Patterson-UTI
PTEN
313 hedge funds and large institutions have $4.4B invested in Patterson-UTI in 2017 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 131 increasing their positions, 96 reducing their positions, and 40 closing their positions.
163% more call options, than puts
Call options by funds: $36M | Put options by funds: $13.7M
40% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 40
36% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 96
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 304 → 313 (+9)
1% more capital invested
Capital invested by funds: $4.34B → $4.4B (+$61.2M)
0.18% more ownership
Funds ownership: 108.78% → 108.96% (+0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$387M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$82M |
| 3 |
Jennison Associates
New York
|
+$53.4M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$48.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$46.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$37.5M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$34.2M |
| 3 |
PC
PointState Capital
New York
|
-$33.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$20.2M |
PTEN Hedge Fund Activity: Q1 2017 in Review
313 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q1 2017, worth a combined $4.4B — up 1.4% from $4.34B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new PTEN positions and 40 closed out — a net gain of 16 holders — while 131 added to existing stakes and 96 trimmed.
The largest buyer was BlackRock, adding an estimated $387M. The largest seller was Dimensional Fund Advisors, cutting an estimated $37.5M.
- 313 institutional investors held Patterson-UTI (PTEN) as of Q1 2017, up from 304 in Q4 2016.
- Funds reported $4.4B of Patterson-UTI stock for Q1 2017, up 1.4% quarter-over-quarter.
- 56 funds opened new Patterson-UTI positions in Q1 2017 and 40 closed out, a net change of +16 holders.
- The largest Patterson-UTI buyer in Q1 2017 was BlackRock, an estimated $387M added.
- The largest Patterson-UTI seller in Q1 2017 was Dimensional Fund Advisors, an estimated $37.5M sold.
Based on aggregated 13F filings for Q1 2017.