Patterson-UTI
PTEN
233 hedge funds and large institutions have $1.73B invested in Patterson-UTI in 2021 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 98 increasing their positions, 59 reducing their positions, and 18 closing their positions.
2,654% more call options, than puts
Call options by funds: $13.4M | Put options by funds: $485K
111% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 18
66% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 59
8% more funds holding
Funds holding: 215 → 233 (+18)
5% more capital invested
Capital invested by funds: $1.64B → $1.73B (+$87.4M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.4% less ownership
Funds ownership: 96.49% → 95.08% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$36.4M |
| 2 |
AC
Ascribe Capital
New York
|
+$32.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$26.3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15M |
| 5 |
SG
Sourcerock Group
Denver,
Colorado
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$54.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.47M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.25M |
| 4 |
Renaissance Technologies
New York
|
-$5.01M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$4.5M |
PTEN Hedge Fund Activity: Q4 2021 in Review
233 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2021, worth a combined $1.73B — up 5.3% from $1.64B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PTEN positions and 18 closed out — a net gain of 20 holders — while 98 added to existing stakes and 59 trimmed.
The largest buyer was BlackRock, adding an estimated $36.4M. The largest seller was Wells Fargo, cutting an estimated $54.5M.
- 233 institutional investors held Patterson-UTI (PTEN) as of Q4 2021, up from 215 in Q3 2021.
- Funds reported $1.73B of Patterson-UTI stock for Q4 2021, up 5.3% quarter-over-quarter.
- 38 funds opened new Patterson-UTI positions in Q4 2021 and 18 closed out, a net change of +20 holders.
- The largest Patterson-UTI buyer in Q4 2021 was BlackRock, an estimated $36.4M added.
- The largest Patterson-UTI seller in Q4 2021 was Wells Fargo, an estimated $54.5M sold.
Based on aggregated 13F filings for Q4 2021.