PDC Energy, Inc.
PDCE
PDCE was delisted on the 4th of August, 2023.
220 hedge funds and large institutions have $1.9B invested in PDC Energy, Inc. in 2019 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 33 closing their positions.
70% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 33
12% more funds holding
Funds holding: 197 → 220 (+23)
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
13% less call options, than puts
Call options by funds: $7.49M | Put options by funds: $8.59M
24% less capital invested
Capital invested by funds: $2.48B → $1.9B (-$587M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$44.2M |
| 2 |
Millennium Management
New York
|
+$28M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$25.6M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$22.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$72.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$64.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.5M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$21.3M |
| 5 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
-$19.7M |
PDCE Hedge Fund Activity: Q3 2019 in Review
220 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in PDC Energy, Inc. (PDCE) for Q3 2019, worth a combined $1.9B — down 24% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new PDCE positions and 33 closed out — a net gain of 23 holders — while 68 added to existing stakes and 73 trimmed.
The largest buyer was Barclays, adding an estimated $44.2M. The largest seller was Mangrove Partners, exiting entirely with an estimated $72.9M sold.
- 220 institutional investors held PDC Energy, Inc. (PDCE) as of Q3 2019, up from 197 in Q2 2019.
- Funds reported $1.9B of PDC Energy, Inc. stock for Q3 2019, down 24% quarter-over-quarter.
- 56 funds opened new PDC Energy, Inc. positions in Q3 2019 and 33 closed out, a net change of +23 holders.
- The largest PDC Energy, Inc. buyer in Q3 2019 was Barclays, an estimated $44.2M added.
- The largest PDC Energy, Inc. seller in Q3 2019 was Mangrove Partners, an estimated $72.9M sold.
Based on aggregated 13F filings for Q3 2019.