Permian Resources
213 hedge funds and large institutions have $3.05B invested in Permian Resources in 2018 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 79 increasing their positions, 65 reducing their positions, and 45 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 65
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more call options, than puts
Call options by funds: $9.39M | Put options by funds: $8.33M
0% less funds holding
Funds holding: 214 → 213 (-1)
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
1.49% less ownership
Funds ownership: 106.93% → 105.45% (-1.5%)
50% less capital invested
Capital invested by funds: $6.16B → $3.05B (-$3.11B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$60.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.4M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$24.2M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$15.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$70.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.2M |
| 4 |
O
OppenheimerFunds
New York
|
-$33.8M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$25.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
251
Steward Partners Investment Advisory
New York
| – | -$8K | -364 | Closed |
|
|
APP
252
Avantax Planning Partners
Dubuque,
Iowa
| – | -$4K | -178 | Closed |
|
253
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$2.56K | -149 | -99% |
|
|
EFSCE
254
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$3K | -119 | Closed |
|
|
TFS
255
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$2K | -108 | Closed |
|
|
PCP
256
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -24 | Closed |
|
|
TWA
257
TCI Wealth Advisors
Tucson,
Arizona
| – | +$549 | +32 | New |
|
PR Hedge Fund Activity: Q4 2018 in Review
213 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q4 2018, worth a combined $3.05B — down 50% from $6.16B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PR and 44 opened new positions — a net loss of 1 holder — while 65 trimmed existing stakes and 79 added.
The largest buyer was William Blair Investment Management, adding an estimated $60.6M. The largest seller was Millennium Management, cutting an estimated $70.8M.
- 213 institutional investors held Permian Resources (PR) as of Q4 2018, down from 214 in Q3 2018.
- Funds reported $3.05B of Permian Resources stock for Q4 2018, down 50% quarter-over-quarter.
- 44 funds opened new Permian Resources positions in Q4 2018 and 45 closed out, a net change of -1 holder.
- The largest Permian Resources buyer in Q4 2018 was William Blair Investment Management, an estimated $60.6M added.
- The largest Permian Resources seller in Q4 2018 was Millennium Management, an estimated $70.8M sold.
Based on aggregated 13F filings for Q4 2018.