Patterson-UTI
PTEN
264 hedge funds and large institutions have $2.52B invested in Patterson-UTI in 2015 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 103 increasing their positions, 82 reducing their positions, and 29 closing their positions.
126% more call options, than puts
Call options by funds: $63.7M | Put options by funds: $28.2M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
26% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 82
15% more capital invested
Capital invested by funds: $2.18B → $2.52B (+$337M)
3% more funds holding
Funds holding: 257 → 264 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$37.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$26.2M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$15.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$14.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$44.7M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$36.9M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$29M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.7M |
| 5 |
Renaissance Technologies
New York
|
-$20.3M |
PTEN Hedge Fund Activity: Q4 2015 in Review
264 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2015, worth a combined $2.52B — up 15% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PTEN positions and 29 closed out — a net gain of 9 holders — while 103 added to existing stakes and 82 trimmed.
The largest buyer was VanEck Associates, adding an estimated $37.5M. The largest seller was Millennium Management, cutting an estimated $44.7M.
- 264 institutional investors held Patterson-UTI (PTEN) as of Q4 2015, up from 257 in Q3 2015.
- Funds reported $2.52B of Patterson-UTI stock for Q4 2015, up 15% quarter-over-quarter.
- 38 funds opened new Patterson-UTI positions in Q4 2015 and 29 closed out, a net change of +9 holders.
- The largest Patterson-UTI buyer in Q4 2015 was VanEck Associates, an estimated $37.5M added.
- The largest Patterson-UTI seller in Q4 2015 was Millennium Management, an estimated $44.7M sold.
Based on aggregated 13F filings for Q4 2015.