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 80

6% less funds holding

Funds holding: 272257 (-15)

22% less capital invested

Capital invested by funds: $2.8B → $2.17B (-$628M)

29% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 49

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
257
Holders Change
-15
Holders Change %
-5.51%
% of All Funds
7.17%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
35
Increased
111
Reduced
80
Closed
49
Calls
$32.4M
Puts
$15.2M
Net Calls
+$17.3M
Net Calls Change
+$2.19M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
76
Charles Schwab
California
$4.26M -$1.54M -96,931 -23%
PAM
77
Panagora Asset Management
Massachusetts
$4.15M -$987K -62,288 -16%
NFA
78
Nationwide Fund Advisors
Ohio
$4.1M -$1.15M -72,825 -19%
AIG
79
American International Group
New York
$3.88M -$40.9K -2,584 -0.9%
California State Teachers Retirement System (CalSTRS)
80
California State Teachers Retirement System (CalSTRS)
California
$3.63M +$129K +8,156 +3%
VOAM
81
Vertex One Asset Management
British Columbia, Canada
$3.52M +$1.99M +125,400 +88%
New York State Teachers Retirement System (NYSTRS)
82
New York State Teachers Retirement System (NYSTRS)
New York
$3.48M
RhumbLine Advisers
83
RhumbLine Advisers
Massachusetts
$3.41M +$246K +15,538 +6%
State Board of Administration of Florida Retirement System
84
State Board of Administration of Florida Retirement System
Florida
$3.2M -$406K -25,592 -10%
D.E. Shaw & Co
85
D.E. Shaw & Co
New York
$3.16M -$9.32M -588,102 -71%
AAM
86
Advisors Asset Management
Colorado
$2.93M -$73K -4,607 -2%
PI
87
Putnam Investments
Massachusetts
$2.91M -$1.87M -118,190 -35%
1832 Asset Management
88
1832 Asset Management
Ontario, Canada
$2.64M +$3.17M +200,000 New
Swiss National Bank
89
Swiss National Bank
Switzerland
$2.62M +$395K +24,900 +14%
SAM
90
Shell Asset Management
Netherlands
$2.48M +$56.4K +3,557 +5%
BGIM
91
Brandywine Global Investment Management
Pennsylvania
$2.42M +$2.91M +183,867 New
TC
92
TFS Capital
Pennsylvania
$2.39M +$1.37M +86,403 +91%
Morgan Stanley
93
Morgan Stanley
New York
$2.36M -$6.16M -388,647 -68%
HA
94
Heartland Advisors
Wisconsin
$2.33M +$2.82M +177,732 New
Citigroup
95
Citigroup
New York
$2.33M +$2.28M +143,963 +435%
UBS AM
96
UBS AM
Illinois
$2.32M +$443K +27,929 +19%
Susquehanna International Group
97
Susquehanna International Group
Pennsylvania
$2.23M +$2.33M +146,758 +631%
HEIP
98
Hudson Edge Investment Partners
New Jersey
$2.19M +$37.3K +2,354 +1%
PPA
99
Parametric Portfolio Associates
Washington
$2.1M -$2.05M -129,483 -45%
IMAS
100
ID Management A/S
Denmark
$2.07M +$2.49M +157,207 New

PTEN Hedge Fund Activity: Q3 2015 in Review

257 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q3 2015, worth a combined $2.17B — down 22% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of PTEN and 35 opened new positions — a net loss of 14 holders — while 80 trimmed existing stakes and 111 added.

The largest buyer was First Pacific Advisors, opening a new position worth an estimated $62.9M. The largest seller was Millennium Management, cutting an estimated $45.1M.

  • 257 institutional investors held Patterson-UTI (PTEN) as of Q3 2015, down from 272 in Q2 2015.
  • Funds reported $2.17B of Patterson-UTI stock for Q3 2015, down 22% quarter-over-quarter.
  • 35 funds opened new Patterson-UTI positions in Q3 2015 and 49 closed out, a net change of -14 holders.
  • The largest Patterson-UTI buyer in Q3 2015 was First Pacific Advisors, an estimated $62.9M added.
  • The largest Patterson-UTI seller in Q3 2015 was Millennium Management, an estimated $45.1M sold.

Based on aggregated 13F filings for Q3 2015.