Diamondback Energy
FANG
935 hedge funds and large institutions have $24.8B invested in Diamondback Energy in 2023 Q3 according to their latest regulatory filings, with 124 funds opening new positions, 360 increasing their positions, 314 reducing their positions, and 81 closing their positions.
53% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 81
53% more funds holding in top 10
Funds holding in top 10: 17 → 26 (+9)
20% more capital invested
Capital invested by funds: $20.7B → $24.8B (+$4.15B)
17% more call options, than puts
Call options by funds: $1.07B | Put options by funds: $922M
15% more repeat investments, than reductions
Existing positions increased: 360 | Existing positions reduced: 314
4% more funds holding
Funds holding: 902 → 935 (+33)
2.6% more ownership
Funds ownership: 86.9% → 89.5% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$516M |
| 2 |
JP Morgan Chase
New York
|
+$131M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$127M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$123M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$95.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$310M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$160M |
| 3 |
Millennium Management
New York
|
-$116M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$92.7M |
| 5 |
Holocene Advisors
New York
|
-$56.2M |
FANG Hedge Fund Activity: Q3 2023 in Review
935 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Diamondback Energy (FANG) for Q3 2023, worth a combined $24.8B — up 20% from $20.7B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new FANG positions and 81 closed out — a net gain of 43 holders — while 360 added to existing stakes and 314 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $516M. The largest seller was Blackstone Inc, cutting an estimated $310M.
- 935 institutional investors held Diamondback Energy (FANG) as of Q3 2023, up from 902 in Q2 2023.
- Funds reported $24.8B of Diamondback Energy stock for Q3 2023, up 20% quarter-over-quarter.
- 124 funds opened new Diamondback Energy positions in Q3 2023 and 81 closed out, a net change of +43 holders.
- The largest Diamondback Energy buyer in Q3 2023 was T. Rowe Price Associates, an estimated $516M added.
- The largest Diamondback Energy seller in Q3 2023 was Blackstone Inc, an estimated $310M sold.
Based on aggregated 13F filings for Q3 2023.