Patterson-UTI
PTEN
267 hedge funds and large institutions have $2.12B invested in Patterson-UTI in 2019 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 85 increasing their positions, 109 reducing their positions, and 36 closing their positions.
105% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $894K
20% more capital invested
Capital invested by funds: $1.76B → $2.12B (+$359M)
11% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 36
2.19% more ownership
Funds ownership: 101.38% → 103.58% (+2.2%)
0% less funds holding
Funds holding: 268 → 267 (-1)
22% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 109
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$14.8M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.5M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10.8M |
| 4 |
JP Morgan Chase
New York
|
+$8.9M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$8.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$25M |
| 2 |
Millennium Management
New York
|
-$14.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$13.5M |
| 4 |
Morgan Stanley
New York
|
-$10.7M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$10.4M |
PTEN Hedge Fund Activity: Q4 2019 in Review
267 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2019, worth a combined $2.12B — up 20% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PTEN positions and 36 closed out — a net gain of 4 holders — while 85 added to existing stakes and 109 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $14.8M. The largest seller was Wells Fargo, cutting an estimated $25M.
- 267 institutional investors held Patterson-UTI (PTEN) as of Q4 2019, down from 268 in Q3 2019.
- Funds reported $2.12B of Patterson-UTI stock for Q4 2019, up 20% quarter-over-quarter.
- 40 funds opened new Patterson-UTI positions in Q4 2019 and 36 closed out, a net change of +4 holders.
- The largest Patterson-UTI buyer in Q4 2019 was Renaissance Technologies, an estimated $14.8M added.
- The largest Patterson-UTI seller in Q4 2019 was Wells Fargo, an estimated $25M sold.
Based on aggregated 13F filings for Q4 2019.