ProFrac Holding
ACDC
101 hedge funds and large institutions have $262M invested in ProFrac Holding in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 38 closing their positions.
66% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $664K
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
0.54% more ownership
Funds ownership: 37.74% → 38.29% (+0.54%)
11% less funds holding
Funds holding: 113 → 101 (-12)
32% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 38
49% less capital invested
Capital invested by funds: $513M → $262M (-$251M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$15.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.1M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$7.56M |
| 4 |
SAM
Soviero Asset Management
New York
|
+$4.86M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$29.5M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$26.1M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$20.5M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$10.8M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$6.4M |
ACDC Hedge Fund Activity: Q1 2023 in Review
101 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ProFrac Holding (ACDC) for Q1 2023, worth a combined $262M — down 49% from $513M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of ACDC and 26 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 36 added.
The largest buyer was Citadel Advisors, adding an estimated $15.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $29.5M sold.
- 101 institutional investors held ProFrac Holding (ACDC) as of Q1 2023, down from 113 in Q4 2022.
- Funds reported $262M of ProFrac Holding stock for Q1 2023, down 49% quarter-over-quarter.
- 26 funds opened new ProFrac Holding positions in Q1 2023 and 38 closed out, a net change of -12 holders.
- The largest ProFrac Holding buyer in Q1 2023 was Citadel Advisors, an estimated $15.6M added.
- The largest ProFrac Holding seller in Q1 2023 was Driehaus Capital Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2023.