PrimeEnergy Resources
PNRG
22 hedge funds and large institutions have $3.55M invested in PrimeEnergy Resources in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 14 reducing their positions, and 10 closing their positions.
2.08% less ownership
Funds ownership: 5.91% → 3.82% (-2.1%)
27% less funds holding
Funds holding: 30 → 22 (-8)
42% less capital invested
Capital invested by funds: $6.13M → $3.55M (-$2.58M)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
86% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$281K |
| 2 |
Millennium Management
New York
|
+$204K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.76K |
| 4 |
Morgan Stanley
New York
|
+$861 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$403K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$223K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$204K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$141K |
PNRG Hedge Fund Activity: Q2 2021 in Review
22 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PrimeEnergy Resources (PNRG) for Q2 2021, worth a combined $3.55M — down 42% from $6.13M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PNRG and 2 opened new positions — a net loss of 8 holders — while 14 trimmed existing stakes and 2 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $281K. The largest seller was BlackRock, cutting an estimated $1.1M.
- 22 institutional investors held PrimeEnergy Resources (PNRG) as of Q2 2021, down from 30 in Q1 2021.
- Funds reported $3.55M of PrimeEnergy Resources stock for Q2 2021, down 42% quarter-over-quarter.
- 2 funds opened new PrimeEnergy Resources positions in Q2 2021 and 10 closed out, a net change of -8 holders.
- The largest PrimeEnergy Resources buyer in Q2 2021 was Cannell Capital, an estimated $281K added.
- The largest PrimeEnergy Resources seller in Q2 2021 was BlackRock, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2021.