PrimeEnergy Resources
PNRG
50 hedge funds and large institutions have $25.5M invested in PrimeEnergy Resources in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
13% more capital invested
Capital invested by funds: $22.7M → $25.5M (+$2.87M)
6% more funds holding
Funds holding: 47 → 50 (+3)
2.58% more ownership
Funds ownership: 10.62% → 13.2% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
+$3.1M |
| 2 |
AACP
Advantage Alpha Capital Partners
San Francisco,
California
|
+$519K |
| 3 |
LW
Lauer Wealth
Valparaiso,
Indiana
|
+$320K |
| 4 |
BlackRock
New York
|
+$309K |
| 5 |
Morgan Stanley
New York
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$241K |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$107K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$60.6K |
| 4 |
SOW
State of Wyoming
Cheyenne,
Wyoming
|
-$33.3K |
| 5 |
State Street
Boston,
Massachusetts
|
-$32K |
PNRG Hedge Fund Activity: Q4 2023 in Review
50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PrimeEnergy Resources (PNRG) for Q4 2023, worth a combined $25.5M — up 13% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PNRG positions and 4 closed out — a net gain of 3 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Marex Group, opening a new position worth an estimated $3.1M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $241K sold.
- 50 institutional investors held PrimeEnergy Resources (PNRG) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $25.5M of PrimeEnergy Resources stock for Q4 2023, up 13% quarter-over-quarter.
- 7 funds opened new PrimeEnergy Resources positions in Q4 2023 and 4 closed out, a net change of +3 holders.
- The largest PrimeEnergy Resources buyer in Q4 2023 was Marex Group, an estimated $3.1M added.
- The largest PrimeEnergy Resources seller in Q4 2023 was Bank of New York Mellon, an estimated $241K sold.
Based on aggregated 13F filings for Q4 2023.