Diamondback Energy
FANG
1,109 hedge funds and large institutions have $31.9B invested in Diamondback Energy in 2024 Q1 according to their latest regulatory filings, with 172 funds opening new positions, 423 increasing their positions, 375 reducing their positions, and 78 closing their positions.
121% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 78
26% more funds holding in top 10
Funds holding in top 10: 19 → 24 (+5)
26% more capital invested
Capital invested by funds: $25.4B → $31.9B (+$6.53B)
21% more call options, than puts
Call options by funds: $896M | Put options by funds: $743M
13% more repeat investments, than reductions
Existing positions increased: 423 | Existing positions reduced: 375
8% more funds holding
Funds holding: 1,027 → 1,109 (+82)
1.15% less ownership
Funds ownership: 91.52% → 90.37% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$404M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$325M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$139M |
| 4 |
D.E. Shaw & Co
New York
|
+$109M |
| 5 |
HA
Homestead Advisers
Arlington,
Virginia
|
+$75.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$774M |
| 2 |
Morgan Stanley
New York
|
-$577M |
| 3 |
Goldman Sachs
New York
|
-$199M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$99M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$83.3M |
FANG Hedge Fund Activity: Q1 2024 in Review
1,109 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Diamondback Energy (FANG) for Q1 2024, worth a combined $31.9B — up 26% from $25.4B a quarter earlier.
Buyers outnumbered sellers: 172 funds opened new FANG positions and 78 closed out — a net gain of 94 holders — while 423 added to existing stakes and 375 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $404M. The largest seller was Wellington Management Group, cutting an estimated $774M.
- 1,109 institutional investors held Diamondback Energy (FANG) as of Q1 2024, up from 1,027 in Q4 2023.
- Funds reported $31.9B of Diamondback Energy stock for Q1 2024, up 26% quarter-over-quarter.
- 172 funds opened new Diamondback Energy positions in Q1 2024 and 78 closed out, a net change of +94 holders.
- The largest Diamondback Energy buyer in Q1 2024 was T. Rowe Price Associates, an estimated $404M added.
- The largest Diamondback Energy seller in Q1 2024 was Wellington Management Group, an estimated $774M sold.
Based on aggregated 13F filings for Q1 2024.