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Patterson-UTI

368 hedge funds and large institutions have $4.65B invested in Patterson-UTI in 2024 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 125 increasing their positions, 130 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

29% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 56

7% more capital invested

Capital invested by funds: $4.34B → $4.65B (+$311M)

3% more funds holding

Funds holding: 359368 (+9)

0.71% less ownership

Funds ownership: 96.19%95.48% (-0.71%)

4% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 130

93% less call options, than puts

Call options by funds: $16.3M | Put options by funds: $236M

Holders
368
Holders Change
+9
Holders Change %
+2.51%
% of All Funds
5.3%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
72
Increased
125
Reduced
130
Closed
56
Calls
$16.3M
Puts
$236M
Net Calls
-$220M
Net Calls Change
-$66.4M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
201
Advisors Asset Management
Colorado
$509K -$2.3K -207 -0.5%
LPL Financial
202
LPL Financial
California
$503K -$16.9K -1,524 -3%
SG Americas Securities
203
SG Americas Securities
New York
$502K +$467K +42,006 New
LNWWM
204
Laird Norton Wetherby Wealth Management
California
$501K +$1.77K +159 +0.4%
Stifel Financial
205
Stifel Financial
Missouri
$490K +$65.2K +5,872 +17%
PAS
206
Point72 Asia (Singapore)
Singapore
$437K +$407K +36,631 New
GWI
207
Grace & White Inc
New York
$435K +$88.9K +8,000 +28%
TSS
208
Two Sigma Securities
New York
$426K +$74K +6,659 +23%
HCA
209
Harbor Capital Advisors
Illinois
$424K -$1.67M -150,270 -81%
AIP
210
Ameritas Investment Partners
Nebraska
$421K -$14.9K -1,339 -4%
D.E. Shaw & Co
211
D.E. Shaw & Co
New York
$407K +$378K +34,067 New
AC
212
AWM Capital
Arizona
$394K -$111 -10 -0%
OAM
213
Oxford Asset Management
United Kingdom
$391K +$364K +32,781 New
RIL
214
Rothschild Investment LLC
Illinois
$386K +$333 +30 +0.1%
IIM
215
InTrack Investment Management
Vermont
$381K +$34.4K +3,100 +11%
Teacher Retirement System of Texas
216
Teacher Retirement System of Texas
Texas
$379K -$132K -11,843 -27%
MOS
217
MGO One Seven
Ohio
$371K -$43.9K -3,952 -11%
MFS
218
Mirabella Financial Services
United Kingdom
$363K -$147K -13,206 -30%
AA
219
AlphaMark Advisors
Kentucky
$337K +$92.8K +8,351 +42%
JF
220
Jump Financial
Illinois
$316K -$521K -46,892 -64%
CB
221
Commerce Bank
Missouri
$315K +$1.33K +120 +0.5%
Pathstone Holdings
222
Pathstone Holdings
New Jersey
$314K +$10.3K +930 +4%
QCM
223
Qsemble Capital Management
New York
$298K +$277K +24,950 New
Verition Fund Management
224
Verition Fund Management
Connecticut
$296K +$58.3K +5,248 +27%
HT
225
Headlands Technologies
Illinois
$292K -$77.4K -6,964 -22%

PTEN Hedge Fund Activity: Q1 2024 in Review

368 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q1 2024, worth a combined $4.65B — up 7.2% from $4.34B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new PTEN positions and 56 closed out — a net gain of 16 holders — while 125 added to existing stakes and 130 trimmed.

The largest buyer was Channing Capital Management, opening a new position worth an estimated $56.6M. The largest seller was Cerberus Capital Management, exiting entirely with an estimated $147M sold.

  • 368 institutional investors held Patterson-UTI (PTEN) as of Q1 2024, up from 359 in Q4 2023.
  • Funds reported $4.65B of Patterson-UTI stock for Q1 2024, up 7.2% quarter-over-quarter.
  • 72 funds opened new Patterson-UTI positions in Q1 2024 and 56 closed out, a net change of +16 holders.
  • The largest Patterson-UTI buyer in Q1 2024 was Channing Capital Management, an estimated $56.6M added.
  • The largest Patterson-UTI seller in Q1 2024 was Cerberus Capital Management, an estimated $147M sold.

Based on aggregated 13F filings for Q1 2024.