Patterson-UTI
PTEN
307 hedge funds and large institutions have $3.42B invested in Patterson-UTI in 2022 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 110 increasing their positions, 104 reducing their positions, and 27 closing their positions.
100% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 27
39% more capital invested
Capital invested by funds: $2.47B → $3.42B (+$955M)
8% more funds holding
Funds holding: 285 → 307 (+22)
6% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 104
0.49% more ownership
Funds ownership: 97.31% → 97.8% (+0.49%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
28% less call options, than puts
Call options by funds: $19.2M | Put options by funds: $26.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$30.5M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$21.9M |
| 3 |
BlackRock
New York
|
+$13.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$13.6M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anomaly Capital Management
New York
|
-$31.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$26M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
-$12M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$10.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.4M |
PTEN Hedge Fund Activity: Q4 2022 in Review
307 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2022, worth a combined $3.42B — up 39% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PTEN positions and 27 closed out — a net gain of 27 holders — while 110 added to existing stakes and 104 trimmed.
The largest buyer was Millennium Management, adding an estimated $30.5M. The largest seller was Anomaly Capital Management, cutting an estimated $31.3M.
- 307 institutional investors held Patterson-UTI (PTEN) as of Q4 2022, up from 285 in Q3 2022.
- Funds reported $3.42B of Patterson-UTI stock for Q4 2022, up 39% quarter-over-quarter.
- 54 funds opened new Patterson-UTI positions in Q4 2022 and 27 closed out, a net change of +27 holders.
- The largest Patterson-UTI buyer in Q4 2022 was Millennium Management, an estimated $30.5M added.
- The largest Patterson-UTI seller in Q4 2022 was Anomaly Capital Management, an estimated $31.3M sold.
Based on aggregated 13F filings for Q4 2022.