Permian Resources
276 hedge funds and large institutions have $5.4B invested in Permian Resources in 2023 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 102 increasing their positions, 69 reducing their positions, and 34 closing their positions.
117% more capital invested
Capital invested by funds: $2.49B → $5.4B (+$2.91B)
103% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 34
95% more call options, than puts
Call options by funds: $47.4M | Put options by funds: $24.3M
48% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 69
13% more funds holding
Funds holding: 244 → 276 (+32)
4.87% more ownership
Funds ownership: 95.85% → 100.72% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$105M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$103M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$57.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$41.4M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
Riverstone Holdings
New York
|
-$139M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$111M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$53.9M |
| 4 |
Millennium Management
New York
|
-$38.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$33.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
301
Aquatic Capital Management
Chicago,
Illinois
| – | -$47K | -5,000 | Closed |
|
|
USCWA
302
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$28.7K | -3,055 | Closed |
|
|
CS
303
Comerica Securities
Detroit,
Michigan
| – | -$12.4K | -1,321 | Closed |
|
|
HCP
304
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$6.58K | -700 | Closed |
|
|
DFCM
305
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$6.34K | -675 | Closed |
|
306
Rockefeller Capital Management
New York
| – | -$3K | -400 | Closed |
|
|
CG
307
Cutler Group
San Francisco,
California
| – | -$2.35K | -230 | Closed |
|
|
CAS
308
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.67K | -178 | Closed |
|
|
CASC
309
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$1.67K | -178 | Closed |
|
310
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$20 | +2 | New |
|
PR Hedge Fund Activity: Q1 2023 in Review
276 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q1 2023, worth a combined $5.4B — up 117% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new PR positions and 34 closed out — a net gain of 35 holders — while 102 added to existing stakes and 69 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $105M. The largest seller was Riverstone Holdings, cutting an estimated $139M.
- 276 institutional investors held Permian Resources (PR) as of Q1 2023, up from 244 in Q4 2022.
- Funds reported $5.4B of Permian Resources stock for Q1 2023, up 117% quarter-over-quarter.
- 69 funds opened new Permian Resources positions in Q1 2023 and 34 closed out, a net change of +35 holders.
- The largest Permian Resources buyer in Q1 2023 was AllianceBernstein, an estimated $105M added.
- The largest Permian Resources seller in Q1 2023 was Riverstone Holdings, an estimated $139M sold.
Based on aggregated 13F filings for Q1 2023.