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Patterson-UTI

268 hedge funds and large institutions have $1.76B invested in Patterson-UTI in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 81 increasing their positions, 106 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.5% more ownership

Funds ownership: 95.89%101.38% (+5.5%)

4% less funds holding

Funds holding: 278268 (-10)

15% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 53

24% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 106

24% less capital invested

Capital invested by funds: $2.3B → $1.76B (-$548M)

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

77% less call options, than puts

Call options by funds: $2.65M | Put options by funds: $11.7M

Holders
268
Holders Change
-10
Holders Change %
-3.6%
% of All Funds
5.88%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.02%
New
45
Increased
81
Reduced
106
Closed
53
Calls
$2.65M
Puts
$11.7M
Net Calls
-$9.04M
Net Calls Change
+$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
76
First Trust Advisors
Illinois
$2.64M -$1.49M -151,640 -33%
RL
77
Ruffer LLP
United Kingdom
$2.56M +$2.94M +300,000 New
GHCM
78
Glen Harbor Capital Management
California
$2.54M -$916K -93,432 -24%
NAMA
79
Nikko Asset Management Americas
New York
$2.4M -$280K -28,557 -9%
Sumitomo Mitsui Trust Group
80
Sumitomo Mitsui Trust Group
Japan
$2.4M -$280K -28,557 -9%
UBS AM
81
UBS AM
Illinois
$2.3M -$722K -73,619 -21%
New York State Teachers Retirement System (NYSTRS)
82
New York State Teachers Retirement System (NYSTRS)
New York
$2.26M
Retirement Systems of Alabama
83
Retirement Systems of Alabama
Alabama
$2.25M -$3.46M -352,918 -57%
MCIM
84
Meadow Creek Investment Management
Georgia
$2.09M -$755K -76,944 -24%
MIM
85
MetLife Investment Management
New Jersey
$2.07M -$56K -5,711 -2%
MCM
86
Matarin Capital Management
New York
$1.99M +$613K +62,464 +37%
CS
87
Credit Suisse
Switzerland
$1.88M -$711K -72,500 -25%
QF
88
QVT Financial
New York
$1.75M
TA
89
Teton Advisors
New York
$1.73M
Royal Bank of Canada
90
Royal Bank of Canada
Ontario, Canada
$1.7M -$406K -41,414 -17%
State of New Jersey Common Pension Fund D
91
State of New Jersey Common Pension Fund D
New Jersey
$1.69M +$1.94M +198,100 New
VOYA Investment Management
92
VOYA Investment Management
Georgia
$1.66M -$394K -40,177 -17%
HSBC Holdings
93
HSBC Holdings
United Kingdom
$1.65M +$880K +89,757 +87%
EP
94
Elkfork Partners
Oregon
$1.64M -$593K -60,456 -24%
KL
95
KGH Ltd
Bahamas
$1.54M -$7.11M -725,008 -80%
MOACM
96
Mutual of America Capital Management
New York
$1.53M -$60.2K -6,137 -3%
GF
97
Gabelli Funds
New York
$1.52M +$196K +20,000 +13%
Comerica Bank
98
Comerica Bank
Texas
$1.33M -$36.3K -3,699 -2%
RCM
99
Riverhead Capital Management
Delaware
$1.32M -$476K -48,510 -24%
RJFSA
100
Raymond James Financial Services Advisors
Florida
$1.32M +$72.3K +7,377 +5%

PTEN Hedge Fund Activity: Q3 2019 in Review

268 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q3 2019, worth a combined $1.76B — down 24% from $2.3B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of PTEN and 45 opened new positions — a net loss of 8 holders — while 106 trimmed existing stakes and 81 added.

The largest buyer was Renaissance Technologies, adding an estimated $32.9M. The largest seller was STRS Ohio, exiting entirely with an estimated $23M sold.

  • 268 institutional investors held Patterson-UTI (PTEN) as of Q3 2019, down from 278 in Q2 2019.
  • Funds reported $1.76B of Patterson-UTI stock for Q3 2019, down 24% quarter-over-quarter.
  • 45 funds opened new Patterson-UTI positions in Q3 2019 and 53 closed out, a net change of -8 holders.
  • The largest Patterson-UTI buyer in Q3 2019 was Renaissance Technologies, an estimated $32.9M added.
  • The largest Patterson-UTI seller in Q3 2019 was STRS Ohio, an estimated $23M sold.

Based on aggregated 13F filings for Q3 2019.