Permian Resources
139 hedge funds and large institutions have $772M invested in Permian Resources in 2021 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 10 closing their positions.
440% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 10
221% more capital invested
Capital invested by funds: $240M → $772M (+$531M)
43% more funds holding
Funds holding: 97 → 139 (+42)
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
8.44% more ownership
Funds ownership: 57.39% → 65.83% (+8.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
40% less call options, than puts
Call options by funds: $7.99M | Put options by funds: $13.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
JB Investments Management
Phoenixville,
Pennsylvania
|
+$35.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$21.7M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$17.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$32.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.17M |
| 3 |
Renaissance Technologies
New York
|
-$4.69M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.96M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.79M |
PR Hedge Fund Activity: Q1 2021 in Review
139 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q1 2021, worth a combined $772M — up 221% from $240M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PR positions and 10 closed out — a net gain of 44 holders — while 38 added to existing stakes and 30 trimmed.
The largest buyer was JB Investments Management, opening a new position worth an estimated $35.9M. The largest seller was Prescott Group Capital Management, cutting an estimated $32.8M.
- 139 institutional investors held Permian Resources (PR) as of Q1 2021, up from 97 in Q4 2020.
- Funds reported $772M of Permian Resources stock for Q1 2021, up 221% quarter-over-quarter.
- 54 funds opened new Permian Resources positions in Q1 2021 and 10 closed out, a net change of +44 holders.
- The largest Permian Resources buyer in Q1 2021 was JB Investments Management, an estimated $35.9M added.
- The largest Permian Resources seller in Q1 2021 was Prescott Group Capital Management, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2021.