Dimensional's passive 5%+ crossing is routine for a mid-cap RV/marine components supplier. Monitor for any future 13D conversion or additional insider buying, but this filing alone signals no change in company outlook. The historical underperformance of prior PATK calls suggests caution in reading too much into institutional filings.
Price Chart
Executive Summary
Dimensional Fund Advisors LP disclosed a 5.1% passive stake in Patrick Industries Inc via a Schedule 13G filed October 8, 2026, reporting beneficial ownership of 1,648,160 common shares as of September 30, 2026. This is a new passive filing by a large quantitative asset manager, indicating routine index/quantitative fund positioning rather than activist intent.
Key Financial Metrics
Key Facts
- Dimensional Fund Advisors LP holds 1,648,160 shares of PATK common stock, representing 5.1% of shares outstanding as of September 30, 2026.
- The filing is a new Schedule 13G (not an amendment), indicating a new 5%+ crossing by Dimensional.
- Dimensional is a passive investment adviser filing under Rule 13d-1(b), disclaiming any intent to influence control.
- The stake is held across multiple Dimensional-managed funds, with no single fund exceeding 5% of the class.
- Prior cross-filings show Fidelity and Vanguard also hold passive stakes in PATK, consistent with broad institutional ownership.
Financial Impact
5.1% stake valued at approximately $86 million based on current market cap of ~$1.7B (estimated from share count and recent price).
Risk Factors
- No material risk identified from this passive filing.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0000354204-26-001062 |
| Document: 0000354204-26-001062-index.html | 0000354204-26-001062 |
| Document: 0000354204-26-001062.txt | 0000354204-26-001062 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | 425 | $68.86 | awaiting T+20 | — | $71.93 (+4.45%) |
Oct 20, 2026 7d ago | EFFECT | $66.86 | awaiting T+20 | — | $71.93 (+7.58%) |
Oct 19, 2026 8d ago | 425 | $66.86 | awaiting T+20 | — | $71.93 (+7.58%) |
Oct 15, 2026 12d ago | Press Release | $68.04 | awaiting T+20 | — | $71.93 (+5.71%) |
Oct 15, 2026 12d ago | S-4/A | $68.04 | awaiting T+20 | — | $71.93 (+5.71%) |
Oct 13, 2026 14d ago | 425 | $63.31 | awaiting T+20 | — | $71.93 (−13.61%) |
Oct 13, 2026 14d ago | 8-K | $63.31 | awaiting T+20 | — | $71.93 (−13.61%) |
Oct 8, 2026 19d ago | SC 13G | $65.07 | awaiting T+20 | — | $71.93 (+10.53%) |
Sep 23, 2026 4w ago | S-4 | $67.76 $70.27 | ▲ +3.70% | ▲ +4.12% | $71.93 (+6.15%) |
Aug 14, 2026 10w ago | Press Release | $86.06 $72.98 | ▼ −15.20% | ▼ −13.21% | $71.93 (−16.42%) |
US Market Status
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