ProFrac Holding
ACDC
90 hedge funds and large institutions have $172M invested in ProFrac Holding in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 26 closing their positions.
0.75% more ownership
Funds ownership: 11.99% → 12.75% (+0.75%)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
5% less funds holding
Funds holding: 95 → 90 (-5)
17% less capital invested
Capital invested by funds: $208M → $172M (-$35.7M)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
91% less call options, than puts
Call options by funds: $353K | Put options by funds: $4.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$14M |
| 2 |
Morgan Stanley
New York
|
+$7.49M |
| 3 |
Goldman Sachs
New York
|
+$4.12M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.84M |
| 5 |
BlackRock
New York
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$8.56M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$6.57M |
| 3 |
SAM
Soviero Asset Management
New York
|
-$5.44M |
| 4 |
Millennium Management
New York
|
-$4.21M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.1M |
ACDC Hedge Fund Activity: Q4 2023 in Review
90 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ProFrac Holding (ACDC) for Q4 2023, worth a combined $172M — down 17% from $208M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ACDC and 21 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 27 added.
The largest buyer was Encompass Capital Advisors, adding an estimated $14M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $8.56M sold.
- 90 institutional investors held ProFrac Holding (ACDC) as of Q4 2023, down from 95 in Q3 2023.
- Funds reported $172M of ProFrac Holding stock for Q4 2023, down 17% quarter-over-quarter.
- 21 funds opened new ProFrac Holding positions in Q4 2023 and 26 closed out, a net change of -5 holders.
- The largest ProFrac Holding buyer in Q4 2023 was Encompass Capital Advisors, an estimated $14M added.
- The largest ProFrac Holding seller in Q4 2023 was Schroder Investment Management Group, an estimated $8.56M sold.
Based on aggregated 13F filings for Q4 2023.