PDC Energy, Inc.
PDCE
PDCE was delisted on the 4th of August, 2023.
235 hedge funds and large institutions have $2.78B invested in PDC Energy, Inc. in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 77 increasing their positions, 71 reducing their positions, and 29 closing their positions.
90% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 29
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
30% more capital invested
Capital invested by funds: $2.15B → $2.78B (+$634M)
12% more funds holding
Funds holding: 210 → 235 (+25)
8% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 71
12% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lion Point Capital
New York
|
+$56.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$28M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$26.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$21.3M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$74.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$69.7M |
| 3 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$28.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$25.2M |
| 5 |
Goldman Sachs
New York
|
-$20.3M |
PDCE Hedge Fund Activity: Q1 2019 in Review
235 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PDC Energy, Inc. (PDCE) for Q1 2019, worth a combined $2.78B — up 30% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PDCE positions and 29 closed out — a net gain of 26 holders — while 77 added to existing stakes and 71 trimmed.
The largest buyer was Lion Point Capital, opening a new position worth an estimated $56.5M. The largest seller was Millennium Management, cutting an estimated $74.4M.
- 235 institutional investors held PDC Energy, Inc. (PDCE) as of Q1 2019, up from 210 in Q4 2018.
- Funds reported $2.78B of PDC Energy, Inc. stock for Q1 2019, up 30% quarter-over-quarter.
- 55 funds opened new PDC Energy, Inc. positions in Q1 2019 and 29 closed out, a net change of +26 holders.
- The largest PDC Energy, Inc. buyer in Q1 2019 was Lion Point Capital, an estimated $56.5M added.
- The largest PDC Energy, Inc. seller in Q1 2019 was Millennium Management, an estimated $74.4M sold.
Based on aggregated 13F filings for Q1 2019.