PDC Energy, Inc.
PDCE
PDCE was delisted on the 4th of August, 2023.
233 hedge funds and large institutions have $2.96B invested in PDC Energy, Inc. in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 110 increasing their positions, 79 reducing their positions, and 54 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 79
13% less funds holding
Funds holding: 268 → 233 (-35)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
31% less capital invested
Capital invested by funds: $4.31B → $2.96B (-$1.34B)
54% less call options, than puts
Call options by funds: $13.3M | Put options by funds: $28.7M
63% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$94.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$25.7M |
| 4 |
BlackRock
New York
|
+$20.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KEM
Kimmeridge Energy Management
New York
|
-$69.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$40.1M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$33.1M |
| 4 |
MG
Mitchell Group
Houston,
Texas
|
-$26.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$24.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMT
276
First Mercantile Trust
Cordova,
Tennessee
| – | -$103K | -1,650 | Closed |
|
|
FPF
277
FNY Partners Fund
New York
| – | -$49K | -800 | Closed |
|
|
TRCT
278
Tower Research Capital (TRC)
New York
| – | -$36.7K | -697 | -100% |
|
|
SCM
279
Segantii Capital Management
Hong Kong
| – | -$37K | -600 | Closed |
|
|
ST
280
Spot Trading
Chicago,
Illinois
| – | -$24K | -391 | Closed |
|
|
LNB
281
Ledyard National Bank
| – | -$6K | -100 | Closed |
|
282
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$5K | -84 | Closed |
|
|
IA
283
IFP Advisors
Tampa,
Florida
| – | -$5K | -76 | Closed |
|
|
FANJ
284
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$1K | -18 | Closed |
|
|
PHK
285
Point72 Hong Kong
Hong Kong
| – | -$1K | -15 | Closed |
|
|
TWA
286
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -12 | Closed |
|
|
PA
287
Parallel Advisors
San Francisco,
California
| – | +$158 | +3 | New |
|
PDCE Hedge Fund Activity: Q2 2017 in Review
233 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PDC Energy, Inc. (PDCE) for Q2 2017, worth a combined $2.96B — down 31% from $4.31B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of PDCE and 20 opened new positions — a net loss of 34 holders — while 79 trimmed existing stakes and 110 added.
The largest buyer was Causeway Capital Management, adding an estimated $94.6M. The largest seller was Kimmeridge Energy Management, cutting an estimated $69.6M.
- 233 institutional investors held PDC Energy, Inc. (PDCE) as of Q2 2017, down from 268 in Q1 2017.
- Funds reported $2.96B of PDC Energy, Inc. stock for Q2 2017, down 31% quarter-over-quarter.
- 20 funds opened new PDC Energy, Inc. positions in Q2 2017 and 54 closed out, a net change of -34 holders.
- The largest PDC Energy, Inc. buyer in Q2 2017 was Causeway Capital Management, an estimated $94.6M added.
- The largest PDC Energy, Inc. seller in Q2 2017 was Kimmeridge Energy Management, an estimated $69.6M sold.
Based on aggregated 13F filings for Q2 2017.