Pampa Energía
PAM
87 hedge funds and large institutions have $440M invested in Pampa Energía in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 15 closing their positions.
153% more call options, than puts
Call options by funds: $28.5M | Put options by funds: $11.3M
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
6% more capital invested
Capital invested by funds: $416M → $440M (+$23.6M)
2% more funds holding
Funds holding: 85 → 87 (+2)
0.49% more ownership
Funds ownership: 8.63% → 9.12% (+0.49%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGDI
Absolute Gestao de Investimentos
Sao Paulo,
Brazil
|
+$15.8M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$13.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$11.7M |
| 4 |
PCM
Ping Capital Management
New York
|
+$9.66M |
| 5 |
ZEP
Zeno Equity Partners
London,
United Kingdom
|
+$9.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Helikon Investments
London,
United Kingdom
|
-$50M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.95M |
| 3 |
Millennium Management
New York
|
-$7.83M |
| 4 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$7.81M |
| 5 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$7.55M |
PAM Hedge Fund Activity: Q1 2026 in Review
87 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Pampa Energía (PAM) for Q1 2026, worth a combined $440M — up 5.7% from $416M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PAM positions and 15 closed out — a net gain of 2 holders — while 26 added to existing stakes and 27 trimmed.
The largest buyer was Absolute Gestao de Investimentos, adding an estimated $15.8M. The largest seller was Helikon Investments, exiting entirely with an estimated $50M sold.
- 87 institutional investors held Pampa Energía (PAM) as of Q1 2026, up from 85 in Q4 2025.
- Funds reported $440M of Pampa Energía stock for Q1 2026, up 5.7% quarter-over-quarter.
- 17 funds opened new Pampa Energía positions in Q1 2026 and 15 closed out, a net change of +2 holders.
- The largest Pampa Energía buyer in Q1 2026 was Absolute Gestao de Investimentos, an estimated $15.8M added.
- The largest Pampa Energía seller in Q1 2026 was Helikon Investments, an estimated $50M sold.
Based on aggregated 13F filings for Q1 2026.