Diamondback Energy
FANG
1,096 hedge funds and large institutions have $23.8B invested in Diamondback Energy in 2025 Q2 according to their latest regulatory filings, with 120 funds opening new positions, 462 increasing their positions, 397 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: 462 | Existing positions reduced: 397
2.23% more ownership
Funds ownership: 57.07% → 59.3% (+2.2%)
8% less first-time investments, than exits
New positions opened: 120 | Existing positions closed: 131
2% less funds holding
Funds holding: 1,123 → 1,096 (-27)
10% less capital invested
Capital invested by funds: $26.4B → $23.8B (-$2.59B)
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 |
Point72 Asset Management
Stamford,
Connecticut
|
-$122M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$97.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$77.6M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$75.5M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$66.6M |
FANG Hedge Fund Activity: Q2 2025 in Review
1,096 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Diamondback Energy (FANG) for Q2 2025, worth a combined $23.8B — down 9.8% from $26.4B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of FANG and 120 opened new positions — a net loss of 11 holders — while 397 trimmed existing stakes and 462 added.
The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $386M. The largest seller was Point72 Asset Management, cutting an estimated $122M.
- 1,096 institutional investors held Diamondback Energy (FANG) as of Q2 2025, down from 1,123 in Q1 2025.
- Funds reported $23.8B of Diamondback Energy stock for Q2 2025, down 9.8% quarter-over-quarter.
- 120 funds opened new Diamondback Energy positions in Q2 2025 and 131 closed out, a net change of -11 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 Point72 Asset Management, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2025.