Diamondback Energy
FANG
913 hedge funds and large institutions have $21.9B invested in Diamondback Energy in 2023 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 373 increasing their positions, 328 reducing their positions, and 104 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 373 | Existing positions reduced: 328
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
1% more capital invested
Capital invested by funds: $21.7B → $21.9B (+$179M)
3.08% less ownership
Funds ownership: 91.23% → 88.15% (-3.1%)
3% less funds holding
Funds holding: 946 → 913 (-33)
12% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 104
26% less call options, than puts
Call options by funds: $635M | Put options by funds: $862M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$940M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$119M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$89.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$82.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$282M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$270M |
| 3 |
Millennium Management
New York
|
-$109M |
| 4 |
BlackRock
New York
|
-$101M |
| 5 |
JP Morgan Chase
New York
|
-$100M |
FANG Hedge Fund Activity: Q1 2023 in Review
913 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Diamondback Energy (FANG) for Q1 2023, worth a combined $21.9B — up 0.82% from $21.7B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of FANG and 92 opened new positions — a net loss of 12 holders — while 328 trimmed existing stakes and 373 added.
The largest buyer was Wellington Management Group, adding an estimated $940M. The largest seller was Ontario Teachers' Pension Plan Board, cutting an estimated $282M.
- 913 institutional investors held Diamondback Energy (FANG) as of Q1 2023, down from 946 in Q4 2022.
- Funds reported $21.9B of Diamondback Energy stock for Q1 2023, up 0.82% quarter-over-quarter.
- 92 funds opened new Diamondback Energy positions in Q1 2023 and 104 closed out, a net change of -12 holders.
- The largest Diamondback Energy buyer in Q1 2023 was Wellington Management Group, an estimated $940M added.
- The largest Diamondback Energy seller in Q1 2023 was Ontario Teachers' Pension Plan Board, an estimated $282M sold.
Based on aggregated 13F filings for Q1 2023.