Granite Ridge Resources
GRNT
90 hedge funds and large institutions have $199M invested in Granite Ridge Resources in 2023 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 29 increasing their positions, 7 reducing their positions, and 6 closing their positions.
633% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 6
314% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 7
195% more capital invested
Capital invested by funds: $67.5M → $199M (+$131M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
73% more funds holding
Funds holding: 52 → 90 (+38)
16.45% more ownership
Funds ownership: 7.65% → 24.1% (+16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
URS
Utah Retirement Systems
Salt Lake City,
Utah
|
+$36.6M |
| 2 |
NU
Northwestern University
Evanston,
Illinois
|
+$35.1M |
| 3 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$32.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$10.7M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$8.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$968K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$771K |
| 3 |
SCM
Saba Capital Management
New York
|
-$531K |
| 4 |
TCM
Tenor Capital Management
New York
|
-$207K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$151K |
GRNT Hedge Fund Activity: Q3 2023 in Review
90 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Granite Ridge Resources (GRNT) for Q3 2023, worth a combined $199M — up 195% from $67.5M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GRNT positions and 6 closed out — a net gain of 38 holders — while 29 added to existing stakes and 7 trimmed.
The largest buyer was Utah Retirement Systems, opening a new position worth an estimated $36.6M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $968K sold.
- 90 institutional investors held Granite Ridge Resources (GRNT) as of Q3 2023, up from 52 in Q2 2023.
- Funds reported $199M of Granite Ridge Resources stock for Q3 2023, up 195% quarter-over-quarter.
- 44 funds opened new Granite Ridge Resources positions in Q3 2023 and 6 closed out, a net change of +38 holders.
- The largest Granite Ridge Resources buyer in Q3 2023 was Utah Retirement Systems, an estimated $36.6M added.
- The largest Granite Ridge Resources seller in Q3 2023 was Alyeska Investment Group, an estimated $968K sold.
Based on aggregated 13F filings for Q3 2023.