Patterson-UTI
PTEN
214 hedge funds and large institutions have $1.83B invested in Patterson-UTI in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 65 increasing their positions, 84 reducing their positions, and 17 closing their positions.
749% more call options, than puts
Call options by funds: $5.58M | Put options by funds: $657K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
41% more capital invested
Capital invested by funds: $1.29B → $1.83B (+$535M)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
1% more funds holding
Funds holding: 212 → 214 (+2)
0.93% more ownership
Funds ownership: 96.87% → 97.8% (+0.93%)
23% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$53.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$15.4M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$7.57M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.14M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$20.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16M |
| 3 |
BlackRock
New York
|
-$10.3M |
| 4 |
Two Sigma Advisers
New York
|
-$5.15M |
| 5 |
Millennium Management
New York
|
-$4.16M |
PTEN Hedge Fund Activity: Q2 2021 in Review
214 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q2 2021, worth a combined $1.83B — up 41% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PTEN positions and 17 closed out — a net gain of 3 holders — while 65 added to existing stakes and 84 trimmed.
The largest buyer was VanEck Associates, adding an estimated $53.8M. The largest seller was Renaissance Technologies, cutting an estimated $20.5M.
- 214 institutional investors held Patterson-UTI (PTEN) as of Q2 2021, up from 212 in Q1 2021.
- Funds reported $1.83B of Patterson-UTI stock for Q2 2021, up 41% quarter-over-quarter.
- 20 funds opened new Patterson-UTI positions in Q2 2021 and 17 closed out, a net change of +3 holders.
- The largest Patterson-UTI buyer in Q2 2021 was VanEck Associates, an estimated $53.8M added.
- The largest Patterson-UTI seller in Q2 2021 was Renaissance Technologies, an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2021.