Pampa Energía
84 hedge funds and large institutions have $416M invested in Pampa Energía in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 19 increasing their positions, 33 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
57% more capital invested
Capital invested by funds: $266M → $416M (+$150M)
20% more funds holding
Funds holding: 70 → 84 (+14)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
0.55% more ownership
Funds ownership: 8.07% → 8.62% (+0.55%)
20% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $15.2M
42% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
+$21.9M |
| 2 |
SC
Seldon Capital
San Francisco,
California
|
+$11.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.87M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$5.99M |
| 5 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAM
TT International Asset Management
London,
United Kingdom
|
-$40.2M |
| 2 |
HI
Helikon Investments
London,
United Kingdom
|
-$10.8M |
| 3 |
Millennium Management
New York
|
-$8.14M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.79M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
-$6.11M |
PAM Hedge Fund Activity: Q4 2025 in Review
84 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Pampa Energía (PAM) for Q4 2025, worth a combined $416M — up 57% from $266M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PAM positions and 9 closed out — a net gain of 14 holders — while 19 added to existing stakes and 33 trimmed.
The largest buyer was PointState Capital, opening a new position worth an estimated $21.9M. The largest seller was TT International Asset Management, cutting an estimated $40.2M.
- 84 institutional investors held Pampa Energía (PAM) as of Q4 2025, up from 70 in Q3 2025.
- Funds reported $416M of Pampa Energía stock for Q4 2025, up 57% quarter-over-quarter.
- 23 funds opened new Pampa Energía positions in Q4 2025 and 9 closed out, a net change of +14 holders.
- The largest Pampa Energía buyer in Q4 2025 was PointState Capital, an estimated $21.9M added.
- The largest Pampa Energía seller in Q4 2025 was TT International Asset Management, an estimated $40.2M sold.
Based on aggregated 13F filings for Q4 2025.