ProFrac Holding
ACDC
95 hedge funds and large institutions have $208M invested in ProFrac Holding in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 38 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
2% more funds holding
Funds holding: 93 → 95 (+2)
1.84% less ownership
Funds ownership: 13.83% → 11.99% (-1.8%)
15% less capital invested
Capital invested by funds: $245M → $208M (-$37.5M)
47% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 38
52% less call options, than puts
Call options by funds: $1.36M | Put options by funds: $2.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.49M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.39M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.36M |
| 4 |
Millennium Management
New York
|
+$2.88M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$16.1M |
| 2 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
-$9.99M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.94M |
| 4 |
Renaissance Technologies
New York
|
-$3.5M |
| 5 |
BlackRock
New York
|
-$2.51M |
ACDC Hedge Fund Activity: Q3 2023 in Review
95 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProFrac Holding (ACDC) for Q3 2023, worth a combined $208M — down 15% from $245M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ACDC positions and 18 closed out — a net gain of 2 holders — while 20 added to existing stakes and 38 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $3.49M. The largest seller was Encompass Capital Advisors, cutting an estimated $16.1M.
- 95 institutional investors held ProFrac Holding (ACDC) as of Q3 2023, up from 93 in Q2 2023.
- Funds reported $208M of ProFrac Holding stock for Q3 2023, down 15% quarter-over-quarter.
- 20 funds opened new ProFrac Holding positions in Q3 2023 and 18 closed out, a net change of +2 holders.
- The largest ProFrac Holding buyer in Q3 2023 was Goldman Sachs, an estimated $3.49M added.
- The largest ProFrac Holding seller in Q3 2023 was Encompass Capital Advisors, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2023.