Pioneer Energy Services Corp.
PES
PES was delisted on the 14th of August, 2019.
62 hedge funds and large institutions have $8.22M invested in Pioneer Energy Services Corp. in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 29 reducing their positions, and 54 closing their positions.
42% less funds holding
Funds holding: 106 → 62 (-44)
69% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 29
76% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 54
92% less capital invested
Capital invested by funds: $101M → $8.22M (-$92.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.18M |
| 2 |
Jane Street
New York
|
+$530K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$371K |
| 4 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$347K |
| 5 |
Franklin Resources
San Mateo,
California
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$10.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$6.57M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.16M |
| 4 |
Bank of New York Mellon
New York
|
-$1.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | -$3.45K | -3,159 | Closed |
|
|
MOACM
102
Mutual of America Capital Management
New York
| – | -$4K | -2,202 | Closed |
|
|
MAM
103
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -1,774 | Closed |
|
|
VCM
104
Versant Capital Management
Phoenix,
Arizona
| – | -$2K | -1,397 | Closed |
|
|
TWA
105
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -928 | Closed |
|
|
HGWM
106
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -651 | Closed |
|
107
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$517 | -473 | -68% |
|
|
PFBT
108
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -308 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$109 | +100 | New |
|
110
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$181 | +166 | +13% |
|
111
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$482 | +441 | New |
|
PES Hedge Fund Activity: Q2 2019 in Review
62 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Pioneer Energy Services Corp. (PES) for Q2 2019, worth a combined $8.22M — down 92% from $101M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of PES and 13 opened new positions — a net loss of 41 holders — while 29 trimmed existing stakes and 9 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.18M. The largest seller was BlackRock, cutting an estimated $10.8M.
- 62 institutional investors held Pioneer Energy Services Corp. (PES) as of Q2 2019, down from 106 in Q1 2019.
- Funds reported $8.22M of Pioneer Energy Services Corp. stock for Q2 2019, down 92% quarter-over-quarter.
- 13 funds opened new Pioneer Energy Services Corp. positions in Q2 2019 and 54 closed out, a net change of -41 holders.
- The largest Pioneer Energy Services Corp. buyer in Q2 2019 was Millennium Management, an estimated $2.18M added.
- The largest Pioneer Energy Services Corp. seller in Q2 2019 was BlackRock, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2019.