Diamondback Energy
FANG
1,094 hedge funds and large institutions have $23.8B invested in Diamondback Energy in 2025 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 460 increasing their positions, 396 reducing their positions, and 131 closing their positions.
40% more call options, than puts
Call options by funds: $506M | Put options by funds: $362M
16% more repeat investments, than reductions
Existing positions increased: 460 | Existing positions reduced: 396
0.81% more ownership
Funds ownership: 58.46% → 59.28% (+0.81%)
8% less first-time investments, than exits
New positions opened: 121 | Existing positions closed: 131
2% less funds holding
Funds holding: 1,119 → 1,094 (-25)
10% less capital invested
Capital invested by funds: $26.4B → $23.8B (-$2.61B)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EECFX
EnCap Energy Capital Fund XI
Houston,
Texas
|
+$386M |
| 2 |
BlackRock
New York
|
+$349M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$159M |
| 4 |
EP
EnCap Partners
Houston,
Texas
|
+$150M |
| 5 |
D.E. Shaw & Co
New York
|
+$148M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Demars Financial Group
Spokane Valley,
Washington
|
-$568M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$122M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$97.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$77.6M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$75.5M |
FANG Hedge Fund Activity: Q2 2025 in Review
1,094 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Diamondback Energy (FANG) for Q2 2025, worth a combined $23.8B — down 9.9% from $26.4B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of FANG and 121 opened new positions — a net loss of 10 holders — while 396 trimmed existing stakes and 460 added.
The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $386M. The largest seller was Demars Financial Group, cutting an estimated $568M.
- 1,094 institutional investors held Diamondback Energy (FANG) as of Q2 2025, down from 1,119 in Q1 2025.
- Funds reported $23.8B of Diamondback Energy stock for Q2 2025, down 9.9% quarter-over-quarter.
- 121 funds opened new Diamondback Energy positions in Q2 2025 and 131 closed out, a net change of -10 holders.
- The largest Diamondback Energy buyer in Q2 2025 was EnCap Energy Capital Fund XI, an estimated $386M added.
- The largest Diamondback Energy seller in Q2 2025 was Demars Financial Group, an estimated $568M sold.
Based on aggregated 13F filings for Q2 2025.