PrimeEnergy Resources
PNRG
30 hedge funds and large institutions have $11.2M invested in PrimeEnergy Resources in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
47% more capital invested
Capital invested by funds: $7.61M → $11.2M (+$3.6M)
30% more funds holding
Funds holding: 23 → 30 (+7)
2.22% more ownership
Funds ownership: 4.56% → 6.78% (+2.2%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$451K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$448K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$440K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$309K |
| 5 |
Jane Street
New York
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$355K |
| 2 |
Man Group
London,
United Kingdom
|
-$271K |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
-$230K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$192K |
| 5 |
Renaissance Technologies
New York
|
-$88.8K |
PNRG Hedge Fund Activity: Q1 2023 in Review
30 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PrimeEnergy Resources (PNRG) for Q1 2023, worth a combined $11.2M — up 47% from $7.61M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PNRG positions and 2 closed out — a net gain of 7 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $451K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $355K sold.
- 30 institutional investors held PrimeEnergy Resources (PNRG) as of Q1 2023, up from 23 in Q4 2022.
- Funds reported $11.2M of PrimeEnergy Resources stock for Q1 2023, up 47% quarter-over-quarter.
- 9 funds opened new PrimeEnergy Resources positions in Q1 2023 and 2 closed out, a net change of +7 holders.
- The largest PrimeEnergy Resources buyer in Q1 2023 was Bank of America, an estimated $451K added.
- The largest PrimeEnergy Resources seller in Q1 2023 was Janney Montgomery Scott, an estimated $355K sold.
Based on aggregated 13F filings for Q1 2023.