ProFrac Holding
ACDC
103 hedge funds and large institutions have $120M invested in ProFrac Holding in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 28 increasing their positions, 38 reducing their positions, and 19 closing their positions.
327% more call options, than puts
Call options by funds: $970K | Put options by funds: $227K
0% more funds holding
Funds holding: 103 → 103 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
2.76% less ownership
Funds ownership: 12.87% → 10.11% (-2.8%)
26% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 38
30% less capital invested
Capital invested by funds: $172M → $120M (-$52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.45M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$2.17M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.89M |
| 4 |
Goldman Sachs
New York
|
+$1.7M |
| 5 |
CM
CastleKnight Management
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Sourcerock Group
Denver,
Colorado
|
-$9.71M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$8.88M |
| 3 |
FFB
First Financial Bankshares
Abilene,
Texas
|
-$8.29M |
| 4 |
SCM
SIR Capital Management
New York
|
-$6.74M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$5.8M |
ACDC Hedge Fund Activity: Q2 2024 in Review
103 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in ProFrac Holding (ACDC) for Q2 2024, worth a combined $120M — down 30% from $172M a quarter earlier.
Fund positioning in ACDC was balanced in Q2 2024: 19 funds opened new positions, 19 closed out, 28 added to existing stakes and 38 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.45M. The largest seller was Sourcerock Group, exiting entirely with an estimated $9.71M sold.
- 103 institutional investors held ProFrac Holding (ACDC) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $120M of ProFrac Holding stock for Q2 2024, down 30% quarter-over-quarter.
- 19 funds opened new ProFrac Holding positions in Q2 2024 and 19 closed out, a net change of 0 holders.
- The largest ProFrac Holding buyer in Q2 2024 was Millennium Management, an estimated $2.45M added.
- The largest ProFrac Holding seller in Q2 2024 was Sourcerock Group, an estimated $9.71M sold.
Based on aggregated 13F filings for Q2 2024.