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Patterson-UTI

307 hedge funds and large institutions have $3.42B invested in Patterson-UTI in 2022 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 110 increasing their positions, 104 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 27

39% more capital invested

Capital invested by funds: $2.47B → $3.42B (+$955M)

8% more funds holding

Funds holding: 285307 (+22)

6% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 104

0.49% more ownership

Funds ownership: 97.31%97.8% (+0.49%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

28% less call options, than puts

Call options by funds: $19.2M | Put options by funds: $26.8M

Holders
307
Holders Change
+22
Holders Change %
+7.72%
% of All Funds
4.93%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
54
Increased
110
Reduced
104
Closed
27
Calls
$19.2M
Puts
$26.8M
Net Calls
-$7.59M
Net Calls Change
+$25.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$694M +$13.8M +834,958 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$438M +$5.95M +360,550 +1%
Macquarie Group
3
Macquarie Group
Australia
$243M +$9M +545,790 +4%
State Street
4
State Street
Massachusetts
$138M -$2.39M -144,580 -2%
VanEck Associates
5
VanEck Associates
New York
$111M +$11.9M +721,574 +12%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$109M -$1.88M -114,235 -2%
ACM
7
Anomaly Capital Management
New York
$95.5M -$31.3M -1,897,403 -25%
Millennium Management
8
Millennium Management
New York
$89.4M +$30.5M +1,846,501 +53%
AllianceBernstein
9
AllianceBernstein
Tennessee
$81.7M -$5.48M -332,304 -6%
Jennison Associates
10
Jennison Associates
New York
$79.7M -$264K -16,005 -0.3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$77.7M -$2.86M -173,404 -4%
KBG
12
Kahn Brothers Group
New York
$75.3M -$2.17M -131,457 -3%
Fuller & Thaler Asset Management
13
Fuller & Thaler Asset Management
California
$69.4M +$4.91M +297,825 +8%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$68.2M +$2.36M +143,313 +4%
Morgan Stanley
15
Morgan Stanley
New York
$59.5M +$411K +24,925 +0.7%
Bank of America
16
Bank of America
North Carolina
$48.6M -$7.68M -465,765 -14%
Goldman Sachs
17
Goldman Sachs
New York
$47.3M -$1M -60,724 -2%
Charles Schwab
18
Charles Schwab
California
$43.3M -$7.43M -450,483 -15%
Northern Trust
19
Northern Trust
Illinois
$38.5M +$279K +16,935 +0.7%
Renaissance Technologies
20
Renaissance Technologies
New York
$36.6M -$427K -25,862 -1%
Invesco
21
Invesco
Georgia
$35.3M +$13.6M +825,895 +65%
Ameriprise
22
Ameriprise
Minnesota
$30.1M -$645K -39,087 -2%
Norges Bank
23
Norges Bank
Norway
$26.2M +$2.79M +168,865 +12%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$24.2M -$1.49M -90,591 -6%
Principal Financial Group
25
Principal Financial Group
Iowa
$22.4M -$157K -9,492 -0.7%

PTEN Hedge Fund Activity: Q4 2022 in Review

307 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2022, worth a combined $3.42B — up 39% from $2.47B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new PTEN positions and 27 closed out — a net gain of 27 holders — while 110 added to existing stakes and 104 trimmed.

The largest buyer was Millennium Management, adding an estimated $30.5M. The largest seller was Anomaly Capital Management, cutting an estimated $31.3M.

  • 307 institutional investors held Patterson-UTI (PTEN) as of Q4 2022, up from 285 in Q3 2022.
  • Funds reported $3.42B of Patterson-UTI stock for Q4 2022, up 39% quarter-over-quarter.
  • 54 funds opened new Patterson-UTI positions in Q4 2022 and 27 closed out, a net change of +27 holders.
  • The largest Patterson-UTI buyer in Q4 2022 was Millennium Management, an estimated $30.5M added.
  • The largest Patterson-UTI seller in Q4 2022 was Anomaly Capital Management, an estimated $31.3M sold.

Based on aggregated 13F filings for Q4 2022.