PrimeEnergy Resources
PNRG
46 hedge funds and large institutions have $20.9M invested in PrimeEnergy Resources in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 8 closing their positions.
1.77% less ownership
Funds ownership: 13.2% → 11.43% (-1.8%)
8% less funds holding
Funds holding: 50 → 46 (-4)
18% less capital invested
Capital invested by funds: $25.5M → $20.9M (-$4.68M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$278K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$259K |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$239K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$84.9K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$60.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
-$3.08M |
| 2 |
LW
Lauer Wealth
Valparaiso,
Indiana
|
-$300K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$262K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$216K |
| 5 |
Morgan Stanley
New York
|
-$170K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
51
GAMMA Investing
Foster City,
California
| – | -$1.06K | -11 | Closed |
|
52
Russell Investments Group
London,
United Kingdom
| – | -$638 | -6 | Closed |
|
|
AW
53
Avion Wealth
The Woodlands,
Texas
| – | -$1K | -5 | Closed |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$396 | +4 | New |
|
PNRG Hedge Fund Activity: Q1 2024 in Review
46 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PrimeEnergy Resources (PNRG) for Q1 2024, worth a combined $20.9M — down 18% from $25.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PNRG and 4 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $278K. The largest seller was Marex Group, exiting entirely with an estimated $3.08M sold.
- 46 institutional investors held PrimeEnergy Resources (PNRG) as of Q1 2024, down from 50 in Q4 2023.
- Funds reported $20.9M of PrimeEnergy Resources stock for Q1 2024, down 18% quarter-over-quarter.
- 4 funds opened new PrimeEnergy Resources positions in Q1 2024 and 8 closed out, a net change of -4 holders.
- The largest PrimeEnergy Resources buyer in Q1 2024 was Bank of America, an estimated $278K added.
- The largest PrimeEnergy Resources seller in Q1 2024 was Marex Group, an estimated $3.08M sold.
Based on aggregated 13F filings for Q1 2024.