ProFrac Holding
ACDC
103 hedge funds and large institutions have $172M invested in ProFrac Holding in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
14% more funds holding
Funds holding: 90 → 103 (+13)
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.64% less ownership
Funds ownership: 13.51% → 12.87% (-0.64%)
6% less capital invested
Capital invested by funds: $183M → $172M (-$10.9M)
69% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $3.79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SIR Capital Management
New York
|
+$9.03M |
| 2 |
SG
Sourcerock Group
Denver,
Colorado
|
+$8.92M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$5.32M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.95M |
| 5 |
CM
CastleKnight Management
New York
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$16.3M |
| 2 |
Morgan Stanley
New York
|
-$13M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.72M |
| 4 |
Goldman Sachs
New York
|
-$3.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.36M |
ACDC Hedge Fund Activity: Q1 2024 in Review
103 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ProFrac Holding (ACDC) for Q1 2024, worth a combined $172M — down 6% from $183M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ACDC positions and 13 closed out — a net gain of 15 holders — while 32 added to existing stakes and 29 trimmed.
The largest buyer was SIR Capital Management, opening a new position worth an estimated $9.03M. The largest seller was Encompass Capital Advisors, cutting an estimated $16.3M.
- 103 institutional investors held ProFrac Holding (ACDC) as of Q1 2024, up from 90 in Q4 2023.
- Funds reported $172M of ProFrac Holding stock for Q1 2024, down 6% quarter-over-quarter.
- 28 funds opened new ProFrac Holding positions in Q1 2024 and 13 closed out, a net change of +15 holders.
- The largest ProFrac Holding buyer in Q1 2024 was SIR Capital Management, an estimated $9.03M added.
- The largest ProFrac Holding seller in Q1 2024 was Encompass Capital Advisors, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2024.