Deutsche Bank AG Acquires 1,281 Shares of Patrick Industries, Inc. (NASDAQ:PATK)

Deutsche Bank AG, a multinational investment bank and financial services company headquartered in Frankfurt, Germany, has recently increased its holdings in Patrick Industries, Inc. NASDAQPATK by 13.8%. This was disclosed in the company's most recent Form 13F filing with the Securities & Exchange Commission (SEC).

According to the filing, Deutsche Bank AG owned 10,590 shares of Patrick Industries, Inc.'s stock after acquiring an additional 1,281 shares during the third quarter. This represents a 13.8% increase in the institutional investor's holdings in the construction company.

Patrick Industries, Inc. is a leading provider of equipment and services to the construction industry in North America. The company operates through two segments: Equipment Rentals and Construction Services. The Equipment Rentals segment provides equipment rentals for various applications, including general construction, heavy construction, and industrial applications. The Construction Services segment provides design-build, engineering, procurement, and construction management services for various projects.

Deutsche Bank AG is one of the largest banks in the world, with operations in over 180 countries. The bank provides a wide range of financial services, including investment banking, commercial banking, asset management, and retail banking. Deutsche Bank AG has been active in the North American market for several years and has a significant presence in the United States.