SCHEDULE: Dimensional Fund Advisors Discloses 4.9% Stake in Patrick Industries Inc.

Dimensional Fund Advisors LP has filed an Amendment No. 3 to Schedule 13G, disclosing a 4.9% beneficial ownership stake in Patrick Industries Inc. as of June 30, 2025.

Summary

• Dimensional Fund Advisors LP, an investment adviser, reported beneficial ownership of 1,637,605 shares of Common Stock in Patrick Industries Inc.
• This ownership represents 4.9% of the class of securities.
• Dimensional Fund Advisors LP holds sole voting power over 1,590,630 shares and sole dispositive power over 1,637,605 shares.
• The securities are owned by various funds to which Dimensional Fund Advisors LP provides investment advice or management services.
• Dimensional Fund Advisors LP disclaims beneficial ownership of these securities, stating they are held by the Funds.

Sentiment

Score: 6

Explanation: The document is a factual disclosure of an institutional ownership stake, which is generally neutral but can be seen as a vote of confidence by a large investment advisor.

Future Outlook

NA

Management Comments

• Dimensional Fund Advisors LP, as an investment adviser, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment manager or sub-adviser to certain other commingled funds, group trusts and separate accounts.
• All securities reported in this schedule are owned by the Funds, and Dimensional disclaims beneficial ownership of such securities.
• The filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.
• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, which can influence market perception and trading activity.

Key Dates

Keywords

Patrick Industries Inc., Dimensional Fund Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Institutional Investor