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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
SCM
101
Sterling Capital Management
North Carolina
$4.84M -$741K -30,015 -14%
GF
102
Gabelli Funds
New York
$4.83M +$506K +20,500 +13%
ERSOT
103
Employees Retirement System of Texas
Texas
$4.82M +$4.42M +179,000 New
BCFA
104
BP Capital Fund Advisors
Texas
$4.79M -$3.42M -138,409 -44%
DCM
105
Dynamic Capital Management
Jersey
$4.77M +$3.84M +155,659 +728%
Voloridge Investment Management
106
Voloridge Investment Management
Florida
$4.76M +$2.08M +84,113 +91%
Russell Investments Group
107
Russell Investments Group
United Kingdom
$4.73M +$4.33M +175,212 New
QIM
108
Quantitative Investment Management
Virginia
$4.49M +$2.11M +85,400 +105%
Legal & General Group
109
Legal & General Group
United Kingdom
$4.48M +$843K +34,141 +26%
RJA
110
Raymond James & Associates
Florida
$4.44M +$718K +29,071 +21%
FHAM
111
Folger Hill Asset Management
New York
$4.25M +$3.9M +157,713 New
Canada Pension Plan Investment Board
112
Canada Pension Plan Investment Board
Ontario, Canada
$4.16M -$1.4M -56,600 -27%
State of Tennessee, Department of Treasury
113
State of Tennessee, Department of Treasury
Tennessee
$4.12M
HighTower Advisors
114
HighTower Advisors
Illinois
$4.08M -$46.5K -1,884 -1%
NIP
115
Nicholas Investment Partners
California
$4.03M +$3.7M +149,685 New
GC
116
Guggenheim Capital
Illinois
$4.01M -$1.41M -57,159 -28%
N
117
Nuveen
North Carolina
$3.85M +$1.8M +72,730 +103%
BF
118
BOK Financial
Oklahoma
$3.77M -$1.19M -48,099 -26%
KAM
119
Keeley Asset Management
Illinois
$3.76M +$2.34M +94,760 +211%
SCM
120
Sandler Capital Management
New York
$3.76M +$3.45M +139,600 New
MLICM
121
Metropolitan Life Insurance Company (MetLife)
New York
$3.72M -$4.54K -184 -0.1%
SA
122
Sicart Associates
New York
$3.71M +$3.4M +137,775 New
BlackRock
123
BlackRock
New York
$3.42M -$61.9K -2,507 -2%
CS
124
Credit Suisse
Switzerland
$3.4M -$4.29M -173,621 -58%
TRSOTSOK
125
Teachers Retirement System of the State of Kentucky
Kentucky
$3.36M -$1.29M -52,100 -29%

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.