Diamondback Energy
FANG
902 hedge funds and large institutions have $20.7B invested in Diamondback Energy in 2023 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 299 increasing their positions, 361 reducing their positions, and 109 closing their positions.
31% more call options, than puts
Call options by funds: $479M | Put options by funds: $366M
6% less first-time investments, than exits
New positions opened: 102 | Existing positions closed: 109
1% less funds holding
Funds holding: 913 → 902 (-11)
1.25% less ownership
Funds ownership: 88.15% → 86.9% (-1.2%)
6% less capital invested
Capital invested by funds: $21.9B → $20.7B (-$1.25B)
17% less repeat investments, than reductions
Existing positions increased: 299 | Existing positions reduced: 361
35% less funds holding in top 10
Funds holding in top 10: 26 → 17 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$316M |
| 2 |
Millennium Management
New York
|
+$95.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$55.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$44.3M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$44.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$213M |
| 2 |
BlackRock
New York
|
-$163M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$131M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$85.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$66.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FRA
1001
Front Row Advisors
Tiburon,
California
| – | -$3K | -20 | Closed |
|
|
WTA
1002
Washington Trust Advisors
Wellesley,
Massachusetts
| – | -$2.43K | -18 | Closed |
|
|
BFPW
1003
BOK Financial Private Wealth
Denver,
Colorado
| – | -$1.76K | -13 | Closed |
|
|
SSC
1004
Syverson Strege & Co
West Des Moines,
Iowa
| – | -$1.08K | -8 | Closed |
|
|
WPA
1005
West Paces Advisors
Atlanta,
Georgia
| – | -$1.08K | -8 | Closed |
|
|
CAM
1006
ClariVest Asset Management
San Diego,
California
| – | -$1K | -6 | Closed |
|
|
WWM
1007
Wolff Wiese Magana
Carslbad,
California
| – | -$676 | -5 | Closed |
|
|
BA
1008
Bellwether Advisors
Lincoln,
Nebraska
| – | -$138 | -1 | Closed |
|
|
SVCP
1009
Silicon Valley Capital Partners
San Jose,
California
| – | -$86 | -1 | Closed |
|
1010
Comerica Bank
Dallas,
Texas
| – | +$19.3M | +144,017 | New |
|
FANG Hedge Fund Activity: Q2 2023 in Review
902 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Diamondback Energy (FANG) for Q2 2023, worth a combined $20.7B — down 5.7% from $21.9B a quarter earlier.
Sellers outnumbered buyers: 109 funds closed out of FANG and 102 opened new positions — a net loss of 7 holders — while 361 trimmed existing stakes and 299 added.
The largest buyer was Wellington Management Group, adding an estimated $316M. The largest seller was Fidelity Investments, cutting an estimated $213M.
- 902 institutional investors held Diamondback Energy (FANG) as of Q2 2023, down from 913 in Q1 2023.
- Funds reported $20.7B of Diamondback Energy stock for Q2 2023, down 5.7% quarter-over-quarter.
- 102 funds opened new Diamondback Energy positions in Q2 2023 and 109 closed out, a net change of -7 holders.
- The largest Diamondback Energy buyer in Q2 2023 was Wellington Management Group, an estimated $316M added.
- The largest Diamondback Energy seller in Q2 2023 was Fidelity Investments, an estimated $213M sold.
Based on aggregated 13F filings for Q2 2023.