PrimeEnergy Resources
PNRG
28 hedge funds and large institutions have $12.2M invested in PrimeEnergy Resources in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
41% more capital invested
Capital invested by funds: $8.64M → $12.2M (+$3.55M)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
22% more funds holding
Funds holding: 23 → 28 (+5)
1.78% more ownership
Funds ownership: 2.73% → 4.51% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.27M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.35M |
| 3 |
State Street
Boston,
Massachusetts
|
+$840K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$463K |
| 5 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
-$943K |
| 2 |
Millennium Management
New York
|
-$598K |
| 3 |
BIA
Biondo Investment Advisors
Milford,
Pennsylvania
|
-$285K |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$203K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$70K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $1.2K | +$1.24K | +9 | New |
|
27
Morgan Stanley
New York
| $1K | -$4.39K | -32 | -84% |
|
28
Wells Fargo
San Francisco,
California
| $1K | +$549 | +4 | New |
|
|
FWCM
29
Ferguson Wellman Capital Management
Portland,
Oregon
| – | -$943K | -5,750 | Closed |
|
|
30
Millennium Management
New York
| – | -$598K | -3,645 | Closed |
|
|
BIA
31
Biondo Investment Advisors
Milford,
Pennsylvania
| – | -$285K | -2,000 | Closed |
|
|
ECM
32
ExodusPoint Capital Management
New York
| – | -$203K | -1,199 | Closed |
|
|
PAM
33
Panagora Asset Management
Boston,
Massachusetts
| – | -$37K | -225 | Closed |
|
|
MWNA
34
Marshall Wace North America
New York
| – | -$26K | -158 | Closed |
|
PNRG Hedge Fund Activity: Q2 2019 in Review
28 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PrimeEnergy Resources (PNRG) for Q2 2019, worth a combined $12.2M — up 41% from $8.64M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PNRG positions and 6 closed out — a net gain of 5 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $3.27M. The largest seller was Ferguson Wellman Capital Management, exiting entirely with an estimated $943K sold.
- 28 institutional investors held PrimeEnergy Resources (PNRG) as of Q2 2019, up from 23 in Q1 2019.
- Funds reported $12.2M of PrimeEnergy Resources stock for Q2 2019, up 41% quarter-over-quarter.
- 11 funds opened new PrimeEnergy Resources positions in Q2 2019 and 6 closed out, a net change of +5 holders.
- The largest PrimeEnergy Resources buyer in Q2 2019 was BlackRock, an estimated $3.27M added.
- The largest PrimeEnergy Resources seller in Q2 2019 was Ferguson Wellman Capital Management, an estimated $943K sold.
Based on aggregated 13F filings for Q2 2019.