ProFrac Holding
ACDC
93 hedge funds and large institutions have $245M invested in ProFrac Holding in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 29 closing their positions.
62% more call options, than puts
Call options by funds: $1.05M | Put options by funds: $644K
52% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $262M → $245M (-$16.3M)
8% less funds holding
Funds holding: 101 → 93 (-8)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
24.46% less ownership
Funds ownership: 38.29% → 13.83% (-24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$35.2M |
| 2 |
Renaissance Technologies
New York
|
+$4.82M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.68M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.36M |
| 5 |
Millennium Management
New York
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
-$10.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.07M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$5.53M |
| 5 |
SCM
SIR Capital Management
New York
|
-$5.3M |
ACDC Hedge Fund Activity: Q2 2023 in Review
93 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ProFrac Holding (ACDC) for Q2 2023, worth a combined $245M — down 6.2% from $262M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ACDC and 22 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 35 added.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $35.2M. The largest seller was LMR Partners, exiting entirely with an estimated $10.1M sold.
- 93 institutional investors held ProFrac Holding (ACDC) as of Q2 2023, down from 101 in Q1 2023.
- Funds reported $245M of ProFrac Holding stock for Q2 2023, down 6.2% quarter-over-quarter.
- 22 funds opened new ProFrac Holding positions in Q2 2023 and 29 closed out, a net change of -7 holders.
- The largest ProFrac Holding buyer in Q2 2023 was Encompass Capital Advisors, an estimated $35.2M added.
- The largest ProFrac Holding seller in Q2 2023 was LMR Partners, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.