Permian Resources
433 hedge funds and large institutions have $10B invested in Permian Resources in 2024 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 182 increasing their positions, 124 reducing their positions, and 49 closing their positions.
223% more call options, than puts
Call options by funds: $145M | Put options by funds: $45M
76% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 49
47% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 124
37% more capital invested
Capital invested by funds: $7.29B → $10B (+$2.72B)
8% more funds holding
Funds holding: 401 → 433 (+32)
0.32% less ownership
Funds ownership: 105.19% → 104.88% (-0.32%)
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$133M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$97.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$79.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$73.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$69.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$86.4M |
| 2 |
RH
Riverstone Holdings
New York
|
-$70.9M |
| 3 |
Morgan Stanley
New York
|
-$69.6M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$62.3M |
| 5 |
EECFX
EnCap Energy Capital Fund XI
Houston,
Texas
|
-$46.7M |
PR Hedge Fund Activity: Q1 2024 in Review
433 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q1 2024, worth a combined $10B — up 37% from $7.29B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new PR positions and 49 closed out — a net gain of 37 holders — while 182 added to existing stakes and 124 trimmed.
The largest buyer was BlackRock, adding an estimated $133M. The largest seller was Citadel Advisors, cutting an estimated $86.4M.
- 433 institutional investors held Permian Resources (PR) as of Q1 2024, up from 401 in Q4 2023.
- Funds reported $10B of Permian Resources stock for Q1 2024, up 37% quarter-over-quarter.
- 86 funds opened new Permian Resources positions in Q1 2024 and 49 closed out, a net change of +37 holders.
- The largest Permian Resources buyer in Q1 2024 was BlackRock, an estimated $133M added.
- The largest Permian Resources seller in Q1 2024 was Citadel Advisors, an estimated $86.4M sold.
Based on aggregated 13F filings for Q1 2024.