PDC Energy, Inc.
PDCE
PDCE was delisted on the 4th of August, 2023.
210 hedge funds and large institutions have $2.15B invested in PDC Energy, Inc. in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 83 reducing their positions, and 72 closing their positions.
70% more call options, than puts
Call options by funds: $30.7M | Put options by funds: $18.1M
17% less funds holding
Funds holding: 252 → 210 (-42)
17% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 83
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
37% less capital invested
Capital invested by funds: $3.38B → $2.15B (-$1.24B)
54% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$80.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$65.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$54.1M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$53.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$41.8M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$36.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$26.2M |
| 4 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$19.9M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$18.7M |
PDCE Hedge Fund Activity: Q4 2018 in Review
210 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in PDC Energy, Inc. (PDCE) for Q4 2018, worth a combined $2.15B — down 37% from $3.38B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of PDCE and 33 opened new positions — a net loss of 39 holders — while 83 trimmed existing stakes and 69 added.
The largest buyer was Millennium Management, adding an estimated $80.3M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $41.8M sold.
- 210 institutional investors held PDC Energy, Inc. (PDCE) as of Q4 2018, down from 252 in Q3 2018.
- Funds reported $2.15B of PDC Energy, Inc. stock for Q4 2018, down 37% quarter-over-quarter.
- 33 funds opened new PDC Energy, Inc. positions in Q4 2018 and 72 closed out, a net change of -39 holders.
- The largest PDC Energy, Inc. buyer in Q4 2018 was Millennium Management, an estimated $80.3M added.
- The largest PDC Energy, Inc. seller in Q4 2018 was Massachusetts Financial Services, an estimated $41.8M sold.
Based on aggregated 13F filings for Q4 2018.