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Permian Resources

401 hedge funds and large institutions have $7.29B invested in Permian Resources in 2023 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 185 increasing their positions, 81 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

201% more call options, than puts

Call options by funds: $130M | Put options by funds: $43.3M

192% more first-time investments, than exits

New positions opened: 114 | Existing positions closed: 39

128% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 81

38% more capital invested

Capital invested by funds: $5.29B → $7.29B (+$2B)

22% more funds holding

Funds holding: 329401 (+72)

18% more funds holding in top 10

Funds holding in top 10: 1720 (+3)

9.94% less ownership

Funds ownership: 115.13%105.19% (-9.9%)

Holders
401
Holders Change
+72
Holders Change %
+21.88%
% of All Funds
5.85%
Holding in Top 10
20
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+17.65%
% of All Funds
0.29%
New
114
Increased
185
Reduced
81
Closed
39
Calls
$130M
Puts
$43.3M
Net Calls
+$86.9M
Net Calls Change
+$22.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Westfield Capital Management
26
Westfield Capital Management
Massachusetts
$64.5M +$11.3M +823,574 +21%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$64M +$16.4M +1,198,395 +34%
Fidelity Investments
28
Fidelity Investments
Massachusetts
$58.7M +$56.5M +4,129,763 +2,237%
RIM
29
Ranger Investment Management
Texas
$58.3M +$7.61M +556,132 +15%
SC
30
Sagefield Capital
Texas
$58.3M +$12.6M +920,461 +27%
PDIP
31
Palo Duro Investment Partners
Illinois
$57.9M +$4.01M +292,922 +7%
Luther King Capital Management (LKCM)
32
Luther King Capital Management (LKCM)
Texas
$54.7M +$32.1M +2,341,653 +139%
Ameriprise
33
Ameriprise
Minnesota
$50.2M +$23.8M +1,737,504 +89%
Victory Capital Management
34
Victory Capital Management
Texas
$50.2M -$17.5M -1,281,950 -26%
Charles Schwab
35
Charles Schwab
California
$50.1M +$14.9M +1,089,575 +42%
Millennium Management
36
Millennium Management
New York
$49.5M +$11.9M +869,250 +31%
Renaissance Technologies
37
Renaissance Technologies
New York
$49.4M -$10.6M -774,895 -18%
Voloridge Investment Management
38
Voloridge Investment Management
Florida
$47.9M -$14.1M -1,027,969 -23%
Balyasny Asset Management
39
Balyasny Asset Management
Illinois
$45.8M +$46.1M +3,371,089 New
Holocene Advisors
40
Holocene Advisors
New York
$45.5M +$45.8M +3,344,615 New
William Blair Investment Management
41
William Blair Investment Management
Illinois
$45.3M +$45.6M +3,331,606 New
Jennison Associates
42
Jennison Associates
New York
$43.6M -$31.2M -2,281,552 -42%
Schroder Investment Management Group
43
Schroder Investment Management Group
United Kingdom
$42.7M +$1.4M +102,583 +3%
VNIM
44
Vaughan Nelson Investment Management
Texas
$42.6M +$2.89M +210,870 +7%
MIM
45
Merewether Investment Management
Texas
$41.3M +$5.99M +437,611 +17%
EECFV
46
EnCap Energy Capital Fund VIII
Texas
$41.1M +$41.4M +3,021,829 New
LI
47
Leeward Investments
Massachusetts
$31.4M +$1.64M +120,007 +5%
WCCM
48
Webs Creek Capital Management
Texas
$30M -$753K -55,000 -2%
HCM
49
Hodges Capital Management
Texas
$28.5M +$18.8M +1,370,370 +189%
YCM
50
Yaupon Capital Management
New York
$27.2M -$532K -38,856 -2%

PR Hedge Fund Activity: Q4 2023 in Review

401 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q4 2023, worth a combined $7.29B — up 38% from $5.29B a quarter earlier.

Buyers outnumbered sellers: 114 funds opened new PR positions and 39 closed out — a net gain of 75 holders — while 185 added to existing stakes and 81 trimmed.

The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $356M. The largest seller was AllianceBernstein, cutting an estimated $78.4M.

  • 401 institutional investors held Permian Resources (PR) as of Q4 2023, up from 329 in Q3 2023.
  • Funds reported $7.29B of Permian Resources stock for Q4 2023, up 38% quarter-over-quarter.
  • 114 funds opened new Permian Resources positions in Q4 2023 and 39 closed out, a net change of +75 holders.
  • The largest Permian Resources buyer in Q4 2023 was EnCap Energy Capital Fund XI, an estimated $356M added.
  • The largest Permian Resources seller in Q4 2023 was AllianceBernstein, an estimated $78.4M sold.

Based on aggregated 13F filings for Q4 2023.