Patterson-UTI
PTEN
365 hedge funds and large institutions have $3.34B invested in Patterson-UTI in 2024 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 138 increasing their positions, 116 reducing their positions, and 60 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 116
13% more capital invested
Capital invested by funds: $2.96B → $3.34B (+$374M)
5.08% more ownership
Funds ownership: 98.44% → 103.51% (+5.1%)
8% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 60
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less funds holding
Funds holding: 366 → 365 (-1)
57% less call options, than puts
Call options by funds: $12.8M | Put options by funds: $29.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$66.2M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$64.1M |
| 3 |
Holocene Advisors
New York
|
+$48.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$24.1M |
| 5 |
BlackRock
New York
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$58.3M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$41.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$30.4M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$24.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$22.5M |
PTEN Hedge Fund Activity: Q4 2024 in Review
365 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Patterson-UTI (PTEN) for Q4 2024, worth a combined $3.34B — up 13% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PTEN positions and 60 closed out — a net gain of 5 holders — while 138 added to existing stakes and 116 trimmed.
The largest buyer was ARGA Investment Management, adding an estimated $66.2M. The largest seller was Macquarie Group, cutting an estimated $58.3M.
- 365 institutional investors held Patterson-UTI (PTEN) as of Q4 2024, down from 366 in Q3 2024.
- Funds reported $3.34B of Patterson-UTI stock for Q4 2024, up 13% quarter-over-quarter.
- 65 funds opened new Patterson-UTI positions in Q4 2024 and 60 closed out, a net change of +5 holders.
- The largest Patterson-UTI buyer in Q4 2024 was ARGA Investment Management, an estimated $66.2M added.
- The largest Patterson-UTI seller in Q4 2024 was Macquarie Group, an estimated $58.3M sold.
Based on aggregated 13F filings for Q4 2024.