PDC Energy, Inc.
PDCE
PDCE was delisted on the 4th of August, 2023.
245 hedge funds and large institutions have $3.43B invested in PDC Energy, Inc. in 2018 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 95 increasing their positions, 68 reducing their positions, and 34 closing their positions.
47% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 34
40% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 68
20% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $14.6M
6% more funds holding
Funds holding: 231 → 245 (+14)
8% less capital invested
Capital invested by funds: $3.72B → $3.43B (-$289M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$55.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.7M |
| 3 |
SCM
SIR Capital Management
New York
|
+$10.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.49M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$65.4M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$39.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.3M |
| 4 |
KEM
Kimmeridge Energy Management
New York
|
-$34.8M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$21.7M |
PDCE Hedge Fund Activity: Q1 2018 in Review
245 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PDC Energy, Inc. (PDCE) for Q1 2018, worth a combined $3.43B — down 7.8% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PDCE positions and 34 closed out — a net gain of 16 holders — while 95 added to existing stakes and 68 trimmed.
The largest buyer was Harris Associates, adding an estimated $55.5M. The largest seller was Fidelity Investments, cutting an estimated $65.4M.
- 245 institutional investors held PDC Energy, Inc. (PDCE) as of Q1 2018, up from 231 in Q4 2017.
- Funds reported $3.43B of PDC Energy, Inc. stock for Q1 2018, down 7.8% quarter-over-quarter.
- 50 funds opened new PDC Energy, Inc. positions in Q1 2018 and 34 closed out, a net change of +16 holders.
- The largest PDC Energy, Inc. buyer in Q1 2018 was Harris Associates, an estimated $55.5M added.
- The largest PDC Energy, Inc. seller in Q1 2018 was Fidelity Investments, an estimated $65.4M sold.
Based on aggregated 13F filings for Q1 2018.