PDC Energy, Inc.
PDCE
PDCE was delisted on the 4th of August, 2023.
237 hedge funds and large institutions have $3.07B invested in PDC Energy, Inc. in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 103 increasing their positions, 82 reducing their positions, and 46 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 82
3% less capital invested
Capital invested by funds: $3.17B → $3.07B (-$93.6M)
7% less funds holding
Funds holding: 256 → 237 (-19)
34% less call options, than puts
Call options by funds: $37.4M | Put options by funds: $56.6M
35% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 46
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$116M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$101M |
| 3 |
VanEck Associates
New York
|
+$80.3M |
| 4 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
+$20.2M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brenham Capital Management
Dallas,
Texas
|
-$68.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.1M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$52.3M |
| 4 |
Two Sigma Investments
New York
|
-$45.9M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$40.4M |
PDCE Hedge Fund Activity: Q2 2016 in Review
237 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PDC Energy, Inc. (PDCE) for Q2 2016, worth a combined $3.07B — down 3% from $3.17B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PDCE and 30 opened new positions — a net loss of 16 holders — while 82 trimmed existing stakes and 103 added.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $116M. The largest seller was Brenham Capital Management, exiting entirely with an estimated $68.4M sold.
- 237 institutional investors held PDC Energy, Inc. (PDCE) as of Q2 2016, down from 256 in Q1 2016.
- Funds reported $3.07B of PDC Energy, Inc. stock for Q2 2016, down 3% quarter-over-quarter.
- 30 funds opened new PDC Energy, Inc. positions in Q2 2016 and 46 closed out, a net change of -16 holders.
- The largest PDC Energy, Inc. buyer in Q2 2016 was Victory Capital Management, an estimated $116M added.
- The largest PDC Energy, Inc. seller in Q2 2016 was Brenham Capital Management, an estimated $68.4M sold.
Based on aggregated 13F filings for Q2 2016.